The Lottery Was Not Created For Poor People To PlayPrev Topic Next Topic

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Todd

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Chief Bottle Washer

New Jersey
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Dec 3, 2014, 5:59 pm

Quote: Originally posted by Artist77 on Dec 3, 2014
Somebody really wants to start a fight with Todd here.

I see a lot of poor looking elderly people play in DC all the time and they look like they really cannot afford it. $40-$60 is too much for me even. And as others have said and studies have shown over and over, the poor spend a higher percentage of their income on the lottery.

I agree with what you've said here, but the problem with thirfty is that he seems to say that just because he doesn't like the idea of a $5 game, that nobody should be able to buy it. In his world people should be able to play scratch games for $5, $10, $15, whatever, but God forbid that a draw game is $5. Give me a break.

It's like anything in life: don't buy it if you can't afford it or don't like it.

The lottery is entertainment, not an investment. If you are more entertained by playing a $5 Monopoly game, then go for it. Or if you'd rather spend $5 playing Pick 4, then go for it. But to say that the existence of a $5 draw game is going to bankrupt people is ludicrous. Just don't buy it if you can't afford it.

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Todd

50

Chief Bottle Washer

New Jersey
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Dec 3, 2014, 6:01 pm

Quote: Originally posted by weshar75 on Dec 3, 2014
Thrifty I play the lotto and I use to go to the casino and I am poor. But what I do with my money is none of your business and you know that you are a very negative person on lottery post. Not to mention you play the lotto too so stop being so negative. Cheer up thrifty try being positive for once.-weshar75

Awesome post. You're bound to be more lucky with a positive attitude. I can't tell you how many times I've seen that in a casino. Positive energy leads to luck and success. (A good wagering strategy helps too...)

Check the State Lottery Report Card
What grade did your lottery earn?

Sign the Petition for True Lottery Drawings
Help eliminate computerized drawings!
THRIFTY

100

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Dec 3, 2014, 6:03 pm

Quote: Originally posted by Artist77 on Dec 3, 2014
Somebody really wants to start a fight with Todd here.

I see a lot of poor looking elderly people play in DC all the time and they look like they really cannot afford it. $40-$60 is too much for me even. And as others have said and studies have shown over and over, the poor spend a higher percentage of their income on the lottery.

The USA lottery is a $79 Billion dollars per year industry, there is no way in hell that poor people spend most of that money on the lottery.
Artist77

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Dec 3, 2014, 6:03 pm

Quote: Originally posted by Todd on Dec 3, 2014
I agree with what you've said here, but the problem with thirfty is that he seems to say that just because he doesn't like the idea of a $5 game, that nobody should be able to buy it. In his world people should be able to play scratch games for $5, $10, $15, whatever, but God forbid that a draw game is $5. Give me a break.

It's like anything in life: don't buy it if you can't afford it or don't like it.

The lottery is entertainment, not an investment. If you are more entertained by playing a $5 Monopoly game, then go for it. Or if you'd rather spend $5 playing Pick 4, then go for it. But to say that the existence of a $5 draw game is going to bankrupt people is ludicrous. Just don't buy it if you can't afford it.

It is Thrifty's way or the Highway.....lol. I agree with you Todd. Look at all the people who buy $20 scratchers.
THRIFTY

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Dec 3, 2014, 6:07 pm

Quote: Originally posted by weshar75 on Dec 3, 2014
Thrifty I play the lotto and I use to go to the casino and I am poor. But what I do with my money is none of your business and you know that you are a very negative person on lottery post. Not to mention you play the lotto too so stop being so negative. Cheer up thrifty try being positive for once.-weshar75

I never told you specifically not to play the lottery. I do not want to change your perception about me.
Artist77

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Dec 3, 2014, 6:11 pm

Quote: Originally posted by THRIFTY on Dec 3, 2014
I never told you specifically not to play the lottery. I do not want to change your perception about me.

Thrifty?????? Why don't you go back and count your posts to the people of LP where you tell us not to play the lottery or to play it very rarely.
THRIFTY

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Dec 3, 2014, 6:13 pm

Quote: Originally posted by Todd on Dec 3, 2014
I agree with what you've said here, but the problem with thirfty is that he seems to say that just because he doesn't like the idea of a $5 game, that nobody should be able to buy it. In his world people should be able to play scratch games for $5, $10, $15, whatever, but God forbid that a draw game is $5. Give me a break.

It's like anything in life: don't buy it if you can't afford it or don't like it.

The lottery is entertainment, not an investment. If you are more entertained by playing a $5 Monopoly game, then go for it. Or if you'd rather spend $5 playing Pick 4, then go for it. But to say that the existence of a $5 draw game is going to bankrupt people is ludicrous. Just don't buy it if you can't afford it.

I am very supportive of lottery draw games like Powerball $2 per ticket and Monopoly Millionaires' Club $5 per ticket, because they are premium lottery games geared towards the Rich and Middle class that can afford to spend big money.
THRIFTY

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Dec 3, 2014, 6:21 pm

Quote: Originally posted by Artist77 on Dec 3, 2014
It is Thrifty's way or the Highway.....lol. I agree with you Todd. Look at all the people who buy $20 scratchers.

Why not increase all lottery draw games to $5, $10, $20, $30 and $50 per ticket then?
p4wanbi

WA
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Dec 3, 2014, 6:22 pm

Quote: Originally posted by THRIFTY on Dec 3, 2014
I am very supportive of lottery draw games like Powerball $2 per ticket and Monopoly Millionaires' Club $5 per ticket, because they are premium lottery games geared towards the Rich and Middle class that can afford to spend big money.

throughout two years of being a member here...the most I see from you, THRIFTY is negativity. Leave people alone and don't start a topic once in awhile just to say only the RICH and Middle class can afford to spend big money. How much is big? $5 game? You contradict yourself a lot, do you realize that? Are you posting negative lines because you have lost so much?

playing what can be afforded...spend half of what was reclaimed.
THRIFTY

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Dec 3, 2014, 6:27 pm

Quote: Originally posted by p4wanbi on Dec 3, 2014
throughout two years of being a member here...the most I see from you, THRIFTY is negativity. Leave people alone and don't start a topic once in awhile just to say only the RICH and Middle class can afford to spend big money. How much is big? $5 game? You contradict yourself a lot, do you realize that? Are you posting negative lines because you have lost so much?

I am a frugal lottery player regardless of the lottery tickets cost.
THRIFTY

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Dec 3, 2014, 6:31 pm

Quote: Originally posted by Todd on Dec 3, 2014
Awesome post. You're bound to be more lucky with a positive attitude. I can't tell you how many times I've seen that in a casino. Positive energy leads to luck and success. (A good wagering strategy helps too...)

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LottoMetro

Happyland
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Dec 3, 2014, 6:32 pm

Interesting thread going here......lol

Less than 30% of lottery players are low income (<$30,000). The presumption that poor people spend more on the lottery is flat-out wrong, but don't take my word for it, ask your lottery for their demographic study. Popular media likes to say so, but statistically-speaking, it just isn't all that true. Judging by percent of income is a tricky subject....you could also say poor people spend a larger percent of income on rent, alcohol, video games, food, ink pens, diapers, yada-yada. They spend a higher percentage of income on everything.

Lottery expenditures aren't related to income, but education. Those who didn't graduate high school spend about 4-5 times more than any other education group. The median wager decreases as education increases, which isn't much of surprise. Income is also linked to education*, but education is the higher correlation to lottery spending (logically, you can still get higher education with low income). So instead of saying poor people spend more, we should be saying stupid/uneducated people spend more. But that ruffles too many feathers. I think most people would prefer to be called poor than stupid

As far as people playing games that cost $X, they all can make their own choices. Those who spend recklessly will go broke no matter what games they play.

*I grew up in a below-poverty household, was homeless for a time, but now have 2 college degrees. So income has very little to do with education.

If the chances of winning the jackpot are so slim, why play when the jackpot is so small? Your chances never change, but the potential payoff does.
If a crystal ball showed you the future of the rest of your life, and in that future you will never win a jackpot, would you still play?

P&L % = Total Win($)/Total Wager($) - 1
destinycreation

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Dec 3, 2014, 6:44 pm

Rich people have no need to play the lottery. They overlook the game of lottery. If they do play, it's only for fun. They don't play expecting to win anything. They don't care, b/c they don't need to care.

The Middle Class and "Poor People", play the lottery, b/c they feel they need to, b/c they're chasing HOPE, chasing a DREAM of more money and a better lifestyle, or at least, some supplemental income, that is conceivably within their reach [this is what they Believe].

I believe that the Middle Class and "Poor People" are actually the ones supporting the lottery in the first place, NOT Rich People.

The label "Poor People" is Subjective. "Poor" to me, is Homeless or Destitute. Someone with an income of less than $20,000, or less than $10,000, is NOT necessarily too Poor to play the lottery. Most Lotteries only cost $1.00 per play. Many low income people CAN afford to pay $1.00 per play. They CAN somehow afford to spend their money on Addiction Related Frivolous Expenses. So, in terms of playing the lottery, these people are NOT "Poor People". Whether or not it is WISE for them to spend their money in this manner, is NOT the POINT !!!
maringoman

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Dec 3, 2014, 7:01 pm

Quote: Originally posted by THRIFTY on Dec 3, 2014
DO NOT PLAY THE LOTTERY, IF YOU CANNOT AFFORD TO PLAY?

It is great advice but like all great advice out there, it falls on deaf ears.

That money's gone fo ever
clifford1944

Broken Arrow Oklahoma
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Dec 3, 2014, 7:22 pm

Here in Oklahoma the old retired like to play at the casino. It's the excitement and lights that makes them feel young I guess. They sit there and look around for a while before putting in another token. They found one guy dead at the slot and they think he was dead for a couple days.

There's also math geeks like me who think they can beat the system.

Home, home where I wanted to be.

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