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AJC.com > Legislature > Blog > Archives > 2009 > February > 04 > Entry
Lottery sells big in bad economy
The Atlanta Journal-Constitution
The lousy economy hasn’t stopped people from buying lottery tickets.
Sales for the first half of fiscal 2009, which began July 1, were up about 2.5 percent through Dec. 31, according to lottery officials.
In all, the state sold about $1.73 billion worth of tickets during the first half of the year. The Lottery Corp. returned $421 million of that to the state to fund HOPE scholarships and pre-kindergarten classes.
Georgia’s lottery has been among the most successful gaming operations in the nation for years. Yearly sales have declined only once since the first tickets were sold in 1993.
Few if any lotteries in the country have had such a run.
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Comments
By sammy
February 5, 2009 8:12 AM | Link to this
People are buying more lottery tickets because of the bad economy. Lost a job, need a second or third job to get by? Those aren’t available now. The hope of winning $100 to help you get by is about all we have now.