How did the Lottery system impact Louisiana?

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asked Dec 16, 2022 224k views

2 Answers

Lemondoge · Answer 1 · 2022-12-18T08:50:39+0000

Answer:

The owners of the company worked out an arrangement with Louisiana state government. In exchange for donating a comparatively small sum of $40,000 a year for 25 years to the Charity Hospital of New Orleans, the Company kept the rest of their revenues, tax-free.

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Rudimenter · Answer 2 · 2022-12-22T21:30:52+0000

Answer:

The owners of the company worked out an arrangement with Louisiana state government. In exchange for donating a comparatively small sum of $40,000 a year for 25 years to the Charity Hospital of New Orleans, the Company kept the rest of their revenues, tax-free.

Step-by-step explanation:

How did the Lottery system impact Louisiana?

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