Edit: Nothing Free About Lottery
Idaho’s lottery generated $45 million last year. It works out to $28 million for Idaho’s public schools and $17 million for public buildings. Other than a slight drop in the profit - down from $49 million last year — that’s good news. Since the lottery was launched 26 years ago, it has provided nearly $695 million to schools and state government. And give credit where credit is due - the State Lottery Commission is a lean operation. There’s no lavish payroll and no excessive advertising budget. Just the same, this is anything but free money. For one thing, it’s a hugely inefficient way to come up with cash for schools and state government. To generate the $45 million profit, Idaho’s lottery had to sell about $211 million worth of tickets/ Marty Trillhaase , Lewiston Tribune. More here .
Question: How often do you play the lottery?
* This story was originally published as a post from the blog "Huckleberries Online." Read all stories from this blog