Articles

Poor People Spend 9% of Income on Lottery Tickets

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.

Poor People Spend 9 Percent of Income on Lottery Tickets

recent Articles

“Springfield business owners say MGM casino, falling short of expectations, has been no jackpot” | Mass Live

September 23, 2026

By Stephanie Barry Springfield business owners report that the MGM casino has fallen far short of expectations, delivering significantly fewer

“Over a dozen states ban this kind of sports wager — except when they don’t” | Capital News Service Maryland

September 23, 2026

By Cat Murphy A regulatory loophole allows daily fantasy sports platforms to offer prop-style “pick ’em” contests on individual college

“The World Cup has a gambling problem” | Deseret News

September 10, 2026

By Ethan Bauer Overshadowed by the Spain-Argentina final, rampant betting advertisements cast a dark shadow of their own. Click here

“New York City Launches Sweeping Investigation Into Polymarket and Kalshi” | The Wall Street Journal

August 12, 2026

By Kevin T. Dugan, Katherine Long “The New York City Council is investigating four prediction markets for alleged deceptive marketing