Is the lottery right for Tennessee?

The research reported in this paper seeks to present an in-depth review of state lotteries. To accomplish this objective, I first examine the factors favoring lottery introduction including some of the arguments for and against lotteries. Then, I examine the effects lotteries have had in other states to predict the possible influence a lottery will have on Tennessee state revenues and state spending for public education. Finally, in this paper, I analyze budget data over a series of years to make possible some conclusions as to the longer term effects of state lotteries.