I think people understand the odds are small. However, perhaps they perceive their chances of meaningfully turn around their life in other ways have even smaller odds. i.e. improbable vs actually impossible. At least the lottery doesn't care about your current circumstance and everyone has an equal (equally small) chance. Secondly, because everyone realizes the chances are small, the real product being sold is Hope.…
> At least the lottery doesn't care about your current circumstance and everyone has an equal (equally small) chance. Not really true. If you have more money you can buy more tickets which leads to higher— or even certain —odds. https://www.iflscience.com/how-a-man-won-the-lottery-14-time...
I don't think there are any lotteries with that feature. You can guarantee that you win, but you still won't have certain odds because the payout isn't guaranteed.