2018-01-24 Winning The Lottery – Not So Good

From article in https://www.fool.com/retirement/2018/01/27/maybe-you-were-better-off-not-winning-the-lottery.aspx

Burning cash

CNN reports that Americans spent over $80 billion on lottery tickets in 2016, or more than they spent on books, movies, music, sports tickets, and video games combined. That’s the equivalent of almost $250 being played by every man, woman, and child in the U.S., and since kids can’t buy lottery tickets (and more than a few people don’t play the lottery), some individuals are spending way more on a hope and a dream — more like on a wing and a prayer — than is good for them.

They are gambling addicts.

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