make a mess make a mess, make a mess make a big mess your first words tide he turbo clean. 6x cleaning power in 1/2 the time. that s my tide what s yours? last year americans spent more than $70 billion on lottery tickets while about 40% of lottery sales go to the state to pay it for schools, some would say this so-called hidden tax is not spread out evenly. in fact the poorest third of americans buy half of all lottery tickets. joining me now is derrick thompson atlantic breaks down the numbers in his new article lotteries, america s $70 billion shame. so who is spending all the money? i think you nailed it right there in the opening. $70 billion, more than we spend on sports ticket, movie ticket book, video games and recorded
music sales combined. and a duke university study from the 1980s wanted to look at who actually is accounting for all these sales and they found the bottom third percent of households account for half of all lottery sales. other studies from north carolina and other states have found that not only are poor people more likely to buy lottery tickets but also lottery tickets are more likely to be advertised in lower income neighborhoods. so this is a tax as you mentioned funds government services that is disproportionately pushed on to the poor. it is a regressive tax. in terms of the why you cite an interesting study which breaks down who buys lottery tickets for fun, who buys them with the hope of really winning all that money. how did that break down? so this is really interesting. two studies, one said we ve figured out that about half of people say they buy it specifically for fun, the other half say we buy it more for an investment. but it turns out the are poorer people get the
according to the experts that has a lot to do with the state of the economy. are you going to walk away with it? let s find out. even when times are tough, lotteries rake in the dough. during bad times people want to have hopes and dreams and apparently are living it out through the lottery. they saw lotto sales jump in 2011, up from 2010. we respond by thinking of it as just a fun diversion, a fun recreational activity, a fun way to give flight to our imagination what we might do if we want a million dollars. and states see it as a way to supplement lost tax revenue. won? yes, whoo! in california has the nation s third highest unemployment rate, lottery sales are up 20%. the million dollar raffle is back. and rhode island s gamblers dumped more in 2012 even as the state s jobless rate
or signs of unusual behavior, stop taking tamiflu and call your doctor immediately. children and adolescents in particular may be at an increased risk of seizures, confusion or abnormal behavior. the most common side effects are mild to moderate nausea and vomiting. the flu comes on fast, so ask your doctor about tamiflu. prescription for flu. during hard economic times, people often hope for a little luck to turn things around and that can mean a windfall for the lottery. california alone pulling in 8.4 billion dollars this year, that s the highest number in more than a decade. but there are concerns about people s spending all that money on a game when many can barely afford everyday necessities. live for us from los angeles, clauda? harris, it s not just california in states across the country, lottery sales were thriving in 2012,
according to the experts that has a lot to do with the state of the economy. are you going to walk away with it? let s find out. even when times are tough, lotteries rake in the dough. during bad times people want to have hopes and dreams and apparently are living it out through the lottery. they saw lotto sales jump in 2011, up from 2010. we respond by thinking of it as just a fun diversion, a fun recreational activity, a fun way to give flight to our imagination what we might do if we want a million dollars. and states see it as a way to supplement lost tax revenue. won? yes, whoo! in california has the nation s third highest unemployment rate, lottery sales are up 20%. the million dollar raffle is back. and rhode island s gamblers dumped more in 2012 even as the state s jobless rate