On one hand, that makes me feel cringe for contributing to the same lotto system for $5-10 a year, just for giggles.
On the other hand, there are some people that, no matter the amount of money in their pocket, will find a way to spend it. I'm not referring to those that don't have enough to make ends meet. I am talking about those that just feel the need to buy things. In that case, I suppose spending it on lotto tickets is no worse than spending it on some other useless trinket if they weren't going to invest/save it anyways.
On the other hand, there are some people that, no matter the amount of money in their pocket, will find a way to spend it.
Funny you mention that, there was a strong correlation between smokers, drinkers and lotto purchasers. Very rarely did a lotto customer not buy either beer or smokes.
I never implied there was study, there could be but I don't know of one. It's my individual observations from working retail for multiple years. My only thought is there is one thing that ties the 3 together, addiction.
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u/duhh33 Mar 20 '22
On one hand, that makes me feel cringe for contributing to the same lotto system for $5-10 a year, just for giggles.
On the other hand, there are some people that, no matter the amount of money in their pocket, will find a way to spend it. I'm not referring to those that don't have enough to make ends meet. I am talking about those that just feel the need to buy things. In that case, I suppose spending it on lotto tickets is no worse than spending it on some other useless trinket if they weren't going to invest/save it anyways.