Which of the following is an accurate statement regarding the Texas state lottery?
A. It has continued to provide sufficient funds for all educational expenditures in the state since its initial adoption.
B. It was eliminated in 2012 following the creation of a state income tax.
C. It was first established in 1986 to provide dedicated funds for infrastructure projects like highway improvements.
D. As early as 1997, it began failing to generate projected revenues.
Answer: D
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