Saturday, January 10, 2009

A Look at the Lottery

An interesting article on America's fascination with the lottery. Check out some of these stats:

$8.50: Amount a college-educated player spends on the lottery each month in Texas.
$16: Amount spent each month by the typical player without a high school degree.

49: West Virginia's rank in median household income.
1: West Virginia's rank in state lottery profits per capita.

Those stats seem intuitive to me. The poorer you are, the more likely you are to place all your financial hopes on a 1 in a 30 million chance.

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