Americans and Brits love a good gamble

CNBC reports, “Americans earning less than $30,000 admit to spending about 13% of their income on lottery tickets”, and the average American buys $1,000 of lotto tickets. Meanwhile, about 1 in 3 people in the UK hold Premium Bonds where the interest on the bonds is distributed by a lottery. “The bonds are entered in a monthly prize draw and the government promises to buy them back, on request, for their original price.”