March 2010 April 2010 May 2010 June 2010 July 2010
August 2010
September 2010 October 2010
November 2010
December 2010 January 2011 February 2011 March 2011 April 2011 May 2011 June 2011 July 2011 August 2011 September 2011 October 2011 November 2011 December 2011 January 2012 February 2012 March 2012 April 2012 May 2012 June 2012 July 2012 August 2012 September 2012 October 2012 November 2012 December 2012 January 2013 February 2013 March 2013 April 2013 May 2013 June 2013 July 2013 August 2013 September 2013 October 2013 November 2013 December 2013 January 2014 February 2014 March 2014 April 2014 May 2014 June 2014 July 2014 August 2014 September 2014 October 2014 November 2014 December 2014 January 2015 February 2015 March 2015 April 2015 May 2015 June 2015 July 2015 August 2015 September 2015 October 2015 November 2015 December 2015 January 2016 February 2016 March 2016 April 2016 May 2016 June 2016 July 2016 August 2016 September 2016 October 2016 November 2016 December 2016 January 2017 February 2017 March 2017 April 2017 May 2017 June 2017 July 2017 August 2017 September 2017 October 2017 November 2017 December 2017 January 2018 February 2018 March 2018 April 2018 May 2018 June 2018 July 2018 August 2018 September 2018 October 2018 November 2018 December 2018 January 2019 February 2019 March 2019 April 2019 May 2019 June 2019 July 2019 August 2019 September 2019 October 2019 November 2019 December 2019 January 2020 February 2020 March 2020 April 2020 May 2020 June 2020 July 2020 August 2020 September 2020 October 2020 November 2020 December 2020 January 2021 February 2021 March 2021 April 2021 May 2021 June 2021 July 2021 August 2021 September 2021 October 2021 November 2021 December 2021 January 2022 February 2022 March 2022 April 2022 May 2022 June 2022 July 2022 August 2022 September 2022 October 2022 November 2022 December 2022 January 2023 February 2023 March 2023 April 2023 May 2023 June 2023 July 2023 August 2023 September 2023 October 2023 November 2023 December 2023 January 2024 February 2024 March 2024 April 2024 May 2024 June 2024 July 2024 August 2024 September 2024 October 2024 November 2024
1 2 3 4 5 6 7 8 9 10 11 12 13 14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
News Every Day |

The 2024 Election Was the Culmination of America’s Love Affair With Rolling the Dice

Late in the 2024 election, Elon Musk made a tantalizing and outlandish offer: a sweepstakes offering $1 million daily to voters who pledged to sign on to his petition proclaiming support for the First and Second Amendments. The stunt raised questions about money in politics, but also about the use of what appeared to be a lottery to sway voters’ choices. Later the political action committee admitted that it would select the “winners” ahead of time, not pluck them out by chance. So, not a lottery after all.

[time-brightcove not-tgx=”true”]

But it was a fitting ploy for our times, where elections are big business and the rules of the game are subject to plenty of manipulations: duplicitous texts, hours-long lines to vote in some neighborhoods, and of course, the arcane Electoral College that shapes how campaigns are run and whose votes are considered valuable. Musk’s purported lottery made sense in America’s betting-obsessed culture, where it isn’t enough to see stock markets rise and fall around election time; instead dedicated prediction markets now allow speculators to bet on electoral outcomes.

The widespread embrace of gambling, betting, and lotteries is a regressive method of shoring up revenues for public goods in an age of austerity and tax cuts. Lotteries, then, reflect and increase inequality, while holding out the promise of a big windfall for individual winners. Indeed, the same political and economic conditions that gave rise to the popularity of lotteries, games of chance, and speculation have also ushered in a new political era, shaped by Donald Trump—who, after all, built a career in casinos. Uncertainty and insecurity have made us into a nation of gamblers, betting that fortune’s wheel, rather than shared investment in our democracy, brings prosperity

Lotteries have a long history in the U.S., stretching back to the colonial era. Then, legislatures used lotteries to raise funds for colonial governments, relief for the poor, and universities, among other public goods. During the 1820s and 1830s, though, many states took steps to ban state and private lotteries after scandals emerged about rigged and unfair games. Reformers criticized lotteries as regressive and harmful to working people, and state constitutions soon prohibited them.

Read More: The Problem With Mega Jackpots Like the $2 Billion Powerball Drawing

After the Civil War, lotteries became popular again. Southern states saw them as an easy way to raise revenues without imposing new taxes. Soon, people were purchasing tickets for the Louisiana State Lottery by mail, not just within the state but across the nation. Concerned about the corruption of public morality, and as President Benjamin Harrison put it, “the robbery of the poor,” Congress used its power to regulate interstate commerce to crack down on state lotteries by the end of the 19th century.

But legal gambling emerged again in the 20th century. Nevada legalized casino gambling during the Great Depression. State lotteries followed, beginning with New Hampshire, in 1964. The Granite State was one of few states without income or sales taxes, and the lottery’s proceeds were to go to the public school system. Entering cost $3 and people dreamt about taking home the winnings, which were pegged to a horse race. People might walk away with a prize ranging from anywhere between few hundred dollars and $150,000.

People played enthusiastically, and other states soon followed in the 1970s and 1980s as cities and states became more fiscally strained, thanks to inflation, low corporate taxes, and veneration of the free market. Politicians hesitated to raise direct taxes on citizens, lest they lose reelection, and so lotteries became a popular method of raising funds. 

Some states turned to casino gambling as another source of revenue. In 1976, New Jersey voters opted to legalize gambling in Atlantic City, a decision that drew casino operators to the storied boardwalk in droves over the next decade. The city was once a premiere destination for visitors hoping to catch sun and sea down the shore, but the city had fallen on hard times. Casino gambling was understood as a good bet for reviving tourism and raising revenues.

In 1984, Trump made his first foray into Atlantic City’s casino business, and he would expand his empire to three casinos over the following decade. He did well, but his casinos didn’t—the projects took on excessive debts, or failed to register a profit, and each underwent bankruptcies (Trump Taj Mahal in 1991, Trump Plaza and Trump Castle, 1992) before eventually shuttering or changing hands. Neither did the city’s residents; people’s homes had been cleared to make way for casinos that choked the city off from the beachfront. And yet, tourists flocked to the growing opportunities to hit it big. In 1986 Atlantic City welcomed 30 million visitors, making it the number one tourist destination in the country.

In the 1980s, the culture—like the administration of President Ronald Reagan—venerated wealth acquisition, and the expansion of the financial industry was accompanied by Hollywood films like Wall Street and Working Girl. Even when reckless speculation and deregulation led to crashes like the Savings and Loan Crisis and “Black Monday,” on Oct. 19, 1987, Americans doubled down on risk-taking and markets. Instead of creating a system that aimed to serve everybody’s needs, the logics of markets and competition triumphed and became applied to every part of life.

Such logic extended even to the immigration system. Since 1965, the system had largely limited visas to immigrants with a close family member or employer to sponsor them. Yet many more people want to immigrate to the U.S., drawn by better opportunities. In 1990, policymakers decided to create a way for them to get visas. Perhaps reflecting the glorification of risk-taking dominating the culture, they made it into a game of chance. The new Diversity Visa lottery gave people from around the world a chance to win an immigrant visa.

Read More: An Explosion in Sports Betting Is Driving Gambling Addiction Among College Students

Allocating valued but scarce goods via lottery made sense to policymakers for practical reasons; it was cheaper to administer this way than to sift through and assess detailed applications, weighing the pros and cons of each aspiring entrant. But it was a fortuitous choice: Making luck the animating premise of the program also appealed to aspiring immigrants who felt that chance offered better odds than restriction-minded bureaucrats.

This lottery, like others, acknowledges the randomness that shapes our lives, particularly in the 21st century as countries like the U.S. have reduced social safety nets and embraced deregulation, allowing inequality to shape our society and making rights dependent on things largely outside our control: where we are born, our gender, the state in which we reside. The resulting precarity only deepens our sense of insecurity and distrust.

Luck shapes our lives more than we are comfortable admitting, and the explosion of lotteries and gambling in our society in recent years both recognizes and reinforces this fact. When hard work and dedication don’t reliably bring us stability, it makes a kind of sense to turn to lottery tickets and betting in the hope of a big win—even when the odds are stacked against us.

Yet, while lotteries may be popular, and they may generate needed revenues, they are a poor substitute for robust investment in the public goods that we all depend upon, like schools, health care, infrastructure, and housing. Such insecurity and uncertainty may undermine our trust in each other, in the government, and in democracy itself to deliver what we need to survive and to thrive. After all, almost everyone who enters a lottery loses; the winner’s luck depends on everybody else’s lack of it.

Access to a good life seems more than ever to depend on luck. Now, by sending Trump back to the White House, the electorate appears to have spun the wheel on democracy itself, leaving us to hope that whatever luck we have had in building our fragile democracy thus far in our history doesn’t run out.

Carly Goodman is assistant professor of history at Rutgers University-Camden, senior editor at Made by History at TIME, and author of Dreamland: America’s Immigration Lottery in an Age of Restriction (UNC Press, 2023).

Made by History takes readers beyond the headlines with articles written and edited by professional historians. Learn more about Made by History at TIME here. Opinions expressed do not necessarily reflect the views of TIME editors.

Борис Титов

Борис Титов заявил о начале совместного российско-индийского производства игристого

What is Ceramic Coating?

Jake Paul vs Mike Tyson weigh-in: Date, start time, how to watch & stream FREE as boxers prepare for huge Netflix clash

When I was 11, I made a friend who changed the trajectory of my life. She inspired me to go to college and try harder.

Diddy is ‘renting out his $60m Air Combs private jet & charging $432k for a one-way transatlantic flight’ as trial looms

Ria.city






Read also

Watch China show off chilling UNSTOPPABLE robo-dog on wheels that speeds over all terrain…giving you no chance to flee

'Ineffective and hollow': Columnist claims Beyonce endorsement hurt Harris' chances

Gaetz resigns from Congress after AG nod

News, articles, comments, with a minute-by-minute update, now on Today24.pro

News Every Day

When I was 11, I made a friend who changed the trajectory of my life. She inspired me to go to college and try harder.

Today24.pro — latest news 24/7. You can add your news instantly now — here


News Every Day

When I was 11, I made a friend who changed the trajectory of my life. She inspired me to go to college and try harder.



Sports today


Новости тенниса
ATP

Футболисты «Ювентуса» сфотографировались с Медведевым на Итоговом турнире ATP



Спорт в России и мире
Москва

Динамовское дерби снова в Москве



All sports news today





Sports in Russia today

Москва

Ярославский "Локомотив" побеждает "Спартак": 11-я победа подряд в КХЛ


Новости России

Game News

2025's videogame Grammy nominations are the normal AAA fare and one surprising indie entry


Russian.city


News Every Day

Jake Paul vs Mike Tyson weigh-in: Date, start time, how to watch & stream FREE as boxers prepare for huge Netflix clash


Губернаторы России
Локомотив

ФК «Локомотив» обвинил Дзюбу в нарушении этики и неуважении к футболу в России


Семья из Пермского края победила в конкурсе Ирины Дубцовой «Главное – Семья»

Семья из Пермского края победила в конкурсе Ирины Дубцовой «Главное – Семья»

Филиал № 4 ОСФР по Москве и Московской области напоминает: Социальный фонд проинформирует самозанятых о формировании пенсионных прав

Филиал № 4 ОСФР по Москве и Московской области напоминает: В Московском регионе 5,6 тысячи самозанятых самостоятельно формируют будущую пенсию


Тося Чайкина рассказала, почему решила обнулиться

Оркестр Лундстрема открыл фестиваль «Джаз в филармонии» в Калининграде

Семья педагогов из Малоярославца победила в конкурсе Ирины Дубцовой «Главное – Семья»

Чуть не спалили дом и скупили весь сельский магазин: семья Джигана продолжила адаптироваться к деревенской жизни в новом выпуске шоу «Большое переселение» на ТНТ


«Он долго будет править». Борис Беккер — о лидерстве Янника Синнера в рейтинге ATP

Скандальное поражение «Барселоны», Синнер обыграл де Минора. Главное к утру

Карлос Алькарас заболел простудой перед стартовым матчем Итогового чемпионата ATP

Роковой форхенд: Рублёв четырежды взял свою подачу под ноль, но уступил Звереву на старте Итогового турнира ATP



Семья из Пермского края победила в конкурсе Ирины Дубцовой «Главное – Семья»

Семья из Пермского края победила в конкурсе Ирины Дубцовой «Главное – Семья»

Семья из Пермского края победила в конкурсе Ирины Дубцовой «Главное – Семья»

Заместитель управляющего Отделением Фонда пенсионного и социального страхования Российской Федерации по г. Москве и Московской области Алексей Путин: «Клиентоцентричность - наш приоритет»


Молодежный форум «Команда 29: объединяя Россию» готовится принять участников

Казанский "Зенит" выходит в полуфинал Кубка России по волейболу

Собянин подвел итоги четырехлетней работы платформы «Электронный дом»

Семья из Пермского края победила в конкурсе Ирины Дубцовой «Главное – Семья»


Подземный уход: дело о смертельной экскурсии по Неглинке дошло до суда

Потеряла сына в реальной жизни и выплеснула боль на сцене: новая роль Ирины Безруковой

Россиян предостерегли от лечения аспирином

Слов Роснефти мало? Западные СМИ продолжают обсуждать слияние Роснефти с ЛУКОЙЛом и Газпром нефтью



Путин в России и мире






Персональные новости Russian.city
Александр Градский

Последняя жена Градского недовольна результатами раздела имущества композитора



News Every Day

When I was 11, I made a friend who changed the trajectory of my life. She inspired me to go to college and try harder.




Friends of Today24

Музыкальные новости

Персональные новости