Lottery billboards are in poor neighborhoods, not rich ones.

Hinzugefügt: 2026-05-28

[00:00:00]Drive through a wealthy neighborhood, you will not see a single lottery billboard. Drive through a lowincome area. They are everywhere. This is not random. Lottery commissions spend the most ad money in the poorest zip codes.

[00:00:13][music] Studies show that households earning under $30,000 a year spend an average of $412 annually on lottery tickets. That is almost 10% of their income. Wealthier households spend about $100. The lottery is a $100 billion industry in America. It is the most [music] regressive tax in the country.

[00:00:34]The people who can least afford to play are the ones playing the most. And the odds, one in 300 million for Powerball.

[00:00:42]You are more likely to be struck by lightning [music] twice. The government markets it as fun, as hope, as a chance.

[00:00:49]But the math [music] says it is a tax on people who are desperate. Every dollar spent on a ticket is a dollar not saved, not invested, not compounding. The lottery does not create [music] millionaires. It transfers money from the poor to the state. Subscribe to True Money.