Mississippi panel studying other state lotteries

Comment #11

music* — Wed, 13 Sep 2017 22:15:13 GMT

As Sargent Joe Friday of Dragnet would say, Just the facts, Mam .

Comment #10

Coin Toss — Tue, 12 Sep 2017 00:47:29 GMT

music*,

Facts mean so much more than urban legends some lotteries promote.

Comment #9

music* — Sun, 10 Sep 2017 10:15:29 GMT

Coin Toss, You are showing all of us here at LP what a Gold Member, Top 100 Poster, a member since Jan. 17, 2006 with 10,524 posts can do.

You are dedicated to bringing the truth to the discussion. We should all be proud to know you and your work.

Thank You

Comment #8

Coin Toss — Sun, 10 Sep 2017 01:42:56 GMT

music*,

Consider;

For example, in Illinois, where the state spends $6.5 billion a year on education, only $619 million, or one-tenth, comes from the lottery. In California, with an $84 billion education budget, the lottery funds only about $1.2 billion, or one-seventieth. In Florida, lottery proceeds cover one-twentieth of state education spending. In New Jersey, it's one-thirtieth; in Texas, one-fiftieth.

We thought that it would be a windfall says Michael Johnson, executive director... [ More ]

Comment #7

music* — Sat, 09 Sep 2017 18:09:53 GMT

Coin Toss. Thank You for this study by Professor Pierce. A lottery expert.

California may be an exception to the rule. The California Lottery posts how much goes to schools each year. How much each school gets. By law, the lottery only has one beneficiary and that is Education.

Comment #6

Bleudog101 — Sat, 09 Sep 2017 16:49:15 GMT

Was just wondering if they traveled to those states in the study on the taxpayer's tab? It didn't specify, just mentioned a study.

Comment #5

Coin Toss — Thu, 07 Sep 2017 04:29:07 GMT

music*,

This is from one study of lottery money going towards education;

It's exactly the opposite of what you thought was going to occur. We're getting new revenue, it's going toward education, and then you end up spending less on education after this period of time, said Pierce.

Pierce says at first, education spending gets a significant bump. But after that first year, the rate of increase on education spending actually tends to slows down. After about 7 or 8 years, less money is spe... [ More ]

Comment #4

grwurston — Wed, 06 Sep 2017 23:19:41 GMT

If the Mississippi legislators are using the lotteries of Texas, Arkansas, Louisiana, Nebraska, and Wyoming as examples for the way to do lottery business, then the current and future players are screwed.

Other than Texas, none of the other states use ball drawings except on the jackpot games. Mega Millions, Power Ball, Lucky for Life. The daily games, Pick 3, Pick 4 etc, are all computer drawn.

Wyoming doesn't even have daily games. They have Jackpot games only.

To see how your state r... [ More ]

Comment #3

Bleudog101 — Wed, 06 Sep 2017 16:04:36 GMT

music* I am still astonished that Mississippi even has casinos for that Bible thumping state.

Still have no 'faith' that they'll ever get a lottery.

With the exception of Las Vegas I don't/won't visit casinos in non-lottery states and have not gone on junket flights to MS, though told it is close to Memphis for lottery.

Comment #2

music* — Wed, 06 Sep 2017 14:25:55 GMT

I would love to read a study on how many winners go bankrupt. 70% is the most commonly used figure.

Then the study could go in detail showing the jackpot winners and how many lost it all. Power Ball and Mega Millions winners.

The California Lottery gives all of its profits to education. Minus winnings, administration.

Multiple states maintain that those playing the lottery games are better educated and more affluent than the population as a whole. This makes sense because the poor ca... [ More ]

Comment #1

haymaker — Wed, 06 Sep 2017 13:58:42 GMT

Nebraska an example of a well run lottery

Oh yeah... have a look at LP's state report card...it rates a D

Mississippi panel studying other state lotteries

Lottery Post — Wed, 06 Sep 2017 12:10:38 GMT

A special House panel has been looking at other states' experience with lotteries as it works on a study requested by House Speaker Philip Gunn, who opposes a lottery for Mississippi but says he wants the issue thoroughly vetted.

Members of the House Lottery Study Working Group comprised of lawmakers, state gaming and other officials held their second of three meetings at the Capitol on Tuesday. The first meeting in May was described as lottery 101, on the history of, laws and facts about lot... [ More ]