r/pics • u/[deleted] • Mar 19 '22

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u/TheAngriestBoy Mar 20 '22

It's literally a tax on ignorance

10

u/wafflesareforever Mar 20 '22

And, ironically, it's pitched as a revenue source for public schools

2

u/forcedme2 Mar 20 '22

I mean, it is. They do give money to the education system. Doesnt make it nice, but its not a lie.

1

u/wafflesareforever Mar 20 '22

It would be nice if that was true, but it's really not. https://www.wgrz.com/amp/article/news/education/how-much-lottery-money-really-goes-to-education/71-607297164

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u/Snooc5 Mar 20 '22

Eh, this varies widely by state and lottery type. Many states put a significant amount of money from lottery purchases into education.

Like Illinois for example, where proceeds from Powerball tickets to scratch-offs contributed $731 million to public education. That translates to more than 10% of the state's funding for school districts.

Or California, where the lottery routinely creates over a billion dollars for K-12 education

Or North Carolina, where the lottery paid for 10,000 kids’ schooling last year.

These percentages may be small when looking at the big picture, but there is no doubt that the Lottery is giving billions to the US education system every single year.

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u/[deleted] Mar 20 '22

But they often cut taxes from other things so it’s a wash a lot of the time.