Saturday, July 20, 2013

Extra Ohio Lottery profits to schools? Are you kidding?

The profits from the Ohio Lottery go to fund the state's schools. So what happens when the profits are higher than expected? You got it! The additional state funding gets cut by the amount of the unexpected additional amount. So it's really just a big shell game. But you're not surprised, are you?

I'm guessing this only works one way. If the Lottery profits come in under budget, there is no corresponding increase in state funding to make up the difference.

Here's the full article, courtesy of The Columbus Dispatch, from Thursday [sic], July 19.

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