Gambling

The Biggest Lottery Winners Are States


(Corrects Wisconsin and West Virginia labels.)

Lotteries have the longest odds of any form of legal betting—and yet they’re a consistent moneymaker, generating roughly $50 billion in 2010 sales for the 43 states that operate them. The Bloomberg Rankings Sucker Score represents the portion of personal income a state’s residents lose on lotteries.

Here's how it's calculated: [(Total annual ticket sales - total annual prize payout) / total annual personal income of the state’s residents] x 10,000
McIntyre is an analyst for Bloomberg Rankings.
Young is a reporter for Bloomberg News.

We Almost Lost the Nasdaq
LIMITED-TIME OFFER SUBSCRIBE NOW

(enter your email)
(enter up to 5 email addresses, separated by commas)

Max 250 characters

 
blog comments powered by Disqus