Benefits of Lotteries to State Governments

To some people, state lotteries represent a number of social and economic negatives. Many also criticize the lottery for its virtually impossible odds.  The truth is that the lottery is an effective and time-tested means of revenue generation, especially for state governments.

People as far back as first-century Rome understood the benefit of raising funds for civic and government projects via lottery. The same principles are regularly implemented by state governments today and lottery proceeds often make it possible for various projects to move forward where lack of funding would otherwise leave them at a halt. Different states allocate funds … Read the rest