EconoMeter: Does the Lottery Have any Economic Benefit?
EconoMeter: Does the Lottery Have any Economic Benefit?
U-T San Diego -- Q: Do lotteries have any economic benefit? (Did you play the Mega Millions?!)
Alan Gin, University of San Diego
Answer: No
They do raise money for certain causes, e.g., education in California, and the winners obviously benefit greatly. (Full story)