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The "Lotto" Factor
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Originally posted by PrincessPerky View PostI have a chocolate addiction, I fritter tons of money into that, I really don't want to know how much a year!
If we don't buy chocolate we end up making other sweets (pies, cookies, etc.).
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One other way to look at the lotto is this....typically those with the lowest household incomes contribute most heavily to the lotto. People with some of the very lowest incomes also pay very little if anything in taxes. The people who are really trying to help themselves and their families, I say paying little taxes is great. To those making little and blowing their money on things such as lotto tickets, I just look at it as a way that these people are paying their share of taxes.
If you are saving and have the means, do what you want with your discretionary income (playing lotto, etc). However, if you are receiving any type of monetary assistance from the govt, you should not be wasting it on lotto, but if you do, at least the state should receive some benefit from those people who are acting irresponible.
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