Exactly. For better or worse, and whether or not people realize that we have basically inherited and mutated the English class system, except instead of being defined by your birth lineage, it's now defined by how much money you have. I guess you could call that egalitarian in the way that the British call their private schools, "public schools", meaning that anyone with an adequate amount of money is allowed to attend them.
People find the dream of hitting the jackpot far more appealing than creating a genuinely classless society.