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.
“Stock market casino: the rising stakes of ‘gamified’ investing” | Financial Times
By Stephanie Stacey As investment sites and prediction markets merge, investors are more vulnerable than ever. Retail trading platforms like