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  #1  
Old 07-06-2005, 08:06 PM
Dan Rutter Dan Rutter is offline
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Join Date: Jul 2004
Location: WI
Posts: 23
Default Do not play the lottery if you live in poverty

http://www.jsonline.com/news/metro/jul05/338959.asp

You have to register to the paper, which is basically just typing in a email address, and you age, and adress to see the article. Basically tickets bought in poverty areas of Milwaukee are thought to pay less then areas of more wealth.

Here is one of the better segments of the article:

Longtime lottery player Tim Butler, who lives on Milwaukee's west side, didn't need to see the numbers to know that he and his neighbors are not exactly reaping big rewards from their investment in lottery tickets.

"I have never won any decent amount of money with tickets I bought in the inner city," said Butler, a Milwaukee County bus driver, shortly after returning home with another $20 worth of Pick 3 and Pick 4 tickets.

He said in the seven years he has been buying lottery tickets - usually several every day - his biggest prize has been $500 won in the Super Cash game with a ticket, he makes a point of noting, that he purchased on the city's south side.

"I'm going to keep playing, hoping things will change," Butler said. "And all the money I lost, I stand a chance of recouping."
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  #2  
Old 07-06-2005, 08:07 PM
stabn stabn is offline
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Join Date: Sep 2004
Location: Bellevue, Wa
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Default Re: Do not play the lottery if you live in poverty

Why would you post this here?
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  #3  
Old 07-06-2005, 08:10 PM
[censored] [censored] is offline
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Default Re: Do not play the lottery if you live in poverty

perhaps Alobar was onto something after all.
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  #4  
Old 07-06-2005, 08:15 PM
imported_ncray imported_ncray is offline
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Join Date: Apr 2005
Location: Palo Alto, CA
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Default Re: Do not play the lottery if you live in poverty

[ QUOTE ]
"And all the money I lost, I stand a chance of recouping."

[/ QUOTE ]

Cheers!
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  #5  
Old 07-06-2005, 08:23 PM
Dr. StrangeloveX Dr. StrangeloveX is offline
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Default Re: Do not play the lottery if you live in poverty

But definitely play the lottery if you are rich. Imagine if you won? You'd be rich.
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  #6  
Old 07-06-2005, 08:31 PM
Dan Rutter Dan Rutter is offline
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Join Date: Jul 2004
Location: WI
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Default Re: Do not play the lottery if you live in poverty

because its kind of an other other topic, were do you suggest I post it?
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  #7  
Old 07-06-2005, 08:41 PM
A_C_Slater A_C_Slater is offline
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Location: Turkmenistan
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Default Re: Do not play the lottery if you live in poverty

Just another lost soul humping away at the American Dream.
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  #8  
Old 07-06-2005, 08:41 PM
stabn stabn is offline
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Default Re: Do not play the lottery if you live in poverty

A monster truck website.
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  #9  
Old 07-06-2005, 08:43 PM
DasLeben DasLeben is offline
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Join Date: Mar 2005
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Default Re: Do not play the lottery if you live in poverty

It's just variance. If I play a 234080984302984 more times, I'll eventually hit an upswing. I'm sure of it. Small sample size, right? Right?! [img]/images/graemlins/smile.gif[/img]
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  #10  
Old 07-06-2005, 08:44 PM
milliondollaz milliondollaz is offline
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Default Re: Do not play the lottery if you live in poverty

haha, i doubt any poker players play. -EV!

the lottery is a tax on people who are bad at math...
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