In some states, the lottery accounts for more than 5 percent of education funding.
Am I the only one who finds this ironic?
Edit: Except, of course, for those who learn to predict 19 of 20 tickets correctly.
Am I the only one who finds this ironic?
Edit: Except, of course, for those who learn to predict 19 of 20 tickets correctly.
So, for example: if the school budget for the year is $5 million, and lottery brings in $1 million for the school, the school doesn't get $6 million the way a lot of people seem to think. The school gets $1 million from the lottery and the state only has to pay $4 million out of the general budget.
While not strictly true (a better educated populous would probably earn more, and give more taxes to the state, among other reasons), I find the idea on this small scale amusing.