The Lottery

Why should Utah adopt the lottery?

When was the Lottery started

1St recorded lottery was held during reign of

Augustus Caesar

1st recorded lottery to

distribute prize money was in

1466 in what is now Belgium

1st US lottery was in 1612

created by King James to aid then British-

colony 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

Oregon

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

Low-cost Prescrition

drugs

Free transit

and reduced

fare share rides

Property taxes/ rent

rebate program

Long term living

services

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 STUDYCOMMISSION-http://govinfo.library.unt.edu/ngisc/research/lotteries.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 lottery-http://www.dailyutahchronicle.com/?p=2581458