'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.