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Feeling poor spurs lottery ticket purchases

Discussion in 'Political Discussion' started by Real World, Jul 25, 2008.

  1. Real World

    Real World Moderator Staff Member

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    Nothing we didn't already know. What I found amazing is that the actual 'po, will throw away about a 1/12th of their gross income on lottery tickets. Cigg taxes, and lotteries hurt poor people the most.


    Feeling poor spurs lottery ticket purchases

    Fri Jul 25, 11:03 AM ET

    When it comes to purchasing lottery tickets, making people feel poor will prompt them to spend more money on a chance to become rich, American researchers said.

    They found that people who were convinced they were earning a low salary bought nearly twice as many lottery tickets compared to others who were made to feel more affluent.

    "When people are made to feel subjectively poor, they end up buying more lottery tickets which is somewhat perverse since every time you buy a lottery ticket, it's the equivalent of burning money," said George Loewenstein, a professor at Carnegie Mellon University in Pittsburgh, Pennsylvania who advised the research team. "It's certainly paradoxical that making people feel poor means they are more likely to burn money," he added in an interview.

    In a study published in the Journal of Behavioral Decision Making the researchers found that when people thought their earnings were below a certain standard, they were more prone to take risks and fall into a poverty trap.


    http://news.yahoo.com/s/nm/20080725/lf_nm_life/lottery_tickets_dc;_ylt=AirmmkOdzNhEW.gVeCh3HMKGWo14

     
  2. wistahpatsfan

    wistahpatsfan Pro Bowl Player

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    #75 Jersey

    We've all known this all along, haven't we. It's one of those ugly little things we all turn our head and look the other way from. Why do you think Keano machines are in bars?

    Massachusetts disburses lottery revenues to all the towns in Massachusetts based on their population. Now suppose that Newton and Clinton have the same population...which town do you think has more lottery outlets and sales? It's clearly a mechanism that drains cash from poor towns and redistributes it to the richer towns by default. State-run lottery and casinos should be banned. They are immoral, hurt poor towns (and people) and reward rich towns (and people) for no reason whatsoever.

    They should weight the return to towns based on the revenue removed from the towns proportionately.
     
  3. Real World

    Real World Moderator Staff Member

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    They're evil on a number of different levels. All of the ones you mention, and cuz the agency that runs the lottery is as wasteful as any in government. Plus, the government is sanctioning a practice it tells the average citizen is illegal. I can't bet, or gamble, by my own accord, but the gubmit can whenever it wants to.
     
  4. shmessy

    shmessy Maude Staff Member PatsFans.com Supporter

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    #75 Jersey

    "cigg taxes and lotteries hurt poor people most".

    What? I agree with you on the lottery part, but are you actually saying its the cigarette TAXES, not the cigarettes themselves that hurt the poor?

    Lemme ask you, what is the greater economic disaster for a poor person, paying high cigg taxes or smoking the cancer/emphysema sticks in the first place?

    At least the Gov't doesn't tax heroin - - that would be really mean to the poor!
     
    Last edited: Jul 25, 2008
  5. wistahpatsfan

    wistahpatsfan Pro Bowl Player

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    #75 Jersey

    What if the gov't taxed malt likka more than Bud?
     
  6. shmessy

    shmessy Maude Staff Member PatsFans.com Supporter

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    #75 Jersey

    Now THAT would be a travesty!
     
  7. Real World

    Real World Moderator Staff Member

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    WTF are you talking about? Yes, ciggarette taxes hurt the poor the most. I'm sorry you don't like smoking. That's your problem. Have you seen what obesity does to people? I guess we should ban, or tax the piss out of Twinkies & Dunkin Donuts. If people want to smoke, that's their right. Smoking is legal the last I checked. Taxing ciggarettes ABSOLUTELY hurts the poor the most.

    You behavior controlling trolls are truly disturbing. All your ilk ever wants to do is control people's lifestyle's through financial duress. I don't like smoking, therefore it's ok to tax it to the point it's unaffordable, regardless of whomever it hurts. I don't smoke so who cares, right? Gas & oil, who cares if it's $1,000 a barrel, or $50 a gallon. That's good. That way people will drive less, cuz the planet has a fever, haven't you heard? This country is so retarded its tragic. We've lost our way. No more live and let live. It's now live the way I want you to, or you'll pay.
     
  8. shmessy

    shmessy Maude Staff Member PatsFans.com Supporter

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    #75 Jersey


    Whoa, RW. Come down off the ledge - - you're overeacting and making stuff up in that last post. I never said cigg taxes don't hurt the poor. Of course they do. And where did you see me advocating for greater taxes on it?

    However, who smokes the most? in your list, it seemed just too funny that you had lottery tickets and cigg taxes as the things that hurt the poor - - guess what? I have no problem with people making their own choices on cigarettes, and I have said that the taxes on ciggarettes do hurt the poor economically, of course. But contending that cigarettes have no negative effect on the smoking poor - - i.e. for getting health insurance or greater need for it is simply crazy.
     
    Last edited: Jul 25, 2008
  9. Real World

    Real World Moderator Staff Member

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    And where did I say that smoking doesn't physically hurt the poor? Please. ad homenum or however you spell it. You come in with a post that puts words in my mouth, and then you tell me to calm down when I post positions you've openly held. Who's making stuff up? Me, or you? The point about taxes has nothing to do with the effect ciggs may, or may not have on an individual who uses them. I NEVER contended anything about the health effects of smoking. It's called reading comprehension Oh, and you have no problem with people smoking, so long as they pay, pay, pay the state to do it. It's all about behavorial control, and being able to tax what isn't popular. Try taxing tripple caramel latte's and see how far you get.
     
  10. shmessy

    shmessy Maude Staff Member PatsFans.com Supporter

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    #75 Jersey


    Where did I advocate FOR cigarette taxes? Talk about putting words in peoples' mouths!

    If someone wants to smoke themselves into emphysema/cancer, I say go for it! Where the hell do you see me saying anything about raising the taxes on it or even banning it? Same thing goes for alcoholism, obesity, etc. Just don't expect me to pay the medical bills, etc. for those personal decisions.

    In the meantime, you're not the kind who usually makes stuff up, so I'll just write it off to a summer friday afternoon.

    I'm sorry to have so upset you. Enjoy your weekend.
     
  11. Real World

    Real World Moderator Staff Member

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    If you don't support high taxes on ciggarettes, please state so. I happen to take your positions in this forum to mean you do. If not, why specifically cite your agreement on the lottery, and jump all over ciggs and health? We already know you like high gas prices in order to shape behavior, so tell me you don't like high ciggarette prices too.
     

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