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Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?


To: LindyBill who wrote (479759)3/31/2012 12:36:15 AM
From: average joe2 Recommendations  Read Replies (2) | Respond to of 793755
 
Yep, you are right on that one. But it really is a tax on people who can't do basic math considering the odds.

"A 1999 survey by the Consumer Federation of America and financial services firm Primerica found that 40% of Americans with incomes between $25,000 and $35,000 a year, thought that the lottery would give them their retirement nest egg. What is interesting is that the same study found that number to increase to 50% when the income is $15,000 to $25,000 a year. The study shows that people become more desperate and hopeless as their income decreases."