Tuesday, May 10, 2011

How much does it cost for the state of Texas to run the lottery?

Recently Rick Perry, the governor of Texas proposed to sell the state lottery to private industry. I was under the impression the lottery was a cash cow for the state and we use the monies to pay for social programs. Is the lottery a financial burden for the state? If not, why would we sell it to private industry so some individual can profit from some other peoples habits? I always knew the lottery was gambling and therefore I never play it but to put it in the hands of private industry

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