Part 1 was about the interesting psychology that gambling brings out in people. We also looked at those $30 scratch-offs and the mixed feelings that come with buying those things.
But while people have to wrestle with their own budgets and morals to see if gambling has a place in their lives, there’s another aspect of the Minnesota State Lottery that doesn’t get brought up too much: the State of Minnesota. Yet it’s a worthy aspect to examine…
I grew up seeing the loon logo on print ads and hearing the loon cry on radio/TV spots. It was a regular part of my world–not a deviation that warranted concern. I even kind of liked the jingle. Thus, it was easy to recognize the good as a result of the state lottery: specifically, wildlife preservation and the tens of millions is raises for this cause each year.
But not too long ago, I wrote a piece about the moral hazard of using traffic tickets and other citations for general city/county/state budget use. In that case, I recognized that we needed lawbreakers, or else the budget won’t be met. Crazy.
In this article’s case, it’s about needing people to gamble.
And on billboard:
We got it all backwards.
It seems obvious to state that people are better off not gambling, but our reliance is so high and the state lottery is so embedded in our lives that we lose track of this and promote it.
Though the state would miss the money, the lottery is a big hit on countless individual’s personal incomes and savings. And these citizens–aka the taxpayers–of Minnesota, and thus the State of Minnesota, would be more prosperous if they used this money to spend and invest on truly worthwhile (and economy-building) activities. Without the lottery money pit, the economic pie could be a lot bigger.
But as a state, we don’t want this. We encourage, we advertise, we lure people to play the lottery. We’ve put ourselves in a moral bind that polarizes our wishes to help people live better lives while hoping they make a bad choice and gamble more.
The solution: don’t use gambling revenue for state budget purposes.