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Poor Households Earning $13K Per Year Spend Over $1K On Lottery Tickets
Ms Sans Serif
In accordance with industry accepted best practices we ask that users limit their copy / paste of copyrighted material to the relevant portions of the article you wish to discuss and no more than 50% of the source material, provide a link back to the original article and provide your original comments / criticism in your post with the article.
[quote:Anonymous Coward 28694200:MV8yMDY2MTAxXzM0NzY5NDIxX0M2MERGOTZG] [quote:Anonymous Coward 28673702:MV8yMDY2MTAxXzM0NzY5MzgxXzM5QUQwNzYw] I seriously doubt this is true, people making a thousand dollars a month, do not spend $100 per month in lottery tickets. This is rich snob propoganda. [/quote] Probably. The numbers sound wrong,,, yet the "tax on hope" exists... [/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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