American adults spent an average of $251 on lottery tickets. With a return of 53 cents on the dollar, this means the average person threw away $118
More than 5% of lottery winners declare bankruptcy within 5 years of taking home the jackpot.
Lottery ticket sales in the US in 2010: $59 billion
One figure suggests that households making less than $13,000 a year spend a full 9 percent of their income on lotteries
In both West Virginia and Michigan, for example, lottery sales accounted for 36% of total state revenues in fiscal year 2010, and on average state with lotteries take in 11% of total revenues in the form of lotto ticket sales
Lotteries essentially target and encourage lower-income individuals into a cycle that directly prevents them from improving their financial status and leverages their desire to escape poverty.