Phillip Young – 6 kids – scratched $1MM lottery ticket last Saturday

Coolly walked out the door of Citgo – Adamsville – west ATL

“slid the ticket in my pocket and didn't tell anyone. Just couldn't believe it was real”

47 year old – played Millionaire Super 7's

Take home $690K after taxes

“Christmas will very merry”

690K – almost as much as Margaret DeFrancisco made this year to run the lottery

Salary of $286K plus bonus of $236,500 = $522,500

Governor makes $135,281

3 Senior VP's got bonuses of $50K – so their comp higher than Governor also

4 folks running a state monopoly – highest paid officials in the state

Tony Campbell – Board chair – Georgia Lottery Corp – says it is crucial

Attract and retain talent – record year of 3.4BB in sales – 853Mm to education

25% goes to education – rest goes to winnings and marketing

Production incentives necessary – set goals and reward for meeting them

Publicly owned corporation

Lottery is a monopoly – does not have to fight for customers

If I set up competition – I go to jail

How hard can it be to run this public corporation with no competition?

Wanna buy a lottery ticket, only get one choice - state

Half million a year?

monopoly – set up by state to rape its own citizens

To take money from poorest (who buy the tickets) by selling them a one in a million chance

Target market the poorest populations and neighborhoods

State charged with caring for its people – protecting them not raping them

Then use the money to send primarily middle and upper class kids to college (GA study)

Fewer kids than ever qualifying because of new standards

Take from the poor and give to the rich

And pay Margaret DeFrancisco $500K to do it – fewer scholarships

Not sure how the state government sleeps at night

Embarrassing to me – moral cancer in middle of state

Radiation, chemotherapy and surgery on the whole thing and clean up own own souls



Miscellaneous :

If started tax on the poorest of $3.4 Bb a year – would be revolt in the streets

5% account for 50% of sales – nearly all of those are from the poorest areas

KY – 79% bought by those with per capita income below the per capita average of $20K

MD – 47% bought there

Target market – documented in Delaware, Chicago – billboards, location of lottery machines, ad campaigns – Journal of Policy Analysis and Management

Better chance of getting struck by lightning than winning

Good intentions, immoral method

About 20% keep the scholarship for all 4 years – B average

60% of blacks lose it within first two years – 45% of other races

40% of Georgia HS students are eligible – due to more stringent requirement – 35% drop because of new standards

No numerical standard, determined by state not locally, only AP and IB weighted, all core classes attempted not just highest grades