It seems as if young Americans are showing less interest in buying lotto tickets than their parents. As a result, lottery officials worry about the odds for future growth.
Questions:
1. What is the current trend seen in lottery buying? Include percentages and demographic information quoted in the article.
2. What are the key reasons for these trends?
3. How are states trying to make lottos more attractive to “next generation” players?
4. What is lottery revenue typically used to fund?
Source:
Dobuzinskis, A. (2017). U.S. lottery operators worry as fewer millennials line up to play. Reuters, Feb. 10 (Retrievable online at http://www.reuters.com/article/us-usa-lottery-idUSKBN15P16U)