Don't Gamble With Your Financial Future!
Every year Americans spend an average of over $950 per household gambling in casinos and playing lotteries. While there are many entertaining ways to spend money, gambling shouldn't be one of them. All to often, those who can least afford it are the biggest losers when it comes to games of chance; the odds are heavily weighted against success. Statistics show that households with incomes under $13,000 per year spend, on average, 9% of their income on lottery tickets hoping to get rich quick. State and local governments have little incentive to stop the problem; they are only too happy to fuel false hopes, having major budget problems of their own. Politicians are loathe to give up the tax revenues received from gambling and are only too willing to redistribute gambling revenues for their own pet projects. Government-sponsored gambling is immoral and repugnant; in effect it is a regressive tax on lower-income people.
The average rate of divorce among people who gamble is twice that of non-gamblers; suicide rates are 20 times higher - and they call this entertainment?
Talk with your children and family about the dangers of lotteries and gambling. If you simply must be entertained while wasting money, try rolling dollar bills into fuel logs and burning them in your fireplace instead - at least your fuel bills will go down.