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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 2849260:MV8yMDY2MTAxXzM0NzY2ODI3XzdFMTdCNTY4] 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. [/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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