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Wednesday, December 29, 2010

Record setting lotto sales in Va., Md.

By Washington Post editors

Virginia and Maryland's lotteries racked up record revenue over the past year, providing cash-strapped governments with funding for schools, police and other critical services, the Washington Examiner reports.

Virginia Lottery sales totaled more than $1.4 billion in the last fiscal year and Maryland's topped $1.7 billion -- both new records for the states -- with nearly half that money, a total of about $1 billion, ending up in the states' coffers. The profit from sales is providing a financial boon at a time when many states face significant budget shortfalls.

Read more about record lottery sales in Maryland and Virginia in the Washington Examiner:

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