Poor Households Earning $13K Per Year Spend Over $1K On Lottery Tickets | |
Hitokiri User ID: 5411475 United States 11/29/2012 03:06 PM Report Abusive Post Report Copyright Violation | You might be poor if... Quoting: BRIEF You rent your furniture. You play the lottery. You buy cheap Chinese crap from Wal-Mart. You spend more on bailing wire and duct tape than it would cost to replace your leaky tail pipe. Your TV is bigger than your dinning room table. You have ever uttered the phrase "My Obamaphone". If you price shop on the 20th and tell them you'll be in on the first... If you wear pajamas to the grocery store. "We learn from history that we learn nothing from history." - George Bernard Shaw |
Fatstogie User ID: 28243139 United States 11/29/2012 03:07 PM Report Abusive Post Report Copyright Violation | And for the rich too stupid to understand. What this means is people do not value money. Because money has no motherfucking value. This isnt something to poke fun at them. it is the reason why all the money you have will become useless. youll thank them later. All those acorns youre hoarding? Arent real acorns anyway. |
BRIEF User ID: 381742 United States 11/29/2012 03:07 PM Report Abusive Post Report Copyright Violation | You might be poor if... Quoting: BRIEF You rent your furniture. You play the lottery. You buy cheap Chinese crap from Wal-Mart. You spend more on bailing wire and duct tape than it would cost to replace your leaky tail pipe. Your TV is bigger than your dinning room table. You have ever uttered the phrase "My Obamaphone". If you price shop on the 20th and tell them you'll be in on the first... LOL, I don't even know what that means. Welfare checks are deposited on the first of each month, so when they need to purchase a product or service they call around to see who is the cheapest and then tell the merchant they will be in on the first to buy the product... I never forgive and I never forget I am a licensed firearm holder. I will, under protection of law, use lethal force if attacked. |
Hitokiri User ID: 5411475 United States 11/29/2012 03:08 PM Report Abusive Post Report Copyright Violation | |
BRIEF User ID: 381742 United States 11/29/2012 03:10 PM Report Abusive Post Report Copyright Violation | perhaps the chance of winning the lottery is the only happiness that they get. it allows their imagination to go wild Quoting: Tic-Toc- Nah, they fuck and watch tv for entertainment...in fact everything they do is for entertainment...unless they actually have a job, then they bitch and moan while they do as little as possible to keep from getting fired, and then they pursue pleasures after work... I never forgive and I never forget I am a licensed firearm holder. I will, under protection of law, use lethal force if attacked. |
Anonymous Coward User ID: 28715691 United States 11/29/2012 03:10 PM Report Abusive Post Report Copyright Violation | |
dookie stain User ID: 1404507 United States 11/29/2012 03:10 PM Report Abusive Post Report Copyright Violation | After "check day" the bodegas in the hoods look like casinos with all the scratch off gamblers....coincidence? I think not....its kinda funny too....instead of buying a bunch of tickets and going home they buy and scratch them one at a time in the bodega...the floor is littered with tickets and the regulars suck on 40ozer while playing....ghettoan culture.... |
Anonymous Coward User ID: 28692878 United States 11/29/2012 03:12 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 23943453 United States 11/29/2012 03:12 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 1550123 United States 11/29/2012 03:13 PM Report Abusive Post Report Copyright Violation | perhaps the chance of winning the lottery is the only happiness that they get. it allows their imagination to go wild Quoting: Tic-Toc- Nah, they fuck and watch tv for entertainment...in fact everything they do is for entertainment...unless they actually have a job, then they bitch and moan while they do as little as possible to keep from getting fired, and then they pursue pleasures after work... guess they have it figured out. they hardly work and get food stamps, almost free housing, free medical and many other handouts. no wonder they have money to blow. guess they figure the ones working so hard paying for stuff for others are the stupid ones. <sigh> |
Anonymous Coward User ID: 25915094 United States 11/29/2012 03:15 PM Report Abusive Post Report Copyright Violation | |
heyohut User ID: 14652484 United States 11/29/2012 03:16 PM Report Abusive Post Report Copyright Violation | |
BRIEF User ID: 381742 United States 11/29/2012 03:20 PM Report Abusive Post Report Copyright Violation | perhaps the chance of winning the lottery is the only happiness that they get. it allows their imagination to go wild Quoting: Tic-Toc- Nah, they fuck and watch tv for entertainment...in fact everything they do is for entertainment...unless they actually have a job, then they bitch and moan while they do as little as possible to keep from getting fired, and then they pursue pleasures after work... guess they have it figured out. they hardly work and get food stamps, almost free housing, free medical and many other handouts. no wonder they have money to blow. guess they figure the ones working so hard paying for stuff for others are the stupid ones. <sigh> No, they are unfulfilled and miserable...fun is not happiness and poor people are selfish, always looking for the next item to make them "happy" as soon as they can afford it... They will be the fist to go crazy when the system can't collect enough taxes to give them handouts any longer, they have nothing to fall back on... I never forgive and I never forget I am a licensed firearm holder. I will, under protection of law, use lethal force if attacked. |
Anonymous Coward User ID: 7570540 United States 11/29/2012 03:22 PM Report Abusive Post Report Copyright Violation | Most of them want something for nothing and are lazy. They go to school and piss away their opportunities and graduate (if they go that far) at the bottom of their class. They have kids early and cannot afford them. They get no training and end up working at dead-end minimum wage jobs. Then, rather than feeding their kids, they are hoping for that one big score. But, you cannot make the stupid smart by outlawing the lottery. Hey, their money helps to fund my kids GA Tech engineering degrees so they can spend as much as they want and it's OK by me. |
Anonymous Coward User ID: 1550123 United States 11/29/2012 03:27 PM Report Abusive Post Report Copyright Violation | perhaps the chance of winning the lottery is the only happiness that they get. it allows their imagination to go wild Quoting: Tic-Toc- Nah, they fuck and watch tv for entertainment...in fact everything they do is for entertainment...unless they actually have a job, then they bitch and moan while they do as little as possible to keep from getting fired, and then they pursue pleasures after work... guess they have it figured out. they hardly work and get food stamps, almost free housing, free medical and many other handouts. no wonder they have money to blow. guess they figure the ones working so hard paying for stuff for others are the stupid ones. <sigh> No, they are unfulfilled and miserable...fun is not happiness and poor people are selfish, always looking for the next item to make them "happy" as soon as they can afford it... They will be the fist to go crazy when the system can't collect enough taxes to give them handouts any longer, they have nothing to fall back on... True, I have a 'friend'(i was one to her but not the other way around) who has got the give me/entitlement mentality now and I can't stand to be around her. She use to be a hard worker then got 'fibromyalgia' which then got her on disability. Now she is lazy and thinks people should feel sorry for her and give her what she wants. It really becomes a sickness. She has made herself mentally ill with her sick thinking. It really is a shame. |
Anonymous Coward User ID: 28226020 United States 11/29/2012 03:30 PM Report Abusive Post Report Copyright Violation | I offered to cut my nieghbors 15foot hedge that lines his entire yard, it took me almost a week to finish it and clean up the mess. He paid me 300$, I went to dinner that night and put 10$ down on keno and won 5000$. It was the answer to everything at the time and I would have been screwed financially now had I not won. So just because you haven't won doesn't mean that people are not winning, you just have bad luck the 10$ risk was worth it at the time. Also since we are making generalizations about people here in this thread, i've found that most rich people I've met are just tightwads and typically extremely narassitic, lacking any empathy for their fellow man. Rich financially and completly devoid of any moral value. But each to his own, if you like collecting a bunch of green paper that has no real value in the end, then more power to you. Just remember you can't take it with you when you go, and your kids will end up hating each other fighting over what's left. |
Anonymous Coward User ID: 1550123 United States 11/29/2012 03:39 PM Report Abusive Post Report Copyright Violation | Last year I was out of work and having a hard time finding a job. Quoting: Anonymous Coward 28226020 I offered to cut my nieghbors 15foot hedge that lines his entire yard, it took me almost a week to finish it and clean up the mess. He paid me 300$, I went to dinner that night and put 10$ down on keno and won 5000$. It was the answer to everything at the time and I would have been screwed financially now had I not won. So just because you haven't won doesn't mean that people are not winning, you just have bad luck the 10$ risk was worth it at the time. Also since we are making generalizations about people here in this thread, i've found that most rich people I've met are just tightwads and typically extremely narassitic, lacking any empathy for their fellow man. Rich financially and completly devoid of any moral value. But each to his own, if you like collecting a bunch of green paper that has no real value in the end, then more power to you. Just remember you can't take it with you when you go, and your kids will end up hating each other fighting over what's left. If you earn the money yourself who cares what the person is like. They can be as selfish or giving as they want. It is the people who 'steal' from others because they are lazy and don't want to work I have a problem with. I have no problem helping out people who are trying to find work or who are working poor and need a break. |
Copperhead User ID: 24964643 United States 11/29/2012 04:06 PM Report Abusive Post Report Copyright Violation | Last year I was out of work and having a hard time finding a job. Quoting: Anonymous Coward 28226020 I offered to cut my nieghbors 15foot hedge that lines his entire yard, it took me almost a week to finish it and clean up the mess. He paid me 300$, I went to dinner that night and put 10$ down on keno and won 5000$. It was the answer to everything at the time and I would have been screwed financially now had I not won. So just because you haven't won doesn't mean that people are not winning, you just have bad luck the 10$ risk was worth it at the time. Also since we are making generalizations about people here in this thread, i've found that most rich people I've met are just tightwads and typically extremely narassitic, lacking any empathy for their fellow man. Rich financially and completly devoid of any moral value. But each to his own, if you like collecting a bunch of green paper that has no real value in the end, then more power to you. Just remember you can't take it with you when you go, and your kids will end up hating each other fighting over what's left. I bet the odds of winning $5000 from Keno were not 175000000 to one. I'm glad that green paper you won helped you out. |
Kirk User ID: 25384388 United States 11/29/2012 04:23 PM Report Abusive Post Report Copyright Violation | States across the nation rely on poor suckers to fund their spending. No, we’re not talking about taxpayers – we’re talking about lottery ticket purchasers. According to new studies, households earning $13,000 per year spend almost $1,170 per year on lottery tickets – 9 percent of total income. As it turns out, many people living in poverty make poor financial decisions. Quoting: mathetes [link to www.breitbart.com] A big win is a poor persons ONLY chance at escaping their situation in life. Government is a body largely ungoverned. |
BRIEF User ID: 381742 United States 11/29/2012 04:35 PM Report Abusive Post Report Copyright Violation | States across the nation rely on poor suckers to fund their spending. No, we’re not talking about taxpayers – we’re talking about lottery ticket purchasers. According to new studies, households earning $13,000 per year spend almost $1,170 per year on lottery tickets – 9 percent of total income. As it turns out, many people living in poverty make poor financial decisions. Quoting: mathetes [link to www.breitbart.com] A big win is a poor persons ONLY chance at escaping their situation in life. That's bullshit...they need to change their thinking and poor habits and they can climb out of poverty...it's just easier to throw your hands up and say fuck it I'll just play the lottery... I never forgive and I never forget I am a licensed firearm holder. I will, under protection of law, use lethal force if attacked. |
Anonymous Coward User ID: 28733797 United States 11/29/2012 04:46 PM Report Abusive Post Report Copyright Violation | The actual article is Myopic Risk seeking: the impact of narrow decision bracketing on lottery play. [link to sds.hss.cmu.edu] This study was not trying to find out what percent of the poor bought lottery tickets, and there is not any info about households less than 13,000 buying 9% of their income in tickets , but they do mention several papers on lottery statistics offhand, it's possible one of these papers has the statistic, not so far I've been unable to find it. The closest is this line "Approximately 50% of households with an income less than $25,000 play the lottery, and among the households that play, the annual per capital expenditure is upwards of $550 (Clotfelter et al. 1999)" but it's not clear if the $550 is the average for all Household or, only those of 25,000 and lower. Still it's not 9%, especially if you remember that 50% of the poor do not play at all. One paper on lottery statistics says that the annual amount spent on lottery tickets broken down by income brackets doesn't vary much, from $125-$145. Of course this means lower income brackets use a higher percentage of their income, but that's a given for anything the poor purchase. I also found several blog posts pointing to the 2008 journal article in Risk and Uncertainty, saying it says the same thing that the PBS douchebag did when it in fact does not, so these "journalists" are not checking source, including the schmuck from PBS |
Major_Pane User ID: 28733797 United States 11/29/2012 04:50 PM Report Abusive Post Report Copyright Violation | They are investing a certain sum of money in a high risk, but high payoff investment portfolio. I guess what they mean is when poor people do this, they are wasting their money on get-rich-quick schemes, but when millionaire venture capitalists do it, they are Industrial Giants. |
ParallaxPam User ID: 15366249 United States 11/29/2012 04:54 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 19442819 United States 11/29/2012 04:56 PM Report Abusive Post Report Copyright Violation | When state budgets are coming up short, they can manipulate the PB numbers. Two times this year the PB has reach well over 400mil. Look at the past years, nothing compares. But try to find out how much money PB tickets sales generated yesterday alone, when only a very small percentage went into the jackpot. So the state divvy up the amount taken in, yet cry because they claim no money. They are allow to lie and manipulate to make the numbers work in their favor and it is legal. Yet they keep everything hush, hush. Really makes one wonder who is taking from the kitty? |
ParallaxPam User ID: 15366249 United States 11/29/2012 05:00 PM Report Abusive Post Report Copyright Violation | Last year I was out of work and having a hard time finding a job. Quoting: Anonymous Coward 28226020 I offered to cut my nieghbors 15foot hedge that lines his entire yard, it took me almost a week to finish it and clean up the mess. He paid me 300$, I went to dinner that night and put 10$ down on keno and won 5000$. It was the answer to everything at the time and I would have been screwed financially now had I not won. So just because you haven't won doesn't mean that people are not winning, you just have bad luck the 10$ risk was worth it at the time. Also since we are making generalizations about people here in this thread, i've found that most rich people I've met are just tightwads and typically extremely narassitic, lacking any empathy for their fellow man. Rich financially and completly devoid of any moral value. But each to his own, if you like collecting a bunch of green paper that has no real value in the end, then more power to you. Just remember you can't take it with you when you go, and your kids will end up hating each other fighting over what's left. yeah...things happen when they need to. My parents won the Kansas State Lottery several years back. It was only 60K and they ended up with 48K after taxes but it was enough at the time for them to pay off all debt and allow my dad to take the early retirement deal American Airlines was offering. Shortly after that (a couple of months) the house next door to mine was put up for sale. It was basically my parents dream house. They bought it and moved in. A year later my dad died from some inexplicable sudden illness at only 65. Lottery curse? IDK. |
geminilion User ID: 12895036 United States 11/29/2012 05:03 PM Report Abusive Post Report Copyright Violation | I had some running around to do and lo and behold..there she was scratching off lottery tickets. I told her if it's a winner she owes me a buck. She just glared at me like she wanted to kill me. ..."The soul is dyed the color of its thoughts. Think only on those things that are in line with your principles and can bear the light of day. The content of your character is your choice. Day by day, what you choose, what you think, and what you do is who you become. Your integrity is your destiny ... it is the light that guides your way." Heraclitus |
snark Forum Administrator User ID: 27313445 United States 11/29/2012 05:20 PM Report Abusive Post Report Copyright Violation | It is so annoying when there is only one cashier line at the gas station and some fool is trying to buy, or worse- cash in, lottery tix. UGH. Takes forever. The worst part is if they win ANYTHING they are hooked. T For Texas, T For Tennessee! The virtue of courage is a prerequisite for the practice of all other virtues, because otherwise one is virtuous only when virtue has no cost. There are times when something needs to be done, and yet we know that if we step up and do this needful thing, we will pay a heavy personal price. -C.S. Lewis |
Joker User ID: 1437768 United States 11/29/2012 05:33 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 2849260 United States 11/29/2012 05:34 PM Report Abusive Post Report Copyright Violation | guess they have it figured out. they hardly work and get food stamps, almost free housing, free medical and many other handouts. no wonder they have money to blow. guess they figure the ones working so hard paying for stuff for others are the stupid ones. <sigh> You'd probably do the same if you knew you could support your family better with the assistance you received than with a minimum paying job. I actually know of someone who chose that route for exactly those reasons! It was only temporarily though until she re-married. Maybe it's time to re-think minimum wages. But then again, the rich people wouldn't be so rich anymore if they had to put some of their profits back into the people responsible for making them rich in the first place. |
Anonymous Coward User ID: 26223460 Australia 11/29/2012 06:11 PM Report Abusive Post Report Copyright Violation | |