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Where does the rest of the lottery money go?
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Jan 12, 2023 · Mega Millions lottery: Where does lottery money go in different states? The Mega Millions' estimated jackpot has increased to a total of $1.35 billion — the second-largest jackpot in the game's ...
Oct 4, 2021 · So do important state causes. October 4, 2021. In New York State alone, 2020 lottery ticket sales totaled nearly $10 billion. So, when you buy a lottery ticket, where does that money go? You can feel good knowing that lotto ticket sales fund worthy causes in 47 states across the country. While 50-60% of lottery funds end up in winners ...
Apr 30, 2022 · About 10% of the lottery revenue goes toward administrative costs and overhead for running the game. This includes costs like advertising, staff salaries, legal fees, ticket printing, and other necessities. The rest of the lottery money goes to the states who participate. With Powerball, for example, the funds are divvied out based on ticket ...
- Sandra Grauschopf
Jan 13, 2023 · Americans spent over 105 billion dollars on lottery tickets in 2021, according to SmartAsset. NBC’s Zinhle Essamuah has more on where all the money from ticket sales goes when it is not given ...
- 3 min
Oct 22, 2018 · Since 2009, the scratch-off ticket sales have benefited veterans' assistance, contributing more than $101 million in that time. For this latest doozy of a Mega Millions jackpot, there are 44 ...
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