June 14, 2005
"Jackpots could reach $500 million or more with California in the game, Roogow predicts. Besides allowing California residents to participate, the change will raise the stakes for ticket buyers in the 11 other states that participate.
The revenue has become crucial. States made a net $14 billion from lotteries in fiscal 2003, according to the Tax Foundation, a Washington-based, non-partisan tax policy organization. "