this post was submitted on 12 Mar 2025

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Elon Musk’s Biographer Warns Billionaire Is ‘Going Mad’ Due To ‘Combination Of Depression, Drugs And Stress’ (in.mashable.com)

submitted 1 year ago by homesweethomeMrL@lemmy.world to c/news@lemmy.world

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I did not see this published outside of India. But not sure why. It’s all based on Xitter.

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[–] CurlyWurlies4All@slrpnk.net 32 points 1 year ago (4 children)

The idea that 70% of lottery winners lose all their winnings isn't true. It's based on a fake statistic.

The news loves to highlight the cases where that's true because it reinforces the cultural notion that wealth is tied to morality.

https://www.theguardian.com/commentisfree/2024/dec/21/belief-in-a-lottery-curse-is-comforting-but-winning-lots-of-money-does-make-you-happy

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[–] meyotch@slrpnk.net 10 points 1 year ago

Yeah that’s one if those truthy sayings that no one really looks into.

I completely agree the point of the lie is to convince poorer people that they aren’t good enough, smart enough to handle wealth.

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[–] Crazyslinkz@lemmy.world 5 points 1 year ago (1 child)

Everyone knows 50%of statistics are made up.

This is 100% true half the time because the internet.

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[–] homesweethomeMrL@lemmy.world [S] 4 points 1 year ago

Damn that’s messed up, yo.

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[–] Schmoo@slrpnk.net 4 points 1 year ago

This fact perfectly dismantles the idea of meritocracy, which is why the "lottery curse" lie is pushed by the wealthy. The lottery selects specifically for people who are prone to gambling and poor choices, and yet the majority do just fine with their winnings, because the truth is that wealth protects you from the consequences of your choices.

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[+] fossilesque@mander.xyz 4 points 1 year ago* (last edited 1 month ago)

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