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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 19442819:MV8yMDY2MTAxXzM0NzY1OTEzXzQxMjBFNzZC] 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? [/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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