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From an economic perspective, the price of lotto tickets has far-reaching implications. The revenues generated from ticket gross sales contribute significantly to state budgets, funding initiatives in schooling, infrastructure, and public welfare. In the 2020 fiscal yr, for example, lotteries in the United States reported gross revenues exceeding $27 billion, a good portion of which stemmed from ticket sales. Adjusting ticket costs can immediately have an effect on these revenues |
