This blog post from WalletPop.com outlines the reasons why people on low-incomes spend so much on lottery tickets: the hype about big jackpots, the ritual of playing and the fact that many people believe that playing the lottery is best way to achieve financial security.
“Beaten By The Odds: Gambling With Your Future” | AARP Bulletin
May 1, 2026
By John Rosengren “With new forms of gambling booming in America, some retirees are going bust.” BUL_MAY-JUN_2026