Asked by Joshua Murray on Jun 25, 2024
Verified
Only a few states use state-run lotteries to increase their revenues and pay for expenditures.
State-run Lotteries
Lotteries operated by state governments in which participants buy tickets for a chance to win monetary prizes, often contributing to public funding.
- Compare the different sources of state and local government revenues.
Verified Answer
JB
Jacob BucherJun 30, 2024
Final Answer :
False
Explanation :
Many states in the United States use state-run lotteries as a means to increase their revenues and help fund various public expenditures, such as education, parks, and infrastructure projects.
Learning Objectives
- Compare the different sources of state and local government revenues.
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