Amazing: The Poorest Households Spend 9% of Their Income on Lottery Tickets - Derek Thompson - Business - The Atlantic: "The Mega Millions jackpot makes this the week to talk about lottery economics, so here's a whopper: Households earning less than $13,000 a year spend a shocking 9% of their money on lottery tickets, Henry Blodget relays from a PBS report.* Are they clueless? Are they desperate? Are they economical? Maybe, probably, and possibly."
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