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The Lottery Wars: Long Odds, Fast Money, and the Battle Over an American Institution
 
 
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The Lottery Wars: Long Odds, Fast Money, and the Battle Over an American Institution [Hardcover]

Matthew Sweeney (Author)
3.5 out of 5 stars  See all reviews (4 customer reviews)

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Book Description

March 3, 2009
The story behind the American lottery: gambling, lawsuits, corruption, moralizing, financial ruin, and more gambling.

Despite the infinitesimal odds, more than half of Americans admit to playing the lottery. We wait on long lines and give up our coffee breaks. We scratch tickets, win, and spend the winnings on more scratch tickets. We play our “lucky” numbers, week in and week out.
 
In a country where gambling is largely illegal, this is a strange state of affairs. Lotteries kept the Jamestown settlers alive, despite misgivings from the throne of England. After centuries of a love-hate relationship with the public and the government, including a nationwide ban, forty-two states and the nation’s capital now encourage lottery gambling in the name of school kids and senior citizens. T he lotteries have succeeded despite opposition from an odd pairing of the religious right and liberal opponents, who claim the government ought not be in the business of promoting long-odds jackpots to the poor or gullible.

Why do we play this game that brings few rewards and leaves us rifling through the garbage for the ticket we swear would be a winner? How has this game persisted, even flourished, against so many obstacles?

In this perceptive, compulsively readable book, Matthew Sweeney gives a history of the American lottery, stopping along the way to give us the bizarre—and sometimes tragic—stories that it makes possible: the five-million-dollar miracle man who became a penniless preacher, investing in a crackpot energy scheme; the senator whose untimely injury allowed the lottery to pass into law in his home state; and many others.

Written with insight and wit, The Lottery Wars gives us the people and the stories that built a nationwide institution, for better or worse.

Frequently Bought Together

Customers buy this book with Selling Hope: State Lotteries in America (National Bureau of Economic Research Bill) $32.50

The Lottery Wars: Long Odds, Fast Money, and the Battle Over an American Institution + Selling Hope: State Lotteries in America (National Bureau of Economic Research Bill)


Editorial Reviews

Review

“Illuminating…pithy…poignant…a richly informed account.”—Wall Street Journal

 

“Although the book is a fairly short read, it is also a pleasure: a non-polemical, fact-filled encounter with a kaleidoscopic view of the lottery…a very strong book.”—San Francisco Chronicle

 

“Sweeney compellingly maps the seedy history of this American pastime.”Mother Jones

 

The Lottery Wars is a cool, necessary, entertaining eye-opener. Despite what some preachers and politicians would have us believe, gambling has been integral to American progress since before the founding fathers were born. Beginning at Jamestown in 1612, Matthew Sweeney brings us right up to Powerball payouts and politics, helping us understand who we are.”—James McManus, author of Positively Fifth Street

 

“Short of throwing money from the backs of trains, lotteries are surely the least efficient means of wealth transmission known to man. The Lottery Wars is the fascinating and, at times, horrifying story of how this financial contraption, the relentless and cynical marketing of optimism, came to be such a big part of our culture. A wonderful book.”—Richard Hoffer, author of Jackpot Nation

 

“Matthew Sweeney gives us an insightful glimpse into the ethos and exploitation in America’s multi-billion-dollar lottery world. The psychology of hope and the tragedy of addiction meet head-on the greed of a state-sponsored racket. The Lottery Wars is an indictment of a system that preys on the poor and the hopeless under the auspices of community good. You will never again view a discarded “scratch” ticket as symbol of harmless entertainment.”—Sally Denton, author of Passion and Principle and The Money and the Power

About the Author

Matthew Sweeney is a journalist who has written for both the New York Times and the New York Post. He lives in Brooklyn.

Product Details

  • Hardcover: 304 pages
  • Publisher: Bloomsbury USA (March 3, 2009)
  • Language: English
  • ISBN-10: 1596913045
  • ISBN-13: 978-1596913042
  • Product Dimensions: 8.3 x 5.8 x 1.1 inches
  • Shipping Weight: 14.4 ounces (View shipping rates and policies)
  • Average Customer Review: 3.5 out of 5 stars  See all reviews (4 customer reviews)
  • Amazon Best Sellers Rank: #1,405,613 in Books (See Top 100 in Books)

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Customer Reviews

4 Reviews
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Average Customer Review
3.5 out of 5 stars (4 customer reviews)
 
 
 
 
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4 of 5 people found the following review helpful:
4.0 out of 5 stars Interesting and Educational!, March 13, 2009
This review is from: The Lottery Wars: Long Odds, Fast Money, and the Battle Over an American Institution (Hardcover)
More than half of Americans admit to playing the lottery, though that doesn't necessarily mean they are regulars. Lotteries have terrible odds - the worst are probably multi-state jackpots: 1 in 15 million. We spent $57 billion on lottery tickets in 2006; the average household spends $500/year - more than movies, videos, CDs, DVDs, and books combined. Thirty percent of those without a high school education say winning the lottery is an important strategy for building wealth. Yet, over half of American say they "strongly disapprove" of gambling.

Lotteries began funding America as early as colonial Jamestown. The "First Great Standing Lottery," held by the Virginia Company of London paid a London tailor 4,000 crowns in June 1612 - the first winner. Residual revenues covered the cost of shipping people and supplies to Jamestown. The Continental Congress enacted a lottery to fund Washington's army.

Private lotteries flourished in the 19th century, but eventually were banned by Congress for abuses. Now some states want to privatize their lotteries as a means of getting a quick up-front payment.

Forty-two states and the District of Columbia now sponsor lotteries in the name of helping education. Since the mid-1990s, lottery dollars have become less and less important to funding government - usually contributing 2% or less of revenues.
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1 of 1 people found the following review helpful:
4.0 out of 5 stars Keep your dollar and stop dreaming, August 20, 2009
This review is from: The Lottery Wars: Long Odds, Fast Money, and the Battle Over an American Institution (Hardcover)
"All you need is a dollar and a dream," a New York State lottery advertising campaign used to say. But had it promoted the odds of winning, might people have stopped dreaming and kept their dollars?

Journalist Matthew Sweeney's book THE LOTTERY WARS: LONG ODDS, FAST MONEY, AND THE BATTLE OVER AN AMERICAN INSTITUTION reveals the United States lottery's roots in its British colony days, when such raffles help finance the crown on American shores. As those who can't afford to lose are likeliest to wager, through two and a half centuries authorities ban the numbers game but later revive it as a way to raise revenue through means other than taxation, thus promoting the lure of financial windfall to the very individuals they should protect from such temptation. Those who want to place bets will be able to do so illegally should there be no state-sanctioned lottery, you may argue.

But, THE LOTTERY WARS asks, is organized crime advertising its numbers racket? People who can't afford to lose are not as likely to play the lottery without hearing, "All you need is a dollar and a dream." In fact, the book documents less gambling-related hardship in areas where one cannot legally bet on numbers. Making lotteries legal and creating the desire to play them need not go hand in hand.

Read THE LOTTERY WARS.
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4.0 out of 5 stars All Lawmakers Should Read, March 26, 2010
By 
J.S. (Bryant, AR) - See all my reviews
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This review is from: The Lottery Wars: Long Odds, Fast Money, and the Battle Over an American Institution (Hardcover)
Excellent background on the lottery. All lawmakers should read this book prior to voting in a state lottery.
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