This is according to a report from 2012, and
I have no reason to think the number has changed much since then.
I've mentioned before a book called Secrets of the Millionaire Mind, by T. Harv Eker. The author begins by reviewing the countless destructive ideas about income, wealth, and work that are believed by the vast majority of people who have not been financially successful.
There are many such ideas. You have probably heard some of them coming out of the mouths of other people.
At the core of them all is this: I am not in charge of my own destiny. I am a pawn in the service of impersonal forces I cannot control.
Mainstream politics and the media positively encourage people to think this way.
So it's no surprise that 9% of the income of households earning less than $13,000 per year is spent on...
...lottery tickets.
You can't win if you don't play, blah blah blah.
The odds of winning are astronomically low, so the lottery serves as a disguised form of taxation of the poor.
Now it is a fact -- and I will accept no dissent here -- that even
a desperately poor person in the United States has opportunities that people in the rest of the world, and at virtually all times in history, would have killed for. Especially today.
People will call me callous. Let them.
Encouraging people in their self-destructive outlook on the world isn't doing
them any favors.
People are drowning in a sea of life preservers.
No, not everyone can pour the time and energy into a full-blown online business at the drop of a hat.
But absolutely anyone, and I
defy anyone to contradict me here, can do this:
Most people won't, which will make things all the easier for you.
Speaking of making things easier, make sure and check it out while it's still available for a handful of lottery tickets, and before the price rises tomorrow night:
Tom Woods