The Oregon Lottery not so great for schools
US consumers spend $68 billion annually on lottery tickets yet education spending is flat because...
Read MoreUS consumers spend $68 billion annually on lottery tickets yet education spending is flat because...
Read Morestate revenue from the Oregon Lottery in 2013-15 is $1.045 billion while corporate income taxes are expected to bring just $1.027 billion
Read MoreCajoled by slick marketing schemes and advertising paid for an promoted by the government, poor people are voluntarily giving up 1/5th of their income in the hope of improving their lives. David Cay Johnston, in his column for Tax.com says that while most state lotteries were sold as a means to raise money for schools, “Ticket sales have to rise by 21 percent just to make up for the reduction in money going to education.”
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