make WWAY your homepage  Become a fan on facebook  Follow us on twitter  Receive RSS Newsfeeds  MEMBERS: Register | Login

North Carolina Lottery sales up in a down economy

READ MORE: North Carolina Lottery sales up in a down economy
lottery300.jpg
We have all seen the pictures, the big checks and the grins because someone just became a whole lot richer. That is a dream people keep chasing. Even with a down turning economy, ticket sales for the North Carolina Education Lottery are looking up. The last time someone in North Carolina won the lottery was two years ago in Halifax. But that hasn't stopped anyone from spending cash to dream of cool millions. Last year, the lottery pulled in $152 million. This year, sales are up 25 percent. For people who play, it is all about keeping the faith. One dedicated lottery player, Fabian Carr said, "One thing about playing, you got to believe you could or else you're not. You can never give up on it, but you also have to balance your money and your spending.” This is a concept many have difficulty with. Janice Olds, a frequent player said, "If you don't play, you can't win. I'm tired of hearing about everybody else win, win, win. I would like to double my chances." A spokesperson from the North Carolina Lottery Commission believes the increase in ticket sales has nothing to do with the economy, and everything to do with people budgeting differently to take their chances. The reality is, your chances of winning a jackpot is one out of more than one hundred million people. "It provides a lot of false hope. I use to play it and I lost more than I won. After you look at your monthly income, you have more going out than coming in," said Wilmington resident David Dyer. A local gas station employee, D Wilson said, "They are going to play. They are going to find that dollar to play the lottery for a chance to win that jackpot." The current Powerball jackpot is at $15 million. A winner in New Mexico walked away with a $200 million pay off for the last Powerball drawing on Saturday.

Disclaimer: Comments posted on this, or any story are opinions of those people posting them, and not the views or opinions of WWAY NewsChannel 3, its management or employees. You can view our comment policy here.

»

The Lottery...

"Redneck" retirement planning.

NC should join "Hot Lotto"

With Florida joining Powerball in January, the game will be changed so the jackpot will be even HARDER to win. Partly because of this, NC should join the steadily-growing "Hot Lotto" game, which is now played in 12 Powerball states and the District of Columbia. Hot Lotto is a smaller, multi-million-dollar jackpot game; it also has its own multipler, the "Sizzler" tripler.

No news here!

You can track economic downturns by lottery sales in states that have had lotteries for many years. The simple fact is that when the economy goes South, lottery ticket sales surge. The other predictable behavior is that "sin stocks" do well: Tobacco and alcohol stocks. People may be unemployed and broke, but they'll always figure out a way to find ten bucks for beer, cigarettes, and that precious lottery ticket. I guess I understand. When all you have going for you is a dream, you try to keep the dreams coming....because if you stop dreaming, you may as well climb into the coffin and pull the dirt up over you.

Common

the best thing ever is when your behind someone at a store and they purchase 50 dollars worth of lotto tickets and then 5 dollars worth of gas.