Please Explain: The Lottery

The Leonard Lopate Show | Oct 6, 2011

We’ll find out how lotteries work and why we play. Victor Matheson, Associate Professor of Economics at College of the Holy Cross in Worcester, Massachusetts, and  Brent Kramer, a data analyst at the Fiscal Policy Institute, and Adjunct Assistant Professor at Borough of Manhattan Community College, tell us where lottery money comes from, where it goes, and look at what the odds are of winning it big!

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