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Republish our articles for free, online or in print, under Creative Commons licence. People claim the great Australian dream is home ownership. Ever since I was a kid, one question has popped up around the kitchen table, at the pub, over coffee, and even in bed: Recently the dream took a bizarre twist as we followed the story of a seemingly average bloke in Victoria who collected money from his mates for years to run a syndicatebuying dream-rich lottery tickets. Last year, he apparently quit work quite suddenly, bought a big house and a fast car and began a life of luxury.

His mates became suspicious. He initially claimed his windfall was an inheritance. They went to court. It began in when a Sydney publican ran a sweep on the Sydney Cup. His name was George Adams. A horse called Progress won that year, but the real winner was George. He went on to found what we now call the Tatts Group.

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That Australians like to gamble is obvious. Some run into trouble — problem gambling affects about half a million Australians. Although buying lottery tickets can occasionally stray into the problem gambling arena, it is rare.

The odds of winning the top prize in TattsLotto with one game are about one in eight million. The odds in Powerball are about one in 77 million. But how many winners do you know? But believe we do — every week. Wealth, travel, comfort, privileges… a worry-free existence. Winning TattsLotto represents life on easy street.

Fortunately, this is the exception not the rule. Not surprisingly, most people who win a lottery or have any big financial windfall have better overall mental health afterwards — meaning less episodes of depression and anxiety.

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When you ask people about their level of happiness, they report a short period of euphoria after the win, but over time their happiness returns to their pre-wealth level! As for the dream of leaving your job and living on a beautiful island surrounded by staff… No.

one thing that actually

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Most people stay in the same area and many continue to work in the same job. They just spend more. Similarly, for their general health, there is no big effect one way or the other. Research suggests the benefits of a lottery win are offset by increased drinking and smoking. Or buy shares in the companies that run the lotteries? The only consistent winners of these games are the so-called Tattersalls heirs.

After George Adams died childless inhe left the company to a range of employees and a few politicians. Throughout the century, the shares passed through various wills and when the company went public inabout 2, Tattersalls heirs reaped the rewards. Gambling is just a small driver of lotteries.

To be honest, like most human behaviours, nobody really knows. My money is on the hope idea. Buying a TattsLotto ticket buys you a little bit of hope. You get to imagine life unencumbered by financial constraints. A small price to pay. YorkTalks — York, York.

Social Personhood — Manchester, Manchester. The true language of religion — Egham, Surrey. Available editions United Kingdom.

Does the dream match reality? Occasionally, there are reports that winning the lottery will herald bad outcomes.

So why do we buy lottery tickets? Help combat alt-facts and fake news and donate to independent journalism. Social Personhood — Manchester, Manchester Poetry: The true language of religion — Egham, Surrey More events. Expert Database Find experts with knowledge in: Follow us on social media.

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