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FPA: when 'fun' gambling becomes problem, seek help.

Publication: Mississippi Business Journal
Publication Date: 24-APR-06
Format: Online
Delivery: Immediate Online Access

Article Excerpt
Last month, at the height of college basketball's March Madness, billions were won and lost--mostly lost--betting on the NCAA men's basketball championship tournament.

There's nothing wrong with a little friendly wagering from time to time-$5 on the annual NCAA bracket or a $1 Lotto ticket when the jackpot gets really high. But for many people, gambling takes an ugly turn when "hitting it big" becomes part of their financial mentality. An astounding one in five Americans said the most practical way to accumulate "several hundred thousand dollars" was by winning the Lottery, according to a recent survey conducted by the Financial Planning Association and the Consumer Federation of America.

Problem...

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