The Economics of Lotteries: A Survey of the Literature

lottery is a tax on the poor   Dan lottery 96

Secondly, more poor people buy lottery tickets than rich people This one is particularly harmful, as people can spend hundreds of dollars

And the ugly truth of the lottery remains: it is a regressive form of taxation Lower income households are disproportionately active lottery Americans have to pay an initial federal tax of 25 percent on any winnings above $7,200 As if that's not enough, individual states may impose

lottery france Why do the poor spend more on lottery tickets than their wealthier and better educated peers? While social scientists generally agree that there is an Lottery winnings are taxed as ordinary income by the Internal Revenue Service and most states Large winnings will thus be taxed at the highest income tax