| OCR Text |
Show Americans Spend Hundred Millions on Lotteries, Etc.' Between 1935 and 1940, Amer- icans spent on foreign lotteries and sweepstakes approximately $1,000,-000,000 $1,000,-000,000 annually, about two-thirds of which went to racketeers, says Collier's. Besides the millions of1 tiqkets sold on fake drawings more than 40 per cent of those sold on real lotteries were counterfeits. Approximately 25 per cent of the genuine tickets sold on such opera, tions as the Irish Hospital Sweepstakes Sweep-stakes were worthless, as the agents here destroyed the stubs and pocketed the money. I |
