Lottery a Net Loss for Arkansas Counties
From September of 2009 to April 30 of this year, Arkansans spent over $1.2 billion on lottery tickets. That is an almost unimaginable amount of money.
In 31 months, Arkansans spent over a billion dollars. That averages out to nearly $40 million every single month, or about $15 per second!
Think about that. On average, in one second the Arkansas Lottery takes in more money than many of its customers do in an entire hour. We have stated over and over again that we believe the lottery is played by those who can least afford to spend money on lottery tickets, and that the lottery itself preys on the poor. Well, let’s look at the numbers one more time.