What I Learned About the Lottery from the Economist of a Remote Pacific Island

Pio is an economist educated in the US Ivy League, who serves his native island of Zoa in many capacities, including Director of the Lottery. I was introduced to him at a meeting of economists in Seattle, and he opened my eyes to a factor that drives our year-on-year increases in Instant game sales. Economists agree: if money is getting cheaper, it takes more of it to express the same value, year after year. NASPL Insights June 2015

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