Wednesday, June 25, 2008

Lottery Factoid

Twenty percent of Americans are frequent players, spending about $60 billion a year. The spending is starkly regressive. A household with income under $13,000 spends, on average, $645 a year on lottery tickets, about 9 percent of all income.
That is from an op-ed piece in the New York Times about how American society has split in the investor class and the lottery class.

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