How come it seems like Lottery winners are always the ones that buy tickets in low income areas.?
Tony
2005-11-29 13:51:39 UTC
Pure luck or Government's way of trying to balance the rich and the poor.
Two answers:
2005-11-29 14:36:34 UTC
I would put it down to psychology.
People who feel they are well-off feel no need to participate in the lottery programs. While those who feel they are less than well off think "Why not bet a buck or two on the chance to make a few million?".
It would seem to make sense to me.
addition: Yes Matt - agreed. I just didn't state it as eloquently. Feeling 'no need to participate' is as you say related to education, and those well off tend to have a better education.
Matt
2005-11-30 00:13:05 UTC
Statistically, poor people buy lottery tickets out of proportion to their share of the population. While hope for advancement is part of it, lack of education plays a decisive role. Of course, nobody has an appreciable chance of winning a lottery with significant money at stake. It's a matter of probability. Unfortunately, people with minimal education--who are concentrated in the lower end of the socioeconomic strata--tend not to see this. So, they make a bad investment.
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