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I don't think it's a tax on stupidity at all. For less than the price of half a pint or renting a tulip movie you get to spend all week dreaming of how you'd spend it. It's the best value escapism on the market.
I do the same when I see a really attractive woman, spend all week dreaming of how I'd bonk the life out of her. Just as likely too and saves spending £2!
Gambling is for fun not finance. Everybody who plays knows you lose out but that's like saying the cinema is a "stupid tax" because you pay £10 and lose 2 hours of your life.
The fact it's going up to £2 seems unimportant, probably most people buy more than one ticket? If they don't they could play every 2nd week. And syndicates can still work on exactly the same budget.
On 31st October the price of a lottery ticket will be £1. On 1st November it will be £2. How can they justify this?
So on 2nd November it will be £4 and 3rd November it will be £8. By 30th November it will be £1,073,741,824 - so only assguru will be able to afford to buy a ticket.
This is a disgrace.
Postcode lottery is 2 quid. This increase has nothing to do with redistribution of small prize money and everything to do with bringing Lotto into line with the Postcode and EuroMillions lotteries.
I do the same when I see a really attractive woman, spend all week dreaming of how I'd bonk the life out of her. Just as likely too and saves spending £2!
Doubling the price of a ticket - fair enough - £1 isn't worth what it was 20 years ago.
But the only prize that is increasing by anything like an equivalent proportion is the bottom one people don't play the lottery to win £10/25 - even the thickest players understand that they only come by rarely to make a difference.
It is disgusting, and unfair, that a lottery ticket should double in price when a £500 chip at Aspinalls isn't going up at all. It's one rule for Tory millionaires and one for the rest of us is what it is.
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