The Iowa and Kansas lotteries announced a joint effort to fleece folks of $3.12 million: an instant-scratch lottery game called Midwest Millions. 1.2 million scratch tickets will be sold for $10 each:

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What are your chances? 64.7% of the tickets will get nothing. The other 35.3 % will share the 74%, $8.8 million, payout. The mob rakes in a cool $3.12 million.

Hey, if this isn’t theft or fraud perhaps we should set up a private business to operate a few of these upstanding scratch ticket games?