Alaska has been a resource-rich state, thanks to its oil industry. Residents receive an annual check based on the state’s fluctuating oil prices. Since 1959, the money has flowed, leaving few reasons for lawmakers to seek alternatives to fill the state’s coffers.
However, the Last Frontier’s economic situation has changed since COVID-19. As a result, the historically anti-gambling state is now considering legalizing gambling in Alaska.
In 2020, Gov. Mike Dunleavy proposed lottery legislation. Although nothing is official, a state lottery appears likely to emerge in the near future. If this happens, any lottery proceeds will be earmarked for education and community programs.