Well, Andrew, Iโ€™m not that keen on sin taxes either. I have several objections to state lotteries. Here are two: It raises money for the government which, in general, Iโ€™d rather it didnโ€™t have; and itโ€™s unfair, since private companies canโ€™t start their own lotteries. I believe the studies on the economic impact of gambling have been inconclusive.