People Earning Less Than $13,000 spend 9% Of Income On?

29 Nov 2012 12:26 #41 by The Boss

Heisenberg wrote:

bailey bud wrote: So - if businesses exploit people ---- baaaaad ----

But if government exploits people ---- none of your damn business.
(after all - government could never do anything harmful - right?)

Love the asymmetries, here.

:yeahthat:


I think your responses are following the assumption that LJ is opposed to private lotteries (which would obviously be regulated), like casino games, being more common or perhaps a right if people met certain min qualifications. I am not sure she said she was opposed, I think she was just stressing that no one was making them do anything and that most people she is usually arguing with here want people to be allowed to allocate their money even more than her, so what's the problem? I could be off...she can correct me.

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29 Nov 2012 14:11 #42 by Local_Historian
*Pets all the pretty generalizations and walks away*

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29 Nov 2012 14:46 #43 by Soulshiner
Link please. I wonder how they determine this when no one asks you how much you make a year when you buy a lottery ticket.

When you plant ice you're going to harvest wind. - Robert Hunter

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29 Nov 2012 15:18 #44 by Grady
A quick search found this, while it didn't seem to have actual numbers I think the facts are there.

For the race/ethnicity category, participation rates are nearly identical across groups. However, average spending by blacks who play is much larger than for other categories, and hence per capita spending by blacks is higher than for other categories. …spending by players drops sharply as we move up through the education categories. The result is that the education category with the highest per capita spending is those who did not complete high school, and the college graduates have the lowest. With respect to household income, we see that participation rates increase up to $100,000. But players with incomes less than $50,000 spend more than others, and the lower income categories have the highest per capita spending….Hence lottery expenditures represent a much larger burden on the household budget for those with low incomes than for those with high incomes.

[urlhttp://squaringtheglobe.blogspot.com/2007/02/demographics-of-lottery-players-whose.html]Boston Globe[/url]

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