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But it's always... (fill in the blank)

Topic closed. 2 replies. Last post 2 years ago by Coin Toss.

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Zeta Reticuli Star System
United States
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January 17, 2006
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Posted: May 12, 2015, 12:25 am - IP Logged

Here's an interesting stat from a recent Atlantic article about lotteries (it's not pro-lottery but does provide some interesting information):

But it's true: According to the North American Association of State and Provincial Lotteries, lotteries took in $70.1 billion in sales in the 2014 fiscal year. That's more than Americans in all 50 states spent on sports tickets, books, video games, movie tickets and recorded music sales.

The national average hides a lot of variance among the states. In North Dakota, per-capita lottery spending is a pittance at just $36 a year. In South Dakota, however, it's an egregious $755 per head. Lotto games bring in the most money per person in the mid-Atlantic and northeast: number-one Rhode Island (nearly $800 per capita!), Massachusetts, and Delaware are among the top five states, while New York, Maryland, New Jersey, Connecticut, and Pennsylvania join them in the top 13 (so does Washington, D.C.).

Derek Thompson
The Atlantic

Those who run the lotteries love it when players look for consistency in something that's designed not to have any.

Lep

There is one and only one 'proven' system, and that is to book the action. No matter the game, let the players pick their own losers.

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    Member #161539
    December 3, 2014
    328 Posts
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    Posted: May 12, 2015, 4:32 am - IP Logged

    Here's an interesting stat from a recent Atlantic article about lotteries (it's not pro-lottery but does provide some interesting information):

    But it's true: According to the North American Association of State and Provincial Lotteries, lotteries took in $70.1 billion in sales in the 2014 fiscal year. That's more than Americans in all 50 states spent on sports tickets, books, video games, movie tickets and recorded music sales.

    The national average hides a lot of variance among the states. In North Dakota, per-capita lottery spending is a pittance at just $36 a year. In South Dakota, however, it's an egregious $755 per head. Lotto games bring in the most money per person in the mid-Atlantic and northeast: number-one Rhode Island (nearly $800 per capita!), Massachusetts, and Delaware are among the top five states, while New York, Maryland, New Jersey, Connecticut, and Pennsylvania join them in the top 13 (so does Washington, D.C.).

    Derek Thompson
    The Atlantic

    CT ... after reading your post, I dug around and found an interesting fact ... the "oldest" lottery under the US flag is not one of the State lotteries but the U.S. Virgin Islands lottery. They claim it is 71 years old ... I think the first State lotteries were starting in the early 70's ... but not 100% sure.

    This information is from the NASPL site that you mentioned in your post.

    The "Year Established 1957" must be for the VI Lottery Agency starting ... that's only 58 years so there must have been some sort of lottery for 13 years before that.

    Virgin Islands Lottery
    8A Ross Estate
    Barbel Plaza
    St. Thomas 00802
    USA
    Phone: 340-774-2502, ext 25
    www.winusvilottery.com
       
            Juan Figueroa, Executive Director
     
    Situated in one of the most salubrious climates in the world, the U.S. Virgin Islands boasts the oldest continuous lottery of any state or territory flying the U.S. flag. For the past seventy-one years the VI Lottery has been an integral part of social fabric of the Territory of the U.S. Virgin Islands and continues to play a pivotal role in the society.
     
    From the early beginnings, the Traditional or Passive Game has been its staple providing employment for many and a means of extra income for thousands of lucky players.
     
    Through the years the Lottery has experienced significant growth and development and has increased its portfolio of games as a value added measure and as a means of increasing player satisfac­tion. As a result, the agency has become much more visible and viable and is now a contributor par-excellence to the economy of the Virgin Islands, generating more than 12 million annually. In fact, the VI Lottery agency is among the top revenue producers for the treasury of the territory.
    Year Established: 1957

    Products offered: Powerball, Mega Millions, Traditional Passive and Instant Games

    Beneficiaries: Handicapped Children's Fund and General Fund

    ...

      Coin Toss's avatar - shape barbed.jpg
      Zeta Reticuli Star System
      United States
      Member #30470
      January 17, 2006
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      Posted: May 12, 2015, 10:22 am - IP Logged

      Good research Crazy Wombat.

      Those who run the lotteries love it when players look for consistency in something that's designed not to have any.

      Lep

      There is one and only one 'proven' system, and that is to book the action. No matter the game, let the players pick their own losers.