Which of the following statements about state lotteries is false?
A) State lotteries are monopolies, with competing private lotteries banned.
B) State lotteries are highly controversial, with critics and defenders still debating their merits.
C) Fewer than half of the states in the U.S. have state lotteries because of their controversial nature.
D) The payout rates of state lotteries are substantially lower than in private betting operations like casinos.
Correct Answer:
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