This week we witnessed the drawing of the
largest Powerball jackpot in United States history. In total, 635 million tickets were sold in the
hopes of taking home the $1.58 BILLION jackpot. I am sure that I was not the
only one who spent this week wishfully dreaming of the infinite ways all that
money could be spent. We can get so caught up in our rich fantasies that we
often forget that the odds of winning, 1 in 292,000,000, are ridiculously improbable.
Just for a comparison, you are more likely to died from a vending machine
accident(1 in 112 million). Nevertheless, we are still allowed to dream; and
that is what makes the lottery so successful. It's always fun to think of what
it would be like to instantly win big. And in this technological age we live in
today, many took to social media with their thoughts on the lottery. Amongst
the several annoying "I will split my winnings with everyone who shares
this picture" posts, this picture appeared in my newsfeed:

Now at first glance this may seem like a
genuine idea to solve the very serious issue of poverty in the country. The
lottery is a lot of money and it could be used in better ways. I get that. Unfortunately
I have a big problem with this post. IT IS COMPLETELY WRONG!!!
First
off, the math itself is actually incorrect! $1.2 billion divided by 300,000,000
Americans is not $4.33 million per person. As a matter of fact, it is only $4.33;
just a slight difference. Giving
everyone in America 4 bucks would be nice, but it is not the same as
$4,000,000! How much would it cost to actually give everybody $4 million?
$1,200,000,000,000,000! (that’s $1.2 quadrillion by the way.) So yeah, just a
little different.
Additionally,
if ridiculously incorrect math isn't enough to discredit this post, giving
everybody $4 million would not solve poverty to the extent that many people
think it would. Sure everybody would be $4 million richer, but costs of goods would
also increase to adjust to the economic status of the country. While it might
make a slight difference, it would not signify the end of poverty forever.
This
post was shared all over Facebook and other social media sites. Some of its
popularity was the result of the glaring mathematical error, but there were also
many people who shared it to express their support for this idea. For me, this
was an example of how many people can be so blind when it comes to supporting a
good cause. There are many people in America that read that, saw "$4.33 million
per person" and "poverty solved!", and instantly supported it
and share it with the #ShareThis. Solving poverty is without a doubt a serious issue,
but it becomes a problem when people start supporting outrageous ideas without
understanding the details and costs behind them. It is socially accepted that equality
and helping others is the right thing to do. Not a bad thing either. However, this
leads many uninformed people to blindly follow ideas and plans simply to
support "the right thing to do". A theoretical idea that supports
these socially accepted values will gain great amounts of support. Unfortunately,
not every supporter of this amazing plan will take the time to actually
understand the details and costs of the idea. The idea might not necessarily be
a horrible one, and it probably supports an important issue. But just like with
the wonderful lottery idea, giving everybody what they want might actually cost
a lot more than people tell you.