Maryland Lottery achieves 13th straight year of record sales

Comment #6

four4me — Tue, 10 Aug 2010 04:34:23 GMT

Not in the article but on MD's lottery website.

Designated proceeds from the Mega Millions game benefit the Stadium Authority. In FY2009, $20,000,000 was contributed to the Stadium Authority.

Comment #5

rdgrnr — Tue, 10 Aug 2010 03:04:29 GMT

Sounds like Maryland is going down the tubes in more ways than one.

I just read that Baltimore is infested with Bedbugs and they're spreading like wildfire.

Unfortunately, the only thing that kills them is DDT and that has been outlawed with the help of do-gooders and a certain political party.

Millions of people have died from malaria since DDT was outlawed but they had to outlaw it because they said it could potentially have some possible long term health risks.

I think Maryland sh... [ More ]

Comment #4

Litebets27 — Tue, 10 Aug 2010 01:21:43 GMT

One of the most foolish things this State or the Lottery Commission blows the money on is the Raven's Stadium. And, the article doesn't mention the portion or precentage that goes to that waste.

Comment #3

four4me — Mon, 09 Aug 2010 14:50:49 GMT

I agree that the state spends money foolishly especially since they don't generate enough capital to fund their pet projects.

However 29% of the lottery proceeds goes into the general fund apparently they depend on this money to fill the gap created when they didn't earn enough revenue from other sources.

29% of the proceeds should be used after the operating expenses are accounted for to further enhance the programs this money was intended for. To buy more books, pay for police... [ More ]

Comment #2

Todd — Mon, 09 Aug 2010 12:18:22 GMT

The state not paying teachers, police, firemen, etc., has nothing to do with the state being out of money. It has to do with them deciding to spend it foolishly on overblown, worthless state projects, like the Lyric Opera House and cultural projects .

Every state should look at what Christie has done in New Jersey and copy it. The NJ Governor may have rescued one of the worst state economies in just one year.

Comment #1

four4me — Mon, 09 Aug 2010 05:59:50 GMT

Congrats to the MD state lottery for doing what elected officials cant do and that generate money for the state.

Yea and despite the MD lottery's continued success in generating revenue for the state there are still problems keeping police, fire, teachers, general services, libraries, pools and recreation centers funded.

So much deficit that they have cut these services by reducing the amount of people needed to do the jobs and called for the closing of city pools a month sooner. Clos... [ More ]

Maryland Lottery achieves 13th straight year of record sales

Lottery Post — Mon, 09 Aug 2010 03:05:58 GMT

Despite a challenging economy and two paralyzing snow stormsthat buried large parts of the state, the Maryland Lottery tallied more than $1.706 billion in sales in Fiscal Year 2010, breaking its sales record for the 13th year in a row.

The Maryland Lottery also contributed $509.7 million to the state, which is used to support important programs, including education, public safety and health and environmental programs.

2010 Fiscal Year-end highlights include:

Sales of more than $1.706 b... [ More ]