Big Jackpot Lotteries are really just massive on-going rug pull shitcoins in disguise.
It's so bad, that you are way more likely to make money off actual rug pull scam coins than winning even a secondary lower cash payout jackpot.
The people who run the lottery are the real winners. Sorta like how shitcoin devs will burn tokens everytime they are purchased but instead keeps it in a hidden acc.
In lottery 50% the actual price pool. So a 10,000,000 jackpot is now 5M.
Now you have to pay another 40% in taxes combined with stage, and local. So now your total earnings is 2.5M instead of 10M.
So, devs for the lottery take in 75% of everything guaranteed.
Not only this. When you lose, you lose all your money invested. When a crypto tanks, you may lose 99.9% bur there will be some change ledt. So crypto isn't even good at taking everything. It will leave you left with something, even if it's only 0.005ea.
So if you agree with this scam shit being legal, you should agree with crypto being legal
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