Illinois lottery sales jump 22% – Quad City Times

Lottery sales in fiscal year 2021 surged 22% to more than $3.4 billion, the highest total since the Illinois Lottery began operation in 1975. Illinois received $786 million in tax revenue from the lottery — more than half of its 2021 gaming tax revenue — with most of it distributed to the state’s Common School Fund.
1 Comment
Newest
Oldest Most Voted
Inline Feedbacks
View all comments
Willowglen
4 years ago

A highly regressive tax

SIGN UP HERE FOR FREE WIREPOINTS DAILY NEWSLETTER

Home Page Signup
First
Last
Check what you would like to receive:

FOLLOW US

 

WIREPOINTS ORIGINAL STORIES

Mark Glennon on AM560’s Morning Answer: Chicago pension buyout plan mostly shifts debt rather than eliminating it, property tax surge doubles inflation over three decades

Chicago’s political leadership is floating a pension buyout program as evidence it is seriously addressing the city’s thirty-six-billion-dollar unfunded pension liability, but Mark Glennon, founder of the Illinois policy research organization Wirepoints, said that the proposal moves debt from one column to another rather than reducing it, and that the broader fiscal picture facing the city continues to deteriorate across every measurable dimension. Audio here.

Read More »

WE’RE A NONPROFIT AND YOUR CONTRIBUTIONS ARE DEDUCTIBLE.

SEARCH ALL HISTORY

CONTACT / TERMS OF USE