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Poor Households Earning $13K Per Year Spend Over $1K On Lottery Tickets
Ms Sans Serif
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[quote:BRIEF:MV8yMDY2MTAxXzM0NzY5OTc0X0MzQzg2QUY2] [quote:Anonymous Coward 26223460:MV8yMDY2MTAxXzM0NzY3NTk1X0MzODlGOUI5] [quote:BRIEF:MV8yMDY2MTAxXzM0NzYyNTc5XzYzNjI2ODJF] Poor people do poor people things, rich people do rich people things... Poor people use the lottery as a retirement plan, rich people save and invest... [/quote] Yes but the result is the same, or haven't you been watching the economy [/quote] Well, I'm but one person...I like to think I'm making a difference...I mean, I know I am, one family at a time, but on a large scale it's insignificant. It may be a losing battle, but I won't give up counseling people to help them get out of debt and start making good decisions with money. [/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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