State lottery ticket sales dipped again this year, worrying school officials who depend on the revenue, and raising questions about Gov. Schwarzenegger’s plan to borrow against future lottery revenue. State Supt. of Schools Jack O’Connell said officials should consider other ways to raise money, but the governor is confident that new lottery games will help goose profits. What should be done about lagging lottery sales?
The state-run lottery adds very little to education — about 1% of total K-12 spending. Many Californians erroneously think the lottery has solved education funding needs.
So, can the governor’s plan to contract out lottery operations help the budget? Yes. But at what cost to those who can least afford to play a game with poor odds?