Public lotteries have a long history. From Caesar Augustus (where tickets had prizes of slaves, real estate, and ships) to European governments during the Middle Ages (which relied heavily on lotteries for revenue), state-run lotteries have continually proven lucrative, according to the Encyclopedia Britannica. Not surprisingly, the United States of America also has a long…

Can a National Lottery Fix the U.S. Federal Debt? – Pros & Cons is a post from the Money Crashers personal finance blog.

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