Americans spend too much on lottery tickets and not enough on savings. In states that have a lottery the average person spends about $150 a year on tickets. And in the five states with video lotteries, the average Joe annually shells out more than $500. Since many people don't buy any, this means that the folks who do buy tickets are spending real money— indeed, more than $45 billion in total. Just saying "No" to gambling won't work. Extolling the benefits of abstinence is likely to be no more effective with gambling than it has been with sex education.
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