Louisiana Lottery Makes Less Money, Pays Out More Than Arkansas
For 5 years, now, we have written about what an exercise in futility the Arkansas Lottery has turned out to be.
It pulls hundreds of millions of dollars out of Arkansas’ economy, hurts families, and pays back far too little money in scholarship funding.
Lottery officials have reduced the lottery’s budget for scholarships to record-lows for Fiscal Year 2015, citing lagging ticket sales as the reason. If that’s the case, though, then how is it Louisiana’s state lottery has consistently paid out more in education funding than Arkansas despite taking in less money in lottery ticket sales?
Here are the Numbers.