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States in U.S. Gambling With Lotteries as Sales Slide

Even the lure of multimillion-dollar jackpots hasn’t been a sure bet for cash-strapped U.S. states to keep lottery revenue on the rise.

Income from lottery-ticket sales in fiscal year 2009 fell to $52.3 billion, a 0.9 percent drop from the previous year, according to data released by the Census Bureau. It was the first decline since 1998 and cut profits by $511 million from a year earlier to $17.7 billion, leaving states with less cash to balance budgets and aid cities and towns.