Just imagine winning a prize of hundreds of millions of dollars with the only investment being a tiny piece of paper no larger than a book of stamps. This prospect of winning great wealth for just a few bucks, as pathetically remote as it is, often results in a frenzy of activity when the lottery shoots up—a frenzy that fuels itself. Especially huge numbers, such as the 2012 lottery of $640,000,000, grab headlines as wishful thinkers endure lines to purchase tickets hoping to get in on “The Poor Man’s Tax,” no matter the infinitesimal odds of winning. When someone does finally win, acrimony, controversy, loss of privacy, and sometimes even the loss of the millions themselves, results.
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