Welcome to City-Data.com Forum!
U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > General Forums > Politics and Other Controversies
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
Reply Start New Thread
 
Old 04-01-2012, 08:35 AM
 
Location: On the Chesapeake
45,396 posts, read 60,592,880 times
Reputation: 61012

Advertisements

As we say in Maryland:

YOU'VE GOT TO PLAY TO WIN!!!!!!!!!!
Reply With Quote Quick reply to this message

 
Old 04-01-2012, 08:37 AM
 
Location: Maryland
18,630 posts, read 19,421,721 times
Reputation: 6462
Quote:
Originally Posted by Mrs. Skeffington View Post
Don't they realize that if they win, they may end up being part of the dreaded "one percent"?

Everybody has the right to dream. We have occasional lottery pools at work, but only for the really big jackpots.
We have a regular pool twice a week. It averages around 20 people but balloons to about 70 for the big ones.

I'd say the average income in the pool is in excess of 60K a year.
Reply With Quote Quick reply to this message
 
Old 04-01-2012, 08:37 AM
 
6,734 posts, read 9,342,697 times
Reputation: 1857
Quote:
Originally Posted by alphamale View Post
Most of the people that I know who are heavy lottery players are barely making ends meet.

This just goes to show that people have misplaced priorities.
No, it's not a tax on anybody.
Reply With Quote Quick reply to this message
 
Old 04-01-2012, 08:37 AM
 
4,255 posts, read 3,480,513 times
Reputation: 992
Or invest what you would spend in a mutual fund and instead of having a miniscule chance of having money , actualy make some.
Reply With Quote Quick reply to this message
 
Old 04-01-2012, 08:47 AM
 
3,045 posts, read 3,193,705 times
Reputation: 1307
Quote:
Originally Posted by alphamale View Post
Most of the people that I know who are heavy lottery players are barely making ends meet.

This just goes to show that people have misplaced priorities.
Well all that goes to show is that the people who you know who are poor are heavy lottery players and that you don't understand logic. It's a stacked sample. That your friends do this doesn't mean that everyone does this.

Why didn't you stop being lazy and just look up some statistics around who plays the lottery. That'd be much better than making up an opinion off of your empirical observations.
Reply With Quote Quick reply to this message
 
Old 04-01-2012, 08:54 AM
 
Location: Eastern NC
20,868 posts, read 23,558,348 times
Reputation: 18814
Its not a tax, you volunteer to play.
Reply With Quote Quick reply to this message
 
Old 04-01-2012, 08:55 AM
 
Location: Great State of Texas
86,052 posts, read 84,495,743 times
Reputation: 27720
Quote:
Originally Posted by alphamale View Post
Most of the people that I know who are heavy lottery players are barely making ends meet.

This just goes to show that people have misplaced priorities.
No it's not a tax.
As P.T. Barnum once said.."There's a sucker born every minute"
Reply With Quote Quick reply to this message
 
Old 04-01-2012, 09:02 AM
 
29,939 posts, read 39,468,904 times
Reputation: 4799
It's a tax.

What makes it a tax is after all the money is piled into a lump sum governments then take their share out.

It's like all the poor people standing around and gathering up all their money into a pile and then giving all of it to a few or maybe even just one person.

It's a regressive tax and liberals sold it off as a means to pay for education. What it actually does is allow money that used to pay for education to be moved around to something else. It was a rouse when it was first started and it's still one today.
Reply With Quote Quick reply to this message
 
Old 04-01-2012, 09:04 AM
 
29,939 posts, read 39,468,904 times
Reputation: 4799
Quote:
Originally Posted by HappyTexan View Post
No it's not a tax.
Sure it is. That money is not concentrated all to one person without a tax on it. It has a far higher tax rate than say something you buy at the store and at least you get something when you pay that tax. Hopefully it's something that helps sustain your life and not just some worthless pieces of paper like the N.Y. Times.
Reply With Quote Quick reply to this message
 
Old 04-01-2012, 09:08 AM
 
Location: Here
2,301 posts, read 2,033,947 times
Reputation: 1712
The lottery is a tax not so much on the poor, but on those who do not understand mathematics. Following the laws of probability in relation to the amounts being won, a lottery ticket is a bad investment, that is, most of the time. That's precisely why the various lottery commissions make money and the lotteries exist in the first place. However when a lottery pool becomes massive, a purchased ticket might actually be a good investment. It works like this; if a person buys a lottery ticket for $1 and the lottery is a million dollars, and there is less than a million tickets sold, then a $1 ticket is technically a good investment. The math is on the side of the ticket purchaser. It's kind of a ratio thing. I do not know whether this past lottery was a "good investment". But when the pay-out gets really huge, a second factor would be; how much money can a person possibly use?
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:


Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > General Forums > Politics and Other Controversies
Similar Threads

All times are GMT -6. The time now is 02:41 AM.

© 2005-2024, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Contact Us - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37 - Top