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The Lottery Was Not Created For Poor People To Play

Topic closed. 77 replies. Last post 2 years ago by Stack47.

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p4wanbi's avatar - Lottery-062.jpg
WA
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January 27, 2012
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Posted: December 4, 2014, 5:46 pm - IP Logged

I enjoy coming here to share ideas about the p-3 game.

The other reason, being that based on the time I've spent here, there seems to be a lot more people than I thought who don't fully grasp the odds against them winning a major JP in their lifetime. So maybe, just maybe I can save some people from financial ruin by enlightening them.

I'm willing to bet there are thousands who waste 20-30 dollars, or more a week on the PB and MM, and barely can afford it on such a futile effort, when they can bank that money instead. 

One can only throw the facts out there, and it's up to the reader to decide whether they care about FACTS, or not. I never told anyone they should stop playing, I only point out that it's futile. No one is putting a gun to anyone's head. If they want to waste their money, let them.

I have a co-worker who spends about 50 dollars a week. Even after I told her about the FACTS, she still doesn't care. She's another one of those multitudes who KNOWS FOR SURE she will win the PB one day. Thud

I don't trust Pick 3, period. :)

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

    Coin Toss's avatar - shape barbed.jpg
    Zeta Reticuli Star System
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    Posted: December 4, 2014, 9:05 pm - IP Logged

    Called Policy B/C it was "mandatory" in some towns ?

    or was that a takeoff on insurance policy ?

    Hey there, haymaker,

    Take off on an insurance policy.

    Wink

    Those who run the lotteries love it when players look for consistency in something that's designed not to have any.

    Lep

    There is one and only one 'proven' system, and that is to book the action. No matter the game, let the players pick their own losers.

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      NEW YORK
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      Posted: December 4, 2014, 9:28 pm - IP Logged

      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 Smile

      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.

      "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."

       Poor people spend money at casinos too, but they are not called Big Whales.

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        NEW YORK
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        Posted: December 4, 2014, 9:35 pm - IP Logged

        Poor people have the same right to choose as people with more money.  Their choices may be more limited, but they still have the right to make them.  If they want to eat rice & beans every day and enjoy a beer or buy a lottery ticket once in a while, that is their choice. 

        Even if they are on benefits.  Once they have qualified for assistance that money is theirs and they can spend it however they see fit.

        The lottery runs checks on lottery winners, and they have to pay the money back to the government, if they ever received public assistance.

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          NEW YORK
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          Posted: December 4, 2014, 9:39 pm - IP Logged

          I've heard that phrase for years that poor people play more. I'm about as middle class as you can get, my wife and I make good money. But we are like most other middle class people in that we're stuck with just trying to pay off bills, get kids through college and wondering if we will ever get to retire and live comfortably.

          I play because it's fun for me, and....it really is the only way I will ever have a shot at retiring comfortably. Having said that, I am fully aware of the odds and reality of winning a jackpot.

          Lazy and greedy people never play the lottery. It's entertainment?LOL

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            NEW YORK
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            Posted: December 4, 2014, 9:41 pm - IP Logged

            I would say the spending is probably spread out evenly among all income groups.  The rich can certainly buy way more tickets, but buying more tickets really doesn't help.

            A person could buy $2,500 worth of Mega Millions tickets each drawing for the next 25 years and never win anything significant.

            It helps the lottery bottomline and whoever wins the big prizes.

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              NEW YORK
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              Posted: December 4, 2014, 9:45 pm - IP Logged

              "when I pay for cigs, beer, weed and/or wine, I IMMEDIATELY get what I paid for"

              When you buy a lottery ticket you're only buying a chance to win a prize, most players know that.

              You made it seem like we did not know the difference between tangible and intangible.

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                NEW YORK
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                Posted: December 4, 2014, 9:49 pm - IP Logged

                both  of you  are  wrong  ;;   i  am  seventy  nine   ,   poor   people  were  playing        numbers  when  there  were   no  lottery,  right  now  in  some     state   ,  they  spend  wefare  checks on  lottery  and  that  a fact,  you  go  by  what  state  you  live in,   i use  be  a  truck  driver   i  know.

                The lottery is capitalism at its finest. Oh, I forgot that they have a lottery in China.

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                  NEW YORK
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                  Posted: December 4, 2014, 9:54 pm - IP Logged

                  Lots of great commentary here.  Just goes to show that any thread has the opportunity to become great.

                  Do not be so dramatic. Playing the lottery is very entertaining.LOL

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                    NEW YORK
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                    Posted: December 4, 2014, 10:01 pm - IP Logged

                    I enjoy coming here to share ideas about the p-3 game.

                    The other reason, being that based on the time I've spent here, there seems to be a lot more people than I thought who don't fully grasp the odds against them winning a major JP in their lifetime. So maybe, just maybe I can save some people from financial ruin by enlightening them.

                    I'm willing to bet there are thousands who waste 20-30 dollars, or more a week on the PB and MM, and barely can afford it on such a futile effort, when they can bank that money instead. 

                    One can only throw the facts out there, and it's up to the reader to decide whether they care about FACTS, or not. I never told anyone they should stop playing, I only point out that it's futile. No one is putting a gun to anyone's head. If they want to waste their money, let them.

                    I have a co-worker who spends about 50 dollars a week. Even after I told her about the FACTS, she still doesn't care. She's another one of those multitudes who KNOWS FOR SURE she will win the PB one day. Thud

                    Your co-worker should save $2,600 first, and spend it on 1 lottery drawing once a year. She might quit playing the lottery after losing $2,600 on her first try.

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                      tntea's avatar - Lottery-059.jpg

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                      Posted: December 4, 2014, 10:46 pm - IP Logged

                      Poor people have the same right to choose as people with more money.  Their choices may be more limited, but they still have the right to make them.  If they want to eat rice & beans every day and enjoy a beer or buy a lottery ticket once in a while, that is their choice. 

                      Even if they are on benefits.  Once they have qualified for assistance that money is theirs and they can spend it however they see fit.

                      It is sad to sit back and watch people work two or more jobs and pay taxes on all their jobs so people on assistants can play the lottery.   If a person can afford a cigarette,  a beer or a lottery ticket,  they should not be on public assistant  PERIOD!     It is dead wrong and they should be ashamed of themselves.

                           OLD/Vtrac   Lottery Bible         Double Warnings      Thumbs Up TN F34/F44


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                        Posted: December 4, 2014, 11:29 pm - IP Logged

                        I don't trust Pick 3, period. :)

                        I don't blame you for not trusting them. The p-3 has multiple pre-tests and post-tests, justified by illogical reasons.


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                          Posted: December 4, 2014, 11:40 pm - IP Logged

                          Your co-worker should save $2,600 first, and spend it on 1 lottery drawing once a year. She might quit playing the lottery after losing $2,600 on her first try.

                          Or, the person can win multiple lower tier prizes either way, spread out or all at once, to keep the dream continuously financed by the wonderful citizens (losing tickets holders) of whatever state they play in. Green laugh

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                            NEW YORK
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                            Posted: December 4, 2014, 11:41 pm - IP Logged

                            It is sad to sit back and watch people work two or more jobs and pay taxes on all their jobs so people on assistants can play the lottery.   If a person can afford a cigarette,  a beer or a lottery ticket,  they should not be on public assistant  PERIOD!     It is dead wrong and they should be ashamed of themselves.

                            The United states government should create a $79 Billion dollars pork program for its citizens to have fun playing the lottery.

                             

                            Who can be a great director for this pork program? LOL

                             

                             

                            PORK?

                            1. Taxpayer dollars spent in Washington, DC on worthless, minute garbage, sponsored in Congressional bills. Also known as pork-barreling.

                            2. A former Presidential intern during the mid to late 1990s.


                            Pork is the single-largest reason for the gross overspending of our taxpayer dollars.

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                              savagegoose's avatar - ProfilePho
                              adelaide sa
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                              Posted: December 4, 2014, 11:47 pm - IP Logged

                              how manypeople are on food stamps? what % of them buy lotto tickets?  as a gov ,you want to take money from the largeest massof people at a small % of their income ,  small so its not noticed  lotto tickets is a great way to do that,. and the return from lotto , is prob a greater %  than  public assistance return from taxes.

                              2014 = -1016; 2015= -1409; 2016 JAN = -106; FEB= -81; MAR= -131; APR= - 87: MAY= -91; JUN= -39; JUL=-134; AUG= -124; SEP = -123; OCT= -84  NOV=- 73 TOT= -3498

                              keno historic = -2291 ; 2015= -603; 2016= JAN=-32, FEB= +12 , MAR= -86, APR = -77. MAY= -48, JUN= -29, JUL=-71; AUG = -52; SEPT= -43; OCT = +56 NOV = -33 TOT= -3297