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The US Economy Is So Bad… Even Lottery Sales Are Collapsing
Wednesday, January 14, 2015 17:41
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Zero Hedge
For what appears to be the first time on record, Powerball Lottery Sales declined year-over-year. As the following slides show, lottery sales declined 19% in FY14 vs FY13 and even more stunningly reflective of a nation whose disposable income (and hope) is in such short supply, sales in the first half of FY15 are down 40% from the first of FY14. As LaFleurs concludes, this will make it very challenging for most Lotteries to manage their budgets…
Lottery Sales are plunging…
and the first half of 2015 looks even worse…
And it’s widespread…
