Dependable Erection

Wednesday, April 05, 2006

Lipstick on a pig

The News and Observer reports that the initial rollout of the North Carolina lottery "fell just short" of projected sales in its first week. Lottery director Tom Shaheen is quoted as describing a "very huge, successful startup."

Bullshit.

Lottery sales, especially for the scratch-off games, go nowhere except down after their introduction. They'll spike occasionally when the jackpots reach the upper 8 or 9 figure range, as office workers pool their 10 spots to buy a couple of hundred tickets at a time, dreaming of retirement in St. Thomas, but generally, opening week is as good as it gets.

Just watch as the lottery advertising budget starts eating up more and more of lottery revenues. In the end, the schools end up with squat.

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