Posted at: 12/27/2013 9:51 AM
APPLETON, Wis. (AP) - Twenty-five years after the Wisconsin Lottery sold its first ticket, the game has generated $3.5 billion in property tax relief.
Lottery officials say they're pleased with that figure, but others say the lottery hasn't lived up to the lofty predictions that were tossed around when state residents first voted to authorize the game.
A Post-Crescent Media report says the average property tax credit was over $100 in the 1990s. For most of the 2000s it's been less than $100.
Republican state Sen. Robert Cowles says analysts were predicting the lottery would cut property tax bills in half. He says that was misguided. And Todd Berry of the Wisconsin Taxpayers Alliance says the reduction is more in the 1 percent range now.
The game has generated more than $11 billion in sales since 1988.
Information from: Post-Crescent Media, http://www.postcrescent.com
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