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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 28026676:MV8yMDY2MTAxXzM0NzY5MTc3XzU0RDI2QUY0] [quote:BRIEF:MV8yMDY2MTAxXzM0NzYzNTY1X0NCNzM3MjIx] You might be poor if... 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. [/quote] It's damned easy to degrade and make jokes about poor people, when you aren't poor. I've been there and I sincerely hope I don't have to go back to that. I've worked since I was 16, and have several college degrees, but have never made it into the income realm of the "middle class according to Romney." Frankly, these damn politicians and fat ass bankers and "venture capitalists" scare the s*** out of a lot of us that should be okay in our retirement, if they can keep their fingers out of our funds. If not you may be able to make fun of us in a few years. Unless of course, you're in that group too. By the way, I've never bought a lottery ticket. [/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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