60% of Adults play or have played the lottery

Lotteries grow annually by 12%

States that have a lottery

Wyoming is the most current state to enter the lottery in Jan. 2013

US LOTTERY SALES AND DISTRIBUTION OF REVENUES United States 2010 sales (millions) 43 states Doesnt including WY $19,468 2010 sales per capita $108 2010 prize payouts 51% 2010 Net revenues 40%

Source: The Journal of Economic Perspectives

WHO DO PEOPLE PLAY THE LOTTERY?

Play for FUN!

Play for the strategy and Risk factor

Who plays the lottery? Adults between the age of 26 to 55 years old

MEN PLAY THE LOTTERY MORE FREQUENT THAN WOMEN--ABOUT EVERY 18.7 DAYS

2013 IDAHO LOTTERY REVENUES

EDUCATION REVENUES FOR IDAHO LOTTERY IN 2011

PERMANENT BUILDING FUND REVENUES FOR IDAHO IN 2011

2011 REVENUE FOR PRIZE MONEY AND RETAILERS FOR THE STATE OF IDAHO

PROS AND CONS OF STATE LOTTERIES

Pros
Help fund state education, road repair, reduce property taxes. Keeps our dollars in state instead of funding bordering Utah states, such as, Idaho, Wyoming, Colorado and Nevada

Cons
Legalizes gambling 19.4% of Idaho lotto ticket sales come from Utah boarders-The top 5 Idaho Lotto ticket sales are on Utah boarders. #1 is Top Stop in Malad Id. and #2 is across the street at the Kwik Stop

The solidty of lottery sales to state unemployed is positive, but relatively small The income resilience of state lottery sales is positive

Preys on poor and lower working class. Buying lotto tickets instead of essentials Gives wrong message about solving poverty

The sales of lotto ticket help local business with commission from the sale of lottery tickets. The average is 5% to 6%

Advertisement and marketing costcost average 2%-3%

Is this really a con? I took a chance bought us all Lotto tickets

Big winners often see their lives come undone with such large sum of money to manage