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Friday, December 09, 2022

Australian gambling experts talk the downside of lottery winnings

Australia keeps its name in the gambling news cycle with another lottery win in the Goldfields-Esperance area – perhaps that’s where the “gold” in the name comes from.

Kalgoorlie – Boulder Conquerors Abundant

News about winning the lottery often makes big headlines, but they rarely lead to an in-depth analysis of what winning really means for those who win. Central Queensland University gambling behavior expert and Associate Professor Alex Russell attempts to explain how lottery winnings can dramatically change life’s circumstances for the worse.

In an interview with ABC, Russell offered his breakdown into the effects of gambling winnings that often remain hidden from the general public. His remarks came when he saw a news report about 250 Kalgoorlie citizens who had won $63 million, which was reduced to about $250,000 each. Reporters were swayed to see how the winners’ lives were turned.

Winning the Lottery: Less Fantastic Than You Think

“Australia is a bit unusual in our relationship with gambling compared to the rest of the world,” Russell said.

And perhaps they mean that Australians have consistently been ranked the world’s highest per capita gambler. That, and the fact that there are pokeys in pubs and clubs all over the country.

At any rate, gambling is certainly a popular topic in Land Down Under. It is no surprise, then, that gambling-related problems are also a hot topic. Lottery winners who lost it all are a popular pursuit around the world, but Australia is also causing its own problems.

In the words of Russell and his quotable words: “There is often a curse that goes into winning the lottery.”

The curse, as explained by Russell, is that peer pressure from friends and family to share the spoils also builds on more complex internal psychological processes. All this external pressure and internal reactions are affecting the winner and those around him. It says nothing about how winning and lottery winning coverage affects society.

Russell also made a comment about this, saying that “we need to remember that most people who are losing – and losing a lot of money – and those who are losing are of lower socio-economic status.” There are people.” In fact, positive coverage of a positive event leads to an overall negative outcome that often involves forgetting that a winner’s success came at the expense of another person, Russell argues, adding: “I think That it normalizes or even glamorizes winning and we forget how much everyone is paying to lose.”

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According to Russell’s own words, the best-case scenario is that it’s okay for people to gamble, but only “if you’re not expecting to win.” This makes a lot of sense because coverage of lottery winnings can distract people from everyday negativity. Russell cautions that “this is a very regressive form of raising funds.”

However, positive win coverage is essential after a huge amount has fallen and the stats, smiles and smiles on the winner’s face are all eyes. This can of course distort the public perception of gambling and its social implications, so it would only do well to remind people to gamble if people can afford it and erode the idea of ​​it being a good investment option. The biggest question is, though — do you think Russell sometimes makes those scratches rough or not?

Despite this, people in Australia continue to spend money on lottery tickets. In fact, a Boulder newsagent managed to sell another winning ticket earlier this week, with the lucky punter claiming $1 million. News and Lotto owner Mike Saville said he could not reveal the name of the winner, but he confirmed that the winner is most likely to be a local.

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