by Nate Wooley | April 17, 2013 11:46 am
More than 3,500 people who won the lottery in Michigan benefited from welfare payments following their win.
The winners — who were identified when a 2012 law began requiring asset-testing of welfare recipients — either received welfare or lived with someone who received welfare, The Detroit Free Press reports.
The new law was passed after a man was found to be using food stamps following his $850,000 windfall. According to a report by Michigan’s Department of Human Services approximately 14% of lottery winners met the requirements for assistance. Each of them won at least $1,000, and on average won $6,800.
The department says that most of those lottery winners have stopped receiving assistance. However, some still qualify for Medicaid benefits.
The opinions contained in this column are solely those of the writer.
Want to share your own views on money and politics? Drop us a line at email@example.com and we might reprint your views in our InvestorPolitics blog! Please include your name, city and state of residence. All letters submitted to this address will be considered for publication.
Source URL: http://investorplace.com/investorpolitics/the-unbelievable-number-of-lottery-winners-on-welfare-in-michigan-is/
Short URL: http://investorplace.com/?p=335721
Copyright ©2016 InvestorPlace Media, LLC. All rights reserved. 700 Indian Springs Drive, Lancaster, PA 17601.