EDITORIAL >> Lottery on path to gross $500M
We suspected all along Arkansans liked to gamble: You couldnít miss the Arkansas license plates in neighboring states where casinos are allowed. At least now much of that money that was gambled away across the border will stay at home and presumably help students get college scholarships ó maybe as much as $100 million a year.
Many people hate the idea of the lottery, but thousands of their neighbors, who voted to approve the lottery amendment last year, are betting they will hit the jackpot and buy their dream home and get out of debt. Or go broke trying and forget about clothes or shoes for the kids.
Wait till the Powerball games start on Oct. 31. Revenues are expected to surge, although lottery officials are lowballing anticipated income so they can point to skyrocketing revenues as proof of their brilliance.
One day, lottery fever will come back to earth. Thatís when you can expect a push for casinos ó they already exist at Oaklawn and Southland ó along the Arkansas River. Donít say we didnít warn you.