PDA

View Full Version : Mega Millions...



eg8r
03-30-2012, 03:17 PM
How many people accepting some form of government assistance are spending their load on a $640 million lottery ticket today?

eg8r

Soflasnapper
03-30-2012, 05:03 PM
If you meant the entirety of a monthly check or something, it would be a small percentage.

eg8r
03-30-2012, 08:22 PM
I meant merely wasting any money. I know the it would be a small percentage who would be spending their entire check but don't you find it troublesome that the percentage would be higher than 0 anyways?

The lottery is a tax on the dumb. The problem with that is a very large percentage of society under the poverty line fall into this category.

eg8r

Qtec
03-31-2012, 05:19 AM
Its not a tax, its a gamble.
For a couple of $ you get the chance to be a multimillionaire overnight. Its the American Dream. Its also the best bet there is. Small wager for a big prize.
Sure, the chances of someone winning are small but as they say, somebody's got to win it.

Q

LWW
03-31-2012, 05:23 AM
What a tool you are.

There are people in prison for running gambling operations with far better odds for the gambler.

All the lottery is, is a redo of the old numbers racket ... Don King got his start there.

Qtec
03-31-2012, 06:56 AM
<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: LWW</div><div class="ubbcode-body">What a tool you are.

There are people in prison for running gambling operations with far better odds for the gambler.

All the lottery is, is a redo of the old numbers racket ... Don King got his start there. </div></div>

LOL. You are recommending betting with guys who are in prison?????????

Who is the tool?

50/50, those are good odds right? The lottery gives the winner $560 million. At 50/50 odds, you would have to put up $280 million.
Got that cash handy or do you have a spare $2 to win the same amount by betting on a longshot?

Q

Soflasnapper
03-31-2012, 10:19 AM
<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: eg8r</div><div class="ubbcode-body">I meant merely wasting any money. I know the it would be a small percentage who would be spending their entire check but don't you find it troublesome that the percentage would be higher than 0 anyways?

The lottery is a tax on the dumb. The problem with that is a very large percentage of society under the poverty line fall into this category.

eg8r </div></div>

Maybe 10 years ago, by one account I read, gambling made up to 15% of all discretionary spending (probably including vacation travel costs, lodging costs, etc., plus the actual gambling losses).

All of gambling, not just lottery play, hurts the poor, but also the non-poor. In fact, the typical occasional one-day casino gamble probably costs more than years of typical lottery play at $1 buck a toss.

The states have decided to take money they are afraid to tax for, as instead the hidden tax of legal gambling, which probably does disproportionately harm the poorer citizens.

However, as the alternative is to actually raise TAXES (OMG!), good fiscal conservatives know they must stick with the hidden tax.

eg8r
03-31-2012, 03:26 PM
While you are trying to make this a partisan discussion I have no interest in that. I wonder how many people receiving government assistance in any way whatsoever paid one single dollar for a lottery ticket.

eg8r

eg8r
03-31-2012, 03:27 PM
<div class="ubbcode-block"><div class="ubbcode-header">Quote:</div><div class="ubbcode-body">Its not a tax, its a gamble.
</div></div>It is a tax on dumb people. They have no chance of winning. Gambling is getting behind the wheel and driving through a major city. At least sofla recognizes it for what it is.

eg8r

Soflasnapper
03-31-2012, 03:35 PM
<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: eg8r</div><div class="ubbcode-body">While you are trying to make this a partisan discussion I have no interest in that. I wonder how many people receiving government assistance in any way whatsoever paid one single dollar for a lottery ticket.

eg8r </div></div>

Counting SS recipients as well?

eg8r
04-01-2012, 12:56 PM
I guess leave them off, since you have to pay in to receive. This really shouldn't be too hard to understand...people who are receiving assistance from the government financially to support themselves or their family.

My view is that if they want to better their lives then save the money from the lottery tax and buy some clothes to use for an interview.

eg8r

Qtec
04-02-2012, 05:25 AM
<div class="ubbcode-block"><div class="ubbcode-header">Quote:</div><div class="ubbcode-body">They have no chance of winning. </div></div>

Ha. What a lie.

Apparently, 3 people are now multi-millionaires!

Q.......... /forums/images/%%GRAEMLIN_URL%%/grin.gif.

eg8r
04-02-2012, 07:00 AM
LOL, I know you don't want to do the math so you just open your mouth and look stupid. Good job.

eg8r

Qtec
04-03-2012, 04:43 AM
<div class="ubbcode-block"><div class="ubbcode-header">Quote:</div><div class="ubbcode-body"> I know you don't want to do the math </div></div>

Listen, Dilhole, you said they had "no chance of winning", look it up.

YOU were wrong, just admit it.


Q........eg0r doesn't speaky the english.


Oh, here it is, the Great Prophet speaks............

<div class="ubbcode-block"><div class="ubbcode-header">Quote:</div><div class="ubbcode-body">It is a tax on dumb people. <span style='font-size: 26pt'>They have no chance of winning.</span> </div></div>

Soflasnapper
04-03-2012, 10:01 AM
I saw a surprising stat, that the expected return from $1 of powerball or megamoney was $1.83 or something like that.

Which I do not believe.

eg8r
04-03-2012, 01:53 PM
Me either. Funny to see qtip's responses though. Seems he doesn't understand our language very well.

eg8r