by Mandib on October 22nd, 2007

Mandib

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What must the funds derived from the state lottery be used for in the state of Missouri?

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  • by Perryman on October 22nd, 2007

    Perryman

    In North Carolina for example, they started a state lottery to raise funds to support education.
    It has not worked out as well as hoped.

    In reality, most of the money raised by lotteries is used simply to sustain the games themselves, including marketing, prizes and vendor commissions. And as lotteries compete for a small number of core players and try to persuade occasional customers to play more, nearly every state has increased, or is considering increasing, the size of its prizes — further shrinking the percentage of each dollar going to education and other programs.

    In some states, lottery dollars have merely replaced money for education. Also, states eager for more players are introducing games that emphasize instant gratification and more potentially addictive forms of gambling.


    Here is a link to a very interesting story from the New York Times:

    http://www.nytimes.com/2007/10/07/business/07lotto.html

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  • by gone on October 22nd, 2007

    gone

    I recently learned that a wealthy family that moved to my area from Minnesota were given almost $300,000 in a grant from the state lottery to help purchase their 800 acre ranch because they have 1/4 mile of river frontage that has been designated conservation area. I don't know what all state lottery funds are used for, but I was shocked to find that out!

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  • by Brian I on October 22nd, 2007

    Brian I

    Which State?

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