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Topic:
I knew the lottery was a "poor" or "stupid tax" but this statistic staggers me [Locked] |
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Date Posted:
1/1/00 12:00am
Subject:
I knew the lottery was a "poor" or "stupid tax" but this statistic staggers me |
Yahoo posted:
A 2008 study from Journal of Risk and Uncertainty explained that households earning under $13,000 per year spend about 9 percent of their income on lottery tickets on average, or around $645 a year.
Holy crap, but people are dumb.
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"Goddammit, Swearengen, I don't trust you as far as I could th'ow you, but I enjoy the way you lie."
I don't typo often, but when I do, I blame Swype.
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Yukishiro1  Posts: 3,243
Registered: 2002-9-20 23:52:57
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Date Posted:
1/1/00 12:00am
Subject:
I knew the lottery was a "poor" or "stupid tax" but this statistic staggers me |
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It's enough to start making you believe that RWNs are at least a little bit right about poor people.
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Manegarm Title: European Imperialist Good Guy
Posts: 1,964
Registered: 2003-8-11 10:01:52
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Date Posted:
1/1/00 12:00am
Subject:
I knew the lottery was a "poor" or "stupid tax" but this statistic staggers me |
Hope is a terrible drug.
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Europa Eternita!
"Damn, Manegarm; you are HAWT!! " - Taolynn
"To the everlasting glory of the infantry, Shines the name Shines the name of Rodger Young"
ALWAYS ANGRY, ALL THE TIME!
Nein mann ich will noch nicht gehen
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Date Posted:
1/1/00 12:00am
Subject:
I knew the lottery was a "poor" or "stupid tax" but this statistic staggers me |
I wouldn't want to live in a world without hope.
-----signature-----
"Goddammit, Swearengen, I don't trust you as far as I could th'ow you, but I enjoy the way you lie."
I don't typo often, but when I do, I blame Swype.
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-Espiritu-  Posts: 269
Registered: 2004-11-29 18:27:00
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Date Posted:
1/1/00 12:00am
Subject:
I knew the lottery was a "poor" or "stupid tax" but this statistic staggers me |
it really isn't rocket science. Why do you think there are more and more casino's in our deteriorating central cities? They serve to recycle most of the social welfare transfer payments back into the government coffers. In Milwaukee the downtown casino has lines three deep at every slot machine after the gubmint checks come in.
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Espiritu - SWTOR (retired)
Espiritu (MajorMUD, UO, DAoC, SB, FFXI, WoW, WAR, Travian, SC2, SWTOR)
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Vydor  Posts: 248
Registered: 2001-12-24 21:14:09
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Date Posted:
1/1/00 12:00am
Subject:
I knew the lottery was a "poor" or "stupid tax" but this statistic staggers me |
Yeah, it seems like the people that can afford it the least play it the most.
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Never ascribe to malice, that which can be explained by incompetence.
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Date Posted:
1/1/00 12:00am
Subject:
I knew the lottery was a "poor" or "stupid tax" but this statistic staggers me |
If you invested that money for 30 years, you'd have a base of $20,000 more to retire on. Considering most of America only has $30,000 saved for retirement, I'd say that's a pretty hefty bump in your standard of living.
-----signature-----
"Goddammit, Swearengen, I don't trust you as far as I could th'ow you, but I enjoy the way you lie."
I don't typo often, but when I do, I blame Swype.
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Ashmaele Title: Pastor of Muppets
Posts: 1,809
Registered: 2002-1-15 08:30:50
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Date Posted:
1/1/00 12:00am
Subject:
I knew the lottery was a "poor" or "stupid tax" but this statistic staggers me |
Those people are actually better off than many of the ones who win
http://business.ezinemark.com/unhappy-stories-of-lottery-winners-77364e8f3aec.html
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I had a dream. It was an incredible dream. When I awoke, I had a huge mess to clean up.
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Groucho48  Posts: 821
Registered: 2003-10-22 03:00:14
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Date Posted:
1/1/00 12:00am
Subject:
I knew the lottery was a "poor" or "stupid tax" but this statistic staggers me |
Lotteries are an awful way for the government to raise money.
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“Science is like sex: sometimes something useful comes out, but that is not the reason we are doing it.†– Richard Feynman
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theredkay1 Posts: 611
Registered: 2008-5-16 10:37:09
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Date Posted:
1/1/00 12:00am
Subject:
I knew the lottery was a "poor" or "stupid tax" but this statistic staggers me |
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That seems unlikely.
This seems like an article thrown together quickly for the mega millions craze and I bet they misread a study as they quickly scanned it.
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