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Ohio's economy may be floundering, but Ohioans are still buying a lot of lottery tickets. That's the word from the state lottery commission. Spokeswoman Marie Kilbane gave a financial update to statehouse correspondent Bill Cohen.
Kilbane says that last year, the lottery generated more than $728 million in profits for schools. That was the second highest amount in state history. Kilbane stresses, though, that lottery profits still make up onnly about 4% of total education funding. The overwhelming bulk of school money comes from state income and sales taxes and from local property taxes. |
