Beebe on the lottery | Arkansas Blog

Saturday, January 9, 2010

Beebe on the lottery

Posted By on Sat, Jan 9, 2010 at 6:58 AM

Here's a good bit more from Gov. Mike Beebe's radio show musings yesterday about whether money spent on the lottery has diverted money from other spending that might have produced general tax revenues. He noted, too, Tennessee's recent experience with lottery revenues falling short of expectations on funding college scholarships. He said of the lottery:

“Apparently it’s performing pretty well. … It might be performing so well that people aren’t spending money in other places they might have spent it,” Beebe said on his monthly call-in show on the Arkansas Radio Network.

... “Obviously if people are spending money at the levels that apparently it’s coming in, then if they’ve got just a limited amount of money, then … they’re not spending it on something else,” Beebe said Friday. “I don’t know if you can quantify that, or how we can, but we’re looking at trying to see if we can figure out what that number actually is.”

We'll have a bottom line on the lottery in a decade or so. Odds favor a replication of the South Carolina experience -- college students there are paying a greater portion of rising college costs than they were before the college scholarship lottery came on the scene. It's an old story. The California lottery was supposed to save education financing there. Don't look. It's a disaster area.

It's a rare state that has experienced a steady growth curve on lotteries without more expenditures on advertising, new games, more gambling. It will be interesting, too, to study demographic spending patterns versus demographics of scholarship recipients. Will there be a disproportionate transfer of lottery revenues (a tax,  essentially) from lower income groups to higher income groups? Lots of time to talk about it. Forever, really. The majority love the lottery. It's not likely to be deauthorized.

 


Favorite

Comments (16)

Showing 1-16 of 16

Add a comment

 
Subscribe to this thread:
Showing 1-16 of 16

Add a comment

More by Max Brantley

Readers also liked…

  • Women's March planned in Arkansas to mark Trump inauguration

    Speaking of Donald Trump and in answer to a reader's question: There will be a women's march in Arkansas on Jan. 21, the day after inauguration, as well as the national march planned in Washington.
    • Dec 30, 2016
  • Little Rock school activists announce events for 60th anniversary of Central High crisis

    The group is not affiliated with the official "Reflections of Progress" commemoration of the 60th anniversary. However, at least two of the Little Rock Nine may be joining the group for an event at 2:30 p.m. at the state Capitol in the Old Supreme Court Chamber.
    • Sep 14, 2017
  • Trump immigration protest at LR: Quick and fierce

    It was not even 24 hours ago that Sophia Said, director of the Interfaith Center; City Director Kathy Webb and others decided to organize a protest today of Donald Trump's executive order that has left people from Muslim countries languishing in airports or unable to come to the US at all — people with visas, green cards,a  post-doc graduate student en route to Harvard, Google employees abroad, families. I got the message today before noon; others didn't find out until it was going on. But however folks found out, they turned out in huge numbers, more than thousand men, women and children, on the grounds of the state Capitol to listen to speakers from all faiths and many countries.
    • Jan 29, 2017

Most Viewed

Most Recent Comments

Slideshows

 

© 2018 Arkansas Times | 201 East Markham, Suite 200, Little Rock, AR 72201
Powered by Foundation