Why Play A Losing Game? Study Uncovers Why Low-income People Buy Lottery Tickets

Although state lotteries, on average, return just 53 cents for every dollar spent on a ticket, people continue to pour money into them -- especially low-income people, who spend a greater percentage of their incomes on lottery tickets than the wealthier segments of society. A new study points to income as an influential factor in the decision to invest in a product that provides poor returns.

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