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In an experiment, low-income participants were more likely to purchase lottery tickets when they felt that their income was low compared to a perceived standard.
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Government-run lotteries appeal to poor people. This causes them to spend a disproportionate amount of their income on lotteries, which contributes to them being poor, which keeps them buying tickets.
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The lottery is cheap permission to dream about the possibility of a better life. Most players know they won't win.
People without lots of money are more likely to participate in lotteries. On average, households that make less than $12,400 a year spend 5 % of their income on stat...
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There is clearly a demand for playing the lottery. But low-income people spend more of their income on the lottery than other income groups.
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In a study published in Psychological Science, participants were presented with temptation. Those who recalled a time when they felt grateful were more likely to act in an honest manner than those who described a t...
There is clearly a demand for playing the lottery. But low-income people spend more of their income on the lottery than other income groups.
Your willingness to believe something is influenced by how much you want and need it to be true.
Perception of Belief:
Individual beliefs are influenced by personal circumstanc...
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