Editorial criticizes N.J. Lottery privatization proposal

Comment #2

LckyLary — Sat, 09 Feb 2008 01:42:10 GMT

Upside: a privatized Lottery probably can't be shut down when nj fails to produce a budget on time.

Downside: whoever owns it or whatever might decide that computerized drawings are better for their bottom line or make other unwelcome changes like adding 50 more balls to the Pick-5 or increasing the takeout to 99 percent.

Comment #1

spy153 — Thu, 07 Feb 2008 12:51:11 GMT

Maybe this site will reach many more people that make the difference in these decisions., Or help to influence the ones that make the decisions. After all, LP is the seventh site on google results of the word lottery. And as research confirms, if you're not part of the top ten, you're not part of it at all. The more places this gets posted and read, the better your odds of getting the word out.

Editorial criticizes N.J. Lottery privatization proposal

Lottery Post — Tue, 05 Feb 2008 06:27:00 GMT

Privately run lottery faces long odds

Home News Tribune

Feb. 2, 2008

Give [New Jersey] state Senate President Richard J. Codey credit for trying.

Responding to the governor's assurance that he is open to ideas for solving the state's long-term budget woes, Codey, D-Essex, floated the notion of leasing the state's lucrative lottery. The way Codey figures it, the lottery might be worth billions upfront, and it might even produce some ongoing cash for the state if it is able to negotiate... [ More ]