Lottery ticket sales increase across country

Source: Keith Matheny, USA Today

Despite a struggling economy — or perhaps because of it — lottery ticket sales have surged across the USA. Financial records for 41 state lotteries that end their fiscal year in June show 28 had higher sales than the year before. Seventeen of those states set all-time sales records. Kate Sweeny, an assistant professor of psychology at the University of California-Riverside, said an uptick in lottery sales largely occurs when people feel a lack of control over events larger than themselves, such as the economy.

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money management, savings, budgets, economy

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