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Cost of vaccination drive may not have significant impact on state government finances: ICRA

State governments could absorb the cost by making small cuts in revenue or capital expenditure as the total cost for all states was estimated at Rs 50,000 crore, said Aditi Nayar, the firms chief economist, during a virtual conference on Wednesday.

The 10 States Most Dependent on the Federal Government

The 10 States Most Dependent on the Federal Government When it comes to jobs and revenue, these states lean most heavily on the federal government. This story originally appeared on SmartAsset.com. The U.S. is a federal republic, meaning that power is held by both the central federal government, located in Washington, D.C., and by the governments of every state and territory that make up the union. But the “division of powers” isn’t as simple as it seems and neither is the division of finances, since states rely on the federal government for money and various programs to help them operate. With all this in mind, SmartAsset crunched the numbers to see which states are the most dependent on the federal government.

States Most Dependent on the Federal Government - 2021 Edition

This Is the State Where People Spend the Most on the Lottery

This Is the State Where People Spend the Most on the Lottery Douglas A. McIntyre © Provided by 24/7 Wall St. Though the odds of winning the jackpot are astronomically low, Americans still spend billions of dollars on the lottery each year in the hopes of striking it rich. Across the 44 states that have some kind of lottery available, Americans bought $81.6 billion worth of lottery tickets in 2019. These states doled out $52.7 billion in winnings, with the difference covering the costs of administering the lottery and going to pay for schools and other state programs. On average, an American adult spent about $320 on lottery tickets in 2019. This figure varies widely across the country though. In five states, the typical adult spent less than $100 per year on lottery tickets, while in five other states, lottery spending per adult exceeds $500. Lottery spending per person nearly hits $1,000 in one state.

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