.

Are Georgia Lottery Players Suckers?

If you're from Georgia and you play the lottery, you may be playing a losing game.

Are Georgia lottery players bigger suckers than folks in other parts of the country? Could be.

A recent study in Bloomberg showed that Georgians not only play big when it comes to the lottery, they also lose big. This has earned them the title of "biggest suckers" in America.

According to a report in AOL's Daily Finance, Georgia residents spent an average of $470.73 per adult on lottery tickets -- or $3.4 billion -- over the past year. This number represents 1 percent of Georgian's collective annual income. The payouts however, were not so great -- just 62.9 percent. 

Even though the odds are long (1 in 175 million), the lure of a half-billion dollar jackpot is sure to bring out a lot of suckers -- Georgians and others.

So do you have your ticket for Friday's Mega Millions? What would you do with half a billion dollars? Tell us in the comments.

Boards

More »
Got a question? Something on your mind? Talk to your community, directly.
Note Article
Just a short thought to get the word out quickly about anything in your neighborhood.
Share something with your neighbors.What's on your mind?What's on your mind?Make an announcement, speak your mind, or sell somethingPost something