Kentucky Lottery: More than 'state-sanctioned gambling operation'

Lottery Post — Thu, 27 Jan 2005 15:18:33 GMT

This is the first story in a four-part series on the Kentucky lottery and its local and state impactSince it was founded in April 1989, it has generated nearly $8 billion in sales and contributed more $2 billion in revenue to the state treasury. But this multibillion-dollar enterprise is not your typical big business.The billions in sales it has generated come not from the sale of goods or services but from the sale of tickets. The $2 billion in revenue it has produced for the state comes not fr... [ More ]