There has been a story in the news this week that the Minnesota State Lottery sales have hit yet another record. This is the fifth consecutive record breaking year for ticket sales. Many people, including the officials overseeing the lottery were a little surprised to see $520 million in sales (up $15.6 million from last year). Not everyone is so shocked though. Analysis by academics has indicated that gambling, especially in the form of the lotto spikes in hard economic times. Many people buy a ticket with a little extra money when making other purchases and it gives them hope, even though the odds may not be very good.
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