Lottery Commission Wants Prize Increase
From www.tulsaworld.com ~ Members of the board that oversees the Oklahoma lottery will press lawmakers again to increase lottery prize money as a way of generating more cash for education. At a meeting Tuesday, officials warned that lottery proceeds will drop off in future years if prize money is not increased.
They said lottery sales in Oklahoma also will suffer in the near future because of the economic climate and competition from a new Arkansas lottery, which likely will not have restrictions on prizes that are in Oklahoma law.
Jim Scoggins, executive director of the lottery, said the future of the games providing needed funding for education is at stake. Scoggins said if prizes are not enough to keep people playing, revenue will drop off year after year. "Every year it goes on, it is just going to get worse," he said.
He said case studies show increasing the amount of money going to lottery prizes has increased sales and revenue in other states. Lottery officials tried in vain to get the change a year ago. The proposal was bottled up after opposition from Republican leaders.
They said lottery sales in Oklahoma also will suffer in the near future because of the economic climate and competition from a new Arkansas lottery, which likely will not have restrictions on prizes that are in Oklahoma law.
Jim Scoggins, executive director of the lottery, said the future of the games providing needed funding for education is at stake. Scoggins said if prizes are not enough to keep people playing, revenue will drop off year after year. "Every year it goes on, it is just going to get worse," he said.
He said case studies show increasing the amount of money going to lottery prizes has increased sales and revenue in other states. Lottery officials tried in vain to get the change a year ago. The proposal was bottled up after opposition from Republican leaders.
Labels: Lottery
posted by Mike McCarville @ 12:27 AM
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