One study showed that households making less than $30,000 per year spent 13% of their income on lottery tickets, compared with just 1% for households earning $50,000 per year or more. Those hardest hit by lottery play are those who can least afford to play. States that then cut the prizes to increase their revenues have seen ticket sales decrease by as much as 40%. This is because it takes bigger and bigger payouts to lure gamblers in. Since 2011, the percentage of each dollar devoted to state initiatives has fallen from 34% to 29%, while the percentage of money devoted to prizes has increased from 62% to 67%. Hill warned, however, that lottery revenues are undependable. RELATED: Is Alabama feeling lucky about gaming in 2024?ĭr. It remains unclear what the legislature plans to do with these new resources and if the people 0f the state would see any benefit. In 2020 Alabama Governor Kay Ivey, commissioned a commission that showed that the state could generate an additional $200 to $300 million from a lottery, $300-$400 million from casinos, and an estimated $10 million from sports gambling producing an estimated $600 million total to further grow state government.

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