Monday July 28th, 2014, 4:21 am (EDT)

David Nibert

Hitting the Lottery Jackpot

Hitting the Lottery Jackpot

Government and the Taxing of Dreams

Hitting the Lottery Jackpot is a timely critique of the economic and social costs of state reliance on lotteries to generate public revenues. David Nibert highlights the conflicting role of the state as gambling promoter to show who really profits—advertising agencies, TV stations, and ticket vendors—with less than half the money wagered returned as prizes. Hitting the Lottery Jackpotalso shows who loses: lower-income groups and people of color, who spend a much higher percentage of their income on lotteries than others.… | more |