MURDER, POLITICS, AND THE END OF THE JAZZ AGE
by Michael Wolraich
|
|
Georgia Lottery Suckers Spend Most for Least
By EmmaZahn on Wed, 03/14/2012 - 2:22pm |
Georgia (STOGA1)’s lottery players are the biggest suckers in a nation buying more than $50 billion a year in tickets for state-run games, which have the worst odds of any form of legal gambling.
Players in Georgia, whose per capita income is about 10 percent below the U.S. average, are doing the most damage to their personal finances. They spent the second-highest chunk of their income on the lottery, which funds college scholarships and pre-kindergarten, according to the Sucker Index created by Bloomberg Rankings.
URL:
http://www.businessweek.com/news/2012-03-14/georgia-lottery-players-suckers-spending-most-for-least
- 332 reads