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Buying a lottery ticket is not a scam. The rules are clear if you win or lose. Buying a house no longer is money in the bank. You are taking a bigger risk buying a house. In fact 99% of those who own a home see it valued less then they purchased it for.
Hey it's about choices. It's there if you want to buy it or just dont buy it. I dont want your govt (not mine) telling us what to do. I would rather see them all self destruct and die a slow death then to see them on their current path to total communism.
OK do you want to trade you house for a lottery ticket?
The government assist any number of individuals and corporations and yet they don't control their actions to such a degree. They probably should not waste their money on alcohol, cigarettes, cable television, expensive sneakers, etc... so why pick on this? It just seems mean and designed to further punish poor people.
Exactly!
But, if you're a BULLY with the bully mentality you pick on those you can pick on...and shudder in fear at the mere thought of restricting what the Wealthy Welfare Queens of Wall Street and the Banking industry SUCKED off the taxpayers.
This proposal is so retarded and easy to bypass. If I was on welfare and won the Lottery I'd just give my ticket to a family member to cash it in for me. Best thing about Tennessee is the state border. Good Grief!
Here's Minnesota's stats for 2008: FISCAL YEAR 2008 REVENUE DISTRIBUTION
Total Revenue: $463.10 million
Net Profits to State Programs: $116.26 million For every dollar spent on Lottery tickets in Fiscal Year 2008:
60.4 cents paid players prizes for winning tickets
8.5 cents was used to pay ticket, lotto vendor and administrative costs
6.0 cents was paid to retailers in the form of commissions and incentives
The remaining 25.1 cents went to the state:
13.8 cents to the state General Fund to support services such as K-12 education, health care, aid to local governments and public safety. Of this amount, $2.53 million was set aside to help combat problem gambling. From the Lottery’s inception through June 2008, $994.7 million has gone to the General Fund.
6.6 cents to the Environment and Natural Resources Trust Fund to finance projects that preserve, restore and enhance our state's natural resources. The Trust Fund is financing 31 projects, totaling $23 million, for fiscal year 2008. From the start of the Lottery through June 2008, the Trust Fund has received more than $459 million.
4.7 cents more to the state's environment, which received a boost when the 2000 Legislature reallocated the in-lieu-of-sales tax. This money, which was previously allocated to the General Fund, now goes to fish and game, parks, trails and zoos.
2.35 cents to the Game and Fish Fund
2.35 cents to the Natural Resources Fund """""""""
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Shows a few people did get "hit by lightning".
And, if the lottery goes where does the money for the things listed come from?.....Higher taxes maybe?
It would make more sense to me to enact a bill that requires any welfare recipient that comes in to ANY lump some of money (lottery, gifts, lawsuits, etc) to pay back whatever benefits they have received, and then allow the person to keep the rest. There are already limits on how much a person/family can have in savings or assets (roughly one car and up to $2000 in cash, plus a few other things..), so by the regulations already in place, once a welfare recipient comes into a large sum of cash, they are then disqualified for further benefits. Why should the government have the right to take MORE money from a person than they spent on that person, as in taking everything but $600? If I was on welfare, won a million, and had the chance to buy a home, finish college, start a business or otherwise support myself and stay the hell off welfare, why would the gvt want to take that away and leave me still eligible and on the welfare?
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