The thing that annoys me most about the lottery is the tradeoff between risk and reward is so dumb as to become actually dangerous. The linked site says the Eurojackpot has a 1 in 139,838,160 chance of a jackpot and a payout of €10,000,000, where for most people a payout of €50k-€250k would be completely life changing and I expect there exist risky bets/gambles/investments which would give you that payout for much better odds.
Not to mention that once your winnings goes over a certain threshold the chance that you end up dead from bad choices or straight up murdered seems to skyrocket.
wow, elegantly said, thanks!
Well there are lotteries with lower payout and "a better chance".
...but anyway, are you really arguing that rich people live way more dangerous?
I genuinely meant that lottery winners got murdered at a noticeable higher rate. However I can't find a good source for that belief now. So I'm happy to drop the belief.
Nevertheless, here's an article from an untrustworthy looking site!
https://www.grunge.com/1301397/lottery-winners-murdered/
Ok, so America.
In Europe, or at least in Germany, they don't name drop. If the jackpot was very high, like >100M you can sometime hear in the news something like "the win goes to nord Bavaria." But that's it. The winners even get schooled on how to stay low. Only talk about the win in the family. Open an new bank account in a big city and not at your village bank. Don't immediately quit your job. Don't invest in shady shit etc.
If you self select to be public about it, that is on you. And there are people who do. Most talk about it after they have lost a lot of money and are in debt now. They thought they are set for life. So they raise their living standard drastically. Give out big gifts etc. And "suddenly" 10M isn't that much money anymore. :-)
But yea, I agree that lottery is stupid. Put the money on savings.