Is the lottery shortchanging schools?

Comment #7

AceKicka — Mon, 24 Sep 2007 02:00:07 GMT

Is the lottery shortchanging schools?? The short answer is HELL NO. But to dig deeper into the issue, everybody knows that the fools, crooks and the clowns in charge are to blame.

If you don't already know, this COUNTRY 'TIS OF THEE is in a royal HELLIFIED MESS. Our so-called leaders have taken us all for the ride of our lives. DO NOT be fooled, people. This economy of ours is a SHAM. And they know it. But do they care?? HELL NO!!

All these money grubbers care about is grabbing... [ More ]

Comment #6

Badger — Fri, 21 Sep 2007 01:40:23 GMT

No, it would just mean more taxes.

Politicians don't know how to cut anything but a piece of the pie.

Comment #5

Captain Lotto — Thu, 20 Sep 2007 21:19:10 GMT

There's only a few states that have lottery corporations where the CEO has a fat salary. Most (the oldest) are state agencies and the salaries pale in comparison.

I think it's important to remember that most funding is designated or appropriated by state legislatures. If they didn't have lottery funds, it would mean more taxes or cuts elsewhere.

Comment #4

sirbrad — Wed, 19 Sep 2007 23:58:06 GMT

Yes they are, because their pig executives are taking too much off the top for their already overinflated salaries. That means more vacations for them.

Comment #3

Coin Toss — Wed, 19 Sep 2007 23:31:02 GMT

It's not the lotteries that are shortchanging the schools, it's the states' practices of voodoo accounting.

Let's say a state lottery raises so many millions for the education fund. The state then takes out that much or more somewhere else in the education budget.

Comment #2

DoubleDown — Wed, 19 Sep 2007 17:36:24 GMT

Getting commentary from Rebecca Paul Hargrove regarding lottery proceeds is akin to getting crimestopper stats from O J Simpson...

Comment #1

Todd — Wed, 19 Sep 2007 16:41:13 GMT

With regard to the Tennessee Lottery's figures, 100% of those figures are based upon revenues and contributions BEFORE the changeover to computerized drawings. State lotteries end their fiscal years in June, so the figures they are all quoting are based on revenues and contributions before July.

Tennessee changed over in August. I will be interested to see what their first quarterly report looks like in October.

Is the lottery shortchanging schools?

Lottery Post — Wed, 19 Sep 2007 16:38:39 GMT

According to the North American Assoc. of State and Provincial Lotteries, 42 states and the District of Columbia run lotteries, and more than half claim the games boost funding for education. But CBS News chief investigative correspondent Armen Keteyian found that lotteries aren't exactly providing a windfall for schools.

If you listen to state lottery ads, we're supposed to believe that all the numbers are supposedly adding up to more and more money for education.

Lotteries help, but n... [ More ]