barryqwalsh
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- Sep 30, 2014
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Louisiana’s lottery, which pumps millions into public schools each year, could face new competition if efforts underway to create a lottery in Mississippi are successful.
It’s unclear how much revenue the lottery brings in each year from Mississippi residents who cross the state line to play in Louisiana.
But increased competition for the lottery could be especially unwelcome as the state increasingly relies on money generated through it to fund education. Louisiana is facing a $750 million shortfall in the budget that begins July 1 and is required to fund K-12 education at a certain level, regardless of whether the money comes from the lottery or comes at the expense of other services.
Louisiana Lottery could take a hit if legislative efforts in Mississippi are successful
It’s unclear how much revenue the lottery brings in each year from Mississippi residents who cross the state line to play in Louisiana.
But increased competition for the lottery could be especially unwelcome as the state increasingly relies on money generated through it to fund education. Louisiana is facing a $750 million shortfall in the budget that begins July 1 and is required to fund K-12 education at a certain level, regardless of whether the money comes from the lottery or comes at the expense of other services.
Louisiana Lottery could take a hit if legislative efforts in Mississippi are successful
