Why Powerball Is A Terrible Way For States To Raise Money
Ok, I’ll admit it. I bought some PowerBall tickets.
I did not win.
At the lunch table we were discussing whether or not the lottery was an economic stimulus of sorts. This post sheds a little light on to that topic…
Why Powerball Is A Terrible Way For States To Raise Money
“About 35 percent of the money dedicated to lotteries eventually winds up back in state coffers.”
(Via ThinkProgress.)