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Poor Households Earning $13K Per Year Spend Over $1K On Lottery Tickets
Ms Sans Serif
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[quote:Anonymous Coward 1283316:MV8yMDY2MTAxXzM0NzYyNTQ4XzNGNDgwQjdC] Lotteries, along with cigarette and liquor taxes to a lesser extent are mechanisms by which the government gets the welfare money back. And it's working. [/quote]
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.
link to www.breitbart.com
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