What did $1.5 Billion in Lottery Investments Get You? What Could it Have Got You?
Thank you, Noreen Gillespie and Paul Wiseman. Finally, a newspaper article veers from the celebration of a lottery jackpot you didn’t receive to ask where that money might have gone instead:
So what exactly would happen if the country spent that $1.5 billion on something other than a distant dream?
For starters, it could cure the everyday worries of hundreds of thousands of American families hit by the Great Recession. It costs an average of $6,129 to feed the typical family for a year — meaning the cash spent on tickets could fill up the plates of 238,000 households.
As gas prices climb faster than stations can change the numbers on the signs, the money spent on tickets could fill the tanks of 685,000 households annually.