HomeLatest ThreadsGreatest ThreadsForums & GroupsMy SubscriptionsMy Posts
DU Home » Latest Threads » Forums & Groups » Places » U.S. » New Jersey (Group) » Record N.J. lottery sales...

Mon Sep 14, 2015, 04:11 PM

Record N.J. lottery sales are no windfall; worst returns in 40 years fuel vendor criticism [View all]

Christie strikes again, I missed it when Christie privatized the lottery, but the magic is the same, people spending more on the lottery but the return is the worst.
Ticket sales have topped $3 billion for the first time, but New Jersey’s lottery expects to send only $930 million back to the state to help fund social service programs — the lowest rate of return in nearly four decades.

In the past, record sales most often translated to record dollars back to the state for school nutrition programs, education scholarships and housing for disabled veterans, money required to be funneled to the budget by the law that created the lottery itself.

But New Jersey isn’t expecting those record sales to translate to the state budget for fiscal 2015, which ended in June, the first full year since the lottery’s sales and marketing was outsourced to a group that spent heavily on lobbying firms led by Governor Christie’s closest allies.


is anyone really surprised?
But for all its shortfalls in payments to the state, the group hasn’t paid a dollar in penalties, thanks to a buffer in its 15-year contract with the state that was approved by Christie, a Republican, over the objections of the Democratic-controlled Legislature.

5 replies, 2018 views

Reply to this thread

Back to top Alert abuse

Always highlight: 10 newest replies | Replies posted after I mark a forum
Replies to this discussion thread
Arrow 5 replies Author Time Post
Reply Record N.J. lottery sales are no windfall; worst returns in 40 years fuel vendor criticism [View all]
hollysmom Sep 2015 OP
randys1 Sep 2015 #1
yeoman6987 Sep 2015 #2
Human101948 Sep 2015 #3
gelsdorf Sep 2015 #4
imthevicar Sep 2015 #5