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STUMP Classics: How Reliable Are Lottery Revenues?  

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21 hours ago

Back in 2017, New Jersey decided to make the state lottery an “asset” for the pension plans.

As noted in yesterday’s post, it looks like the NJ Lottery took a hit, just as New Jersey needs more money for the pensions. [Hmm, ain’t that the way.]

So let me revisit my post on state lottery revenues from 2017. I’m heavily editing from the original [skipping a data quality discussion], and then adding...

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