How lotto affects the economy

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Sike_lottery

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The government also receives taxes from the Lotto companies and I understand that that they receive huge amount of money from these companies which is quite good because it is one of the ways to generate income and to make money for the country. So in this regard, it is one of the ways which lotto as impact positively to the economy of the country.
 
On the positive side, lotteries can generate revenue for state governments, which can then be used to fund public services. On the negative side, the lottery can also lead to increased spending and debt.
 
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