of a black woman talking about buying lottery ticket to be able to provide for her grandchildren. While I did not see the ad in person it sounds like something Washington State would do.
Lottery tickets! Not a word about investments. Nothing about savings, schooling or apprenticeship programs! Nope. Lottery tickets, a one in a million chance of short-lived riches.
Typical. That's targeting the poor minority sector that seems to buy a larger than average number of lottery tickets. It leads them to believe that hitting the jackpot is going to solve everything instead of telling the truth that except in very, very rare instances they are wasting their money and simply making themselves poorer.
It's just another way of keeping minorities down.
Several years ago a shipmate and I used to buy a ticket about once a week and sit by the TV to watch the drawing. Before the drawing we'd talk trash aout what we were going to do with our millions and afterwards we'd groan and have a good laugh. It wasn't with the hope of making money. It was simply cheap entertainment. It cost us a buck for a pretty good laugh which sometimes is in short supply in my line of work.
What my shipmate and I did was one thing. We did it to sit in front of the TV for a few minutes and laugh.We spent a buck apiece for a laugh. What I see a lot of lower end working class and unemployed people do is another. They spend a fortune on lottery tickets and think that the lottery is going to pull them out of misery and/or poverty.
You can see the look of desperation on some of the faces as they buy their lottery tickets. They're hoping against hope for a way out of their lifestyle. They want to become rich and famous.
Of course when one of the unwashed masses wins, say several million dollars they generally don't keep it for very long and quite often wind up poorer than they were before they won the money.
Almost weekly we hear of some person that won millions and managed to lose every bit of it in record time and is now worse off than they were beforehand. Some end up totally homeless.
People with no solid financial background make stupid decisions and stupid decisions cost money. In many cases a lot of money. They do incredibly dumb things like buying expensive toys and naturally assume the money will last forever no matter how fast they spend it. A couple of million dollars really isn't a whole lot of money when you think about it. Especially when you figure the average house in the country runs about $300,000. It can easily double that in many areas.
Most people with any real financial savvy say that if they won a million bucks they would pay off their house and stay working. They would invest the money one way or the other for retirement.
Most of those that can afford to play the lottery seldom do. They are not in the habit of throwing money around wastefully which is likely the reason they can afford to play if they wanted to.
As far as the woman in the lottery commercial goes, she should not be relying on lottery ticket winnings to pass onto her grandchildren. She should take the money she spends on them and try and save it so her future generation can put it toward some kind of education or apprenticeship program that will actually put them into a position where they can take care of themselves.
As for the people that aired that ad?
No comment but THIS is the type of thing BLM and company should be screaming about.
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Incidentally one day my friend looked at me and asked "What are we going to do if we really did win something big.
I told him if we ever did that the first person I was going to call is ann old friend of miine that is in the banking business. I said that maybe he wasn't the person we needed but he could certainly send me to the person we needed.
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