The Lottery Why should Utah adopt the lottery

The Lottery Why should Utah adopt the lottery?

When was the Lottery started 1 St recorded lottery was held during reign of Augustus Caesar 1 st recorded lottery to distribute prize money was in 1466 in what is now Belgium 1 st US lottery was in 1612 created by King James to aid then Britishcolony Jamestown Modern form of today’s lottery was established in New Hampshire in 1964 Now operates in 43 states and the District of Columbia, Puerto Rico and the U. S. Virgin Islands

Benefits Provides funding for • Education system • Public works • National Parks In many states taxpayers decide where the funds go

Oregonians designated 59% of lottery earnings to public education, allocating the rest to economic development and state parks.

Georgia In 1995 Georgia yielded 85 million in scholarships which allowed more than 100, 000 Georgia high school graduates to receive post secondary education

New Jersey 59. 63% - Prizes 34. 43% - Education/Institutions 5. 57% - Retailer commissions 1. 34% - Contractor fees 1. 33% - Admin expenses. 02% - other operating expenses

Pennsylvania Since 1972 the lottery has generated more than 22. 6 billion in funding programs that offer assistance with Senior centers Free Property Low-cost transit and Long term taxes/ rent Prescrition reduced living rebate drugs fare share services program rides

Pennsylvania For every dollar • 60 cents goes to prizes • 30 cents to benefit programs • 6. 9 cents to retail and vendor commissions • 2. 1 cents operating expenses

Why Utah?

Sources • NATIONAL GAMBLING IMPACT STUDY COMMISSIONhttp: //govinfo. library. unt. edu/ngisc/research/lotteri es. html • Where the money goes. http: //www. state. nj. us/lottery/where/4 -0_where. htm • http: //www. palottery. state. pa. us/Winners. Beneficiaries/Who-Benefits/Where-Does-The-Money. Go. aspx • Utah missing out on benefits of the lotteryhttp: //www. dailyutahchronicle. com/? p=2581458