EPISODE · Dec 14, 2022 · 1H 16M
Why No One Wins the Lottery with Jon Cohen
from Factually! with Adam Conover
Lotteries are the most popular form of gambling. So why the hell is the lottery run by our own government? And do they actually provide a windfall for public schools, or are they a scam that diverts money from the poorest taxpayers to a few giant companies? This week Adam is joined by Jonathan Cohen to explain how the government ended up taking over lotteries from organized crime syndicates, how they were then captured by a few large companies, and whether or not they actually pay off for society in the end. Pick up Jon’s book at http://factuallypod.com/books -- Promo Code: FACTUALLY Listener Discount: 10% Vanity URL: hover.com/FACTUALLY Learn more about your ad choices. Visit megaphone.fm/adchoices See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
What this episode covers
Lotteries are the most popular form of gambling. So why the hell is the lottery run by our own government? And do they actually provide a windfall for public schools, or are they a scam that diverts money from the poorest taxpayers to a few giant companies? This week Adam is joined by Jonathan Cohen to explain how the government ended up taking over lotteries from organized crime syndicates, how they were then captured by a few large companies, and whether or not they actually pay off for society in the end. Pick up Jon’s book at http://factuallypod.com/books -- Promo Code: FACTUALLY Listener Discount: 10% Vanity URL: hover.com/FACTUALLY Learn more about your ad choices. Visit megaphone.fm/adchoices See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
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Why No One Wins the Lottery with Jon Cohen
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