10-07-2008, 02:19 PM
Lotteries are a very regressive form of taxation, with the poorest classes providing the great bulk of the revenue. On top of that, overhead and administration take a big chunk out of the pie before it even gets into the State revenue stream where it faces the usual bureaucratic erosion of financial efficiency. There are better ways to finance needed improvements.
Cheers,
Jerry
Cheers,
Jerry