Lottery games winning real money12/11/2023 ![]() ![]() Lottery officials say they don't have any breakdown incomes and lottery spending. Related: The 300 missing lottery millionaires If you're making $150,000 a year, you wouldn't turn down $5,000, but it's not life changing." ![]() "Winning $5,000 on an instant game is a huge amount of money if you're struggling to get by. "People buy lottery tickets because they want a life-changing event," said Victor Matheson, an economics professor at the College of the Holy Cross. Wealthier players tend to enter the big multi-million drawings. The odds aren't the only difference between these games - the people who play instant games are typically poorer.Īccording to a study by Spry, about three out of four instant game tickets are purchased by people with below-average incomes.
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