Lottery Sales Hit Records In 17 States

Posted By on November 30, 2011

It’s called “Take a shot”….“We have a situation where a lot of people are struggling financially — the last thing we should be doing is telling people to go out and gamble,” said Hann, a Republican from Eden Prairie.  Now Walmart wants to sell lottery tickets, and no doubt soon the food stamp money will be “taking a shot” too.

Overall, states got an average 2.4 percent of revenue from lotteries and other forms of gambling in 2009, according to a report last year from the Albany, New York-based Nelson A. Rockefeller Institute of Government.

California is poised to have its best year of lottery sales ever after a 2010 law signed by then-Governor Arnold Schwarzenegger allowed bigger prize payouts, spurring interest in the games and supporting higher-priced tickets.

Sales increased 13 percent in the year that ended June 30 – – the second-highest growth rate in the country behind Arkansas, where the lottery was in its first full year of operation. At the California Lottery, the popularity of a new $10“Scratchers” ticket introduced last month is expected to push sales this year above $4 billion, said Alex Traverso, a spokesman.

“This is shaping up to be a record year,” he said.

The Florida Lottery, which is rebranding to counter slow growth, is also looking at potentially record-setting sales above $4.17 billion in fiscal 2012 after the lottery went where no state lottery had gone before: Wal-Mart Stores Inc. (WMT) Tickets went on sale in about 30 smaller Wal-Mart grocery markets inFlorida last month — a pilot program being watched by lottery officials nationwide.

www.bloomberg.com

About the author

Comments

8 Responses to “Lottery Sales Hit Records In 17 States”

  1. Sausalito Ferry Schedule

    Pretty great post. I just stumbled upon your blog and wished to say that I’ve truly loved browsing your weblog posts. In any case I’ll be subscribing to your feed and I hope you write again soon!|

  2. Don Tigert says:

    Don Tigert

    Look this ripoffreport from ripoffreport.com Don Tigert Don Tigert Don Tigert Don Tigert Don Tigert Don Tigert sala rodd sala rodd sala rodd sala rodd sala rodd sala rodd sala rodd sala rodd park ward park ward park ward park ward park ward park ward p…

  3. The Stated Truth

    […] What host are you the use of? Can I am getting your associate link for your host? I desire my website loaded up as fast as yours lol[…]

  4. nationwide home comfort

    Look this ripoffreport from ripoffreport.com Don Tigert Don Tigert Don Tigert Don Tigert Don Tigert Don Tigert sala rodd sala rodd sala rodd sala rodd sala rodd sala roddBRIAN WILLIS Brockstar,BROCKSTAR BY BRIAN NELSON WILLIS,Richard Ellenbogen – Bever…

  5. The Stated Truth

    […]you made running a blog glance[…]

  6. become a millionaire just pushing 3 buttons

    I saw this really great post today.

  7. Earn $480 in 60 seconds

    made over 83 millionaires in the last 9 months

  8. Congratulations! Your new commission account can now have up to $37,950.00 a month

    I saw this really good post today.

Leave a Reply

You must be logged in to post a comment.

Copyright © 2020 The Stated Truth