Our New York lottery results page displays the latest winning numbers and prize amounts from the official lotteries of the state. All information is the original data published on the official websites of the lottery and is updated automatically every day.
Whether you’re a fan of the big-money games like Powerball or smaller games such as Take5, NY Lottery has something for everyone. The results of the NY lottery are posted online each day shortly after the official drawing, and winning payouts can usually be retrieved within a few days. If you’re looking to win the jackpot, be sure to buy a ticket!
The first legalized lotteries were promoted as a way to fill state coffers without raising taxes. But Cohen shows that such a claim was largely unfounded: The profits from the games were tiny by comparison with the costs of running a state. In the first year of operation, New Jersey’s lottery brought in thirty-three million dollars, or about two per cent of its budget.
As the nation entered the late twentieth century, Cohen explains, state finances were squeezed by a combination of factors, including population growth, inflation, and rising war costs. As a result, many states struggled to balance their budgets while still providing generous social safety net services. This made it difficult for politicians to raise taxes or cut services in a manner that would enrage voters.
In this context, lotteries became popular, as they offered an easy-to-approach revenue solution that posed no threat to the welfare state. And since the early years of the modern era, a growing number of states have adopted them.