Bloomberg - Are you a robot?

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Lower-income households spend a lot more playing the lottery, study suggests

 

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It’s not our fault they are dumb

Replacing the tax system with lotteries is in fact a good approach. Nobody really wants to pay taxes but some will want to play the lottery. Win-win situation.

If you're spending your money on the lotteries rather than investing or saving, you deserve to win but also to lose. It's not as if anyone was forced to play and pay. Nothing to see here. Move along.

You need only 1 ticket to win.

IT IS CALLED HOPE!!!

That's why gambling was illegal remember?

Duhhhhhhhhhhhhhhhhhhhhhh

lotteries are like a regressive tax on the poor and middle income groups

What can people do when they have very low salaries? Dont mention ' inflation'. Besides , they want to open a business but the bank rejects their projects. It is true that is a tax on poor people but what they are not losing is hope. A control is needed.

Lottieries should be banned. They are taxes on the poor. Turning many poor poorer while create a few super rich winners.

----- In My Opinion -- $$$ Spent On The Lottery Is Always Safer Bet Than $$$ Spent On Tax-Free Jesus --- Do You Really Think You Can Buy Your Way Into Heaven ? --- And Why In The Hell Does The Creator Of Heaven And Earth Need A Tax Exemption ?

Naturally! They are more in need of money, isn't it?

My dad always called it paying the poor tax

The one and only chance for those downtown.

Who wasted their money on this study? Not hard to know that when every time I fuel-up my vehicle there’s a line of lower-class waiting to buy lotto tickets.

Well, the american Dream is a myth... But, that hasn't diminished 'HOPE'.. because that is what the lottery is for many people. A lottery ticket is a 'Sliver of Hope' in a hopeless world.. Even if it's just a glimmer.

Lotteries are a regressive tax.

bloomberg is calling out pr0spector88

Townie 401k

Study finds that people in desperate situations look for quick remedies. Ya think

Low income households tend to make poorer financial decisions than their high income counterparts. Hence the reason they purchase more lottery tickets, and hence the reason they are low income.

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