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(Philly.com)   Why let your state run your state lottery, when you can spread that sweet sweet cash around to your friends and associates?   (philly.com) divider line 49
    More: Obvious, Communications Workers of America, request for proposal, opportunity costs, Macquarie Group, Garden State, desserts  
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2291 clicks; posted to Politics » on 28 Jan 2013 at 2:07 PM (2 years ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



49 Comments   (+0 »)
   
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Archived thread
 
2013-01-28 02:10:06 PM  
Christie is acting unilaterally and risking lawsuits because the privatization may be unconstitutional.

But Republicans say Obama is the tyrant.
 
2013-01-28 02:18:33 PM  
You know if people stopped wasting millions of dollars on the lottery, they'd spend more money on goods and services, which would help grow the economy, which would in turn increase tax revenue.
 
2013-01-28 02:19:50 PM  
I don't get it. If there is a profit to be made, which is the only reason a private company would want to do anything, then why doesn't keep the lottery and the profit?

Its like allowing banks to be the middleman in student loans. They do nothing but reap the profits.
 
2013-01-28 02:20:04 PM  

Epicedion: You know if people stopped wasting millions of dollars on the lottery, they'd spend more money on goods and services, which would help grow the economy, which would in turn increase tax revenue.


That was supposed to be satirical......right?
 
2013-01-28 02:21:13 PM  

Citrate1007: Epicedion: You know if people stopped wasting millions of dollars on the lottery, they'd spend more money on goods and services, which would help grow the economy, which would in turn increase tax revenue.

That was supposed to be satirical......right?


I don't even farking know anymore.
 
2013-01-28 02:22:59 PM  

Epicedion: You know if people stopped wasting millions of dollars on the lottery, they'd spend more money on goods and services, which would help grow the economy, which would in turn increase tax revenue.


The government (like any large organization) is not interested in taking rubes' money indirectly.
 
2013-01-28 02:23:25 PM  
If you need more money for schools then you could always raise taxes. Oh wait, that would mean wealthier people would have to pay more instead of getting to free ride off the lower classes who actually play the lottery. My bad.
 
2013-01-28 02:23:44 PM  
Just when I thought Christie couldn't get anymore liberal, he goes and does something like this and TOTALLY redeems himself!
 
2013-01-28 02:25:04 PM  

Spanky_McFarksalot: I don't get it. If there is a profit to be made, which is the only reason a private company would want to do anything, then why doesn't keep the lottery and the profit?

Its like allowing banks to be the middleman in student loans. They do nothing but reap the profits.


You just answered your own question.

A character in a Kurt Vonnegut novel spoke of the magic moment when large amounts of money change hands, and how a smart person at the right place and the right time can take a cut for themselves with no one being the wiser. That's EXACTLY what's going on with privatization of government services.
 
2013-01-28 02:25:49 PM  
Keep yer private hands off our gubmit lottery!
 
2013-01-28 02:26:04 PM  

NateGrey: Christie is acting unilaterally and risking lawsuits because the privatization may be unconstitutional.

But Republicans say Obama is the tyrant.


Karl Rove politics: Accuse your opponent of your own shortcomings and worst offenses early, often and loudly.
 
2013-01-28 02:28:30 PM  

Pincy: If you need more money for schools then you could always raise taxes. Oh wait, that would mean wealthier people would have to pay more instead of getting to free ride off the lower classes who actually play the lottery. My bad.


They could also just lower the odds on the lottery.  It won't stop people from playing.
 
2013-01-28 02:30:05 PM  
And this is a lovely reminder that the appearing to be somewhat less awful than the average Republican doesn't mean that you aren't a piece of shiat.
 
2013-01-28 02:30:28 PM  
Following a national trend already under way in Pennsylvania,

So one state doing something is a "national trend" now? I would have thought it would take a little more than that to identify a trend, but what do I know? I guess if 2% of a group is doing something, then everyone is doing it.
 
2013-01-28 02:31:45 PM  

Lsherm: Pincy: If you need more money for schools then you could always raise taxes. Oh wait, that would mean wealthier people would have to pay more instead of getting to free ride off the lower classes who actually play the lottery. My bad.

They could also just lower the odds on the lottery.  It won't stop people from playing.


Can you imagine how high the payouts would get if you needed 49 out of 50 matching numbers?

/Joey Donuts would then win the 3 trillion prize
 
2013-01-28 02:32:40 PM  

Epicedion: You know if people stopped wasting millions of dollars on the lottery, they'd spend more money on goods and services, which would help grow the economy, which would in turn increase tax revenue.


Dunno about you, but where I live the people hitting the lottery are the ones eating out of garbage cans and buying tiny bottles of cheap vodka. I doubt the money they made spanging makes any significant difference in the economy.
 
2013-01-28 02:42:08 PM  
Sounds legit, and not at all corrupt.  Just ask the new Executive Gaming Commissioner, Vinny "The Squid" Carmellini and his deputy assistants in charge of bustin kneecaps over dere.
 
2013-01-28 02:47:13 PM  

Spanky_McFarksalot: I don't get it. If there is a profit to be made, which is the only reason a private company would want to do anything, then why doesn't keep the lottery and the profit?

Its like allowing banks to be the middleman in student loans. They do nothing but reap the profits.


The premise given is that a private company would be better at advertising and selling tickets, hence would increase state profits. I'm not saying this is bullshiat...but this is bullshiat.
 
2013-01-28 02:47:30 PM  

Great_Milenko: Spanky_McFarksalot: I don't get it. If there is a profit to be made, which is the only reason a private company would want to do anything, then why doesn't keep the lottery and the profit?

Its like allowing banks to be the middleman in student loans. They do nothing but reap the profits.

You just answered your own question.

A character in a Kurt Vonnegut novel spoke of the magic moment when large amounts of money change hands, and how a smart person at the right place and the right time can take a cut for themselves with no one being the wiser. That's EXACTLY what's going on with privatization of government services.


You know those "It's my money, and I want it NOW!" commercials?

This is what states are doing: trading an income stream for a lump-sum payment. They would rather make less money in the long run, in exchange for a large cash infusion right now.

Example: Ohio's state-run liquor sales generate about $100 million in profit annually. That revenue stream will be diverted to investors for 25 years, in exchange for a $1.4 billion lump sum.

The bonds to finance the arrangement were going to be sold this week, but the Ohio Supreme Court agreed to hear an appeal that could stop the deal.
 
2013-01-28 02:48:53 PM  
Republican governors across the country are cutting sweetheart lottery, oil and gas deals for insider buddies at the expense of taxpayers, busting blue collar unions and their jobs at the expense of middle class laborers and tearing apart one of the few equalizers we have left in our society, public education....

... but let's not forget that Obama and his libby lib liberal cohorts think that if you're a felon looking to buy a gun you shouldn't be able to just walk past a gun shop to a gun show to do it.... so he's the one we should REALLY be worrying about here.

/ plus that farker eats arugula and spicy mustard
// Arugula! Can you believe that asshole!?
/// priorities people...
 
2013-01-28 02:53:57 PM  

mod3072: Following a national trend already under way in Pennsylvania,

So one state doing something is a "national trend" now? I would have thought it would take a little more than that to identify a trend, but what do I know? I guess if 2% of a group is doing something, then everyone is doing it.


There are like 4 states doing it now.  Illinois, Ohio, Pennsylvania, and New Jersey I think.
 
2013-01-28 02:56:20 PM  

Epicedion: You know if people stopped wasting millions of dollars on the lottery, they'd spend more money on goods and services, which would help grow the economy, which would in turn increase tax revenue.


but I totally got this system
 
2013-01-28 03:03:57 PM  
Privatization: the concept that public entities can save money by replacing their own workers with a private, profit-seeking company, which hires the same number of people to do the same exact things.

Bonus: I read in the newspaper yesterday that some school districts in South Carolina were beginning to regret privatizing school bussing. Not because they had ended up paying more for less reliable transportation (although they did), but because the new, private, bus drivers are threatening to go on strike - something public employees were not allowed to do.
 
2013-01-28 03:15:23 PM  

Parthenogenetic: Example: Ohio's state-run liquor sales generate about $100 million in profit annually. That revenue stream will be diverted to investors for 25 years, in exchange for a $1.4 billion lump sum.

The bonds to finance the arrangement were going to be sold this week, but the Ohio Supreme Court agreed to hear an appeal that could stop the deal.


Ohio licenses liquor sales to vendors.  I didn't think they had their own stores.  What are they selling to investors, the licenses?

Virginia has their own stores, and I cannot wait for the state to get rid of them.  Need liquor in Maryland?  No problem.  Liquor in VA?  Best get it before 9pm, and go fark yourself if you want it on Sunday (although they did open up some stores on Sunday).
 
2013-01-28 03:17:16 PM  

Karac: Privatization: the concept that public entities can save money by replacing their own workers with a private, profit-seeking company, which hires the same number of people to do the same exact things.

Bonus: I read in the newspaper yesterday that some school districts in South Carolina were beginning to regret privatizing school bussing. Not because they had ended up paying more for less reliable transportation (although they did), but because the new, private, bus drivers are threatening to go on strike - something public employees were not allowed to do.


There is the point that states build bloated offices to run the function so I suspect you are guessing that the private firm will hire the same 3 of employees not to mention that it will likely not hire on a patronage basis as the connection to PA's political machine. See turnpike consulting work scandal for a good example.
 
2013-01-28 03:41:37 PM  

Parthenogenetic:
You know those "It's my money, and I want it NOW!" commercials?

This is what states are doing: trading an income stream for a lump-sum payment. They would rather make less money in the long run, in exchange for a large cash infusion right now.
.


Tom Corbett (PA governator) is 63. The deal with Camelot is for 30 years. He doesn't need to give a shiat about what revenue the state will collect in 30 years.

Camelot is a British company who, according to some reports, will be taking half the proceeds off the top. They will also be operating in Deleware (out of state) to avoid taxes. They plan on increasing lottery participation from the current 10-30% to 50% of the population, introducing internet lottery ticket sales, and Keno in everyplace that has a chair to sit in. What part of this is good for anyone but Camelot and whoever is getting the kickbacks (Corbett)?
 
2013-01-28 03:55:45 PM  

Lsherm: Ohio licenses liquor sales to vendors.  I didn't think they had their own stores.  What are they selling to investors, the licenses?

Virginia has their own stores, and I cannot wait for the state to get rid of them.  Need liquor in Maryland?  No problem.  Liquor in VA?  Best get it before 9pm, and go fark yourself if you want it on Sunday (although they did open up some stores on Sunday).



lolwut? I live in Maryland and there are reasons I buy my booze whenever I'm in VA. I'd be happy to trade state run stores.

The VA state stores are a good deal cheaper and they have a better selection then their equivalents in MD. And as far as being open on Sunday.... most VA ABC stores (at least in the DC area) are open 1pm - 6pm. I live in Montgomery County MD (the county which borders northern VA, for those who don't know) and our state run stores are open 12pm - 6pm on Sundays, one whole hour more. I'll gladly trade that extra hour for significantly better prices and selection.
 
2013-01-28 03:58:03 PM  
This is what will bring the fat boy down. He can't help himself he must stuff more into his hole.
 
2013-01-28 04:18:33 PM  

Karac: Privatization: the concept that public entities can save money by replacing their own workers with a private, profit-seeking company, which hires the same number of people to do the same exact things.


Pretty much. Except I can get on board with the privatization of the PA liquor business.


/ luckily close enough to Delaware to not affect me too much.
 
2013-01-28 04:24:31 PM  

mongbiohazard: Lsherm: Ohio licenses liquor sales to vendors.  I didn't think they had their own stores.  What are they selling to investors, the licenses?

Virginia has their own stores, and I cannot wait for the state to get rid of them.  Need liquor in Maryland?  No problem.  Liquor in VA?  Best get it before 9pm, and go fark yourself if you want it on Sunday (although they did open up some stores on Sunday).


lolwut? I live in Maryland and there are reasons I buy my booze whenever I'm in VA. I'd be happy to trade state run stores.

The VA state stores are a good deal cheaper and they have a better selection then their equivalents in MD. And as far as being open on Sunday.... most VA ABC stores (at least in the DC area) are open 1pm - 6pm. I live in Montgomery County MD (the county which borders northern VA, for those who don't know) and our state run stores are open 12pm - 6pm on Sundays, one whole hour more. I'll gladly trade that extra hour for significantly better prices and selection.


Selection may be better, and the liquor may be cheaper, but once you're outside of the DC area, the availability of the stores drops off.  One nice thing about Maryland is that it's easy to find a liquor store.  You have to plan ahead in Virginia.
 
2013-01-28 04:55:37 PM  

Lsherm: Parthenogenetic: Example: Ohio's state-run liquor sales generate about $100 million in profit annually. That revenue stream will be diverted to investors for 25 years, in exchange for a $1.4 billion lump sum.

The bonds to finance the arrangement were going to be sold this week, but the Ohio Supreme Court agreed to hear an appeal that could stop the deal.

Ohio licenses liquor sales to vendors.  I didn't think they had their own stores.  What are they selling to investors, the licenses?

Virginia has their own stores, and I cannot wait for the state to get rid of them.  Need liquor in Maryland?  No problem.  Liquor in VA?  Best get it before 9pm, and go fark yourself if you want it on Sunday (although they did open up some stores on Sunday).


http://www.com.ohio.gov/liqr/About.aspx

The Ohio Division of Liquor Control ("Division") is responsible for controlling the manufacture, distribution, licensing, regulation, and merchandising of beer, wine, mixed beverages, and spirituous liquor within Ohio pursuant to Ohio Revised Code Chapters 4301. and 4303. Regulatory functions include the issuance of permits to manufacturers, distributors and retailers of alcoholic beverages. As a "control state" all beer and intoxicating liquor must be bought and sold pursuant to Ohio law.

The Division is the sole purchaser and distributor of spirituous liquor (intoxicating liquor containing more than 21% alcohol by volume) in Ohio. The Division selects and prices the products, and supplies them to private businesses at no charge. Authorized agents are owners and operators of a mercantile business selling other goods and services to the public, such as beer, wine and low proof spirituous liquor, bread, milk, and other grocery items. The liquor inventory is the property of the state, and the agents contracted to sell the products on the Division's behalf receive a commission based on sales. Agents receive a 4% commission on wholesale transactions and a 6% commission on retail transactions. Please refer to Liquor Agency Qualifications and Requirements on the Division's website for more information on becoming an authorized agent.
 
2013-01-28 05:18:11 PM  

Lsherm: Selection may be better, and the liquor may be cheaper, but once you're outside of the DC area, the availability of the stores drops off.  One nice thing about Maryland is that it's easy to find a liquor store.  You have to plan ahead in Virginia.



I regularly travel to both and I don't see much of a difference in availability of stores either. There are 27 stores in Montgomery County MD and 29 state stores in Fairfax County VA. Pretty similar, really. That's a pretty apples to apples comparison. And once your outside the DC area the Maryland state stores their aren't as many state liquor stores either. In fact, there isn't as much of anything once you start getting out in to the more rural areas. That's just the nature of urban vs. rural.

So I'm still a little confused as to what you think is better. VA state stores have better prices, better selection, very similar hours and are distributed similarly. Are you sure this isn't just a case of "the grass is always greener on the other side of the street"?
 
2013-01-28 05:20:04 PM  
Please ignore my grammar fails there. I do know the proper uses of "your" and "their", I swear. It can be hard to post when you are at work and get interrupted a few times while typing.
 
2013-01-28 05:31:01 PM  

Great_Milenko: Parthenogenetic:
You know those "It's my money, and I want it NOW!" commercials?

This is what states are doing: trading an income stream for a lump-sum payment. They would rather make less money in the long run, in exchange for a large cash infusion right now.
.

Tom Corbett (PA governator) is 63. The deal with Camelot is for 30 years. He doesn't need to give a shiat about what revenue the state will collect in 30 years.

Camelot is a British company who, according to some reports, will be taking half the proceeds off the top. They will also be operating in Deleware (out of state) to avoid taxes. They plan on increasing lottery participation from the current 10-30% to 50% of the population, introducing internet lottery ticket sales, and Keno in everyplace that has a chair to sit in. What part of this is good for anyone but Camelot and whoever is getting the kickbacks (Corbett)?


This is good news...For England. I do so love our patriotic Republican Governors who so quickly will move money from America to England. Just as the Founding Fathers intended.
 
2013-01-28 06:12:37 PM  

mongbiohazard: Lsherm: Selection may be better, and the liquor may be cheaper, but once you're outside of the DC area, the availability of the stores drops off.  One nice thing about Maryland is that it's easy to find a liquor store.  You have to plan ahead in Virginia.


I regularly travel to both and I don't see much of a difference in availability of stores either. There are 27 stores in Montgomery County MD and 29 state stores in Fairfax County VA. Pretty similar, really. That's a pretty apples to apples comparison. And once your outside the DC area the Maryland state stores their aren't as many state liquor stores either. In fact, there isn't as much of anything once you start getting out in to the more rural areas. That's just the nature of urban vs. rural.

So I'm still a little confused as to what you think is better. VA state stores have better prices, better selection, very similar hours and are distributed similarly. Are you sure this isn't just a case of "the grass is always greener on the other side of the street"?


Well, VA has to pay the leases on their stores, and it's cheaper to let the private market sort that out.  But where the MD stores really come into their own is that you can get liquor, beer, wine, smokes, and lottery tickets at them.  They can be one stop shops.  In VA, all you get is liquor, and absolutely nothing else.  MD stores have better weekday hours, too.

I realize the downside to this is that you can't buy beer at MD grocery stores.
 
2013-01-28 06:36:22 PM  

Epicedion: You know if people stopped wasting millions of dollars on the lottery, they'd spend more money on goods and services, which would help grow the economy, which would in turn increase tax revenue.


Yeah, it's a shame that the State just takes all that lottery revenue and burns it.
 
2013-01-28 06:49:29 PM  
"The company must make a $120 million deposit this year to cover costs for failing to meet projections, and the state already has budgeted most of that money "

Hahaha!  We're requiring you to post a bond just in case you don't perform.  We're going to set the performance goal so low there's no way you can miss it.  So we're going to spend your bond as if you've already missed the goal, even though we don't have a contract yet.

But don't call it a bribe; it's a performance bond.
 
2013-01-28 06:49:40 PM  

Lsherm: Well, VA has to pay the leases on their stores, and it's cheaper to let the private market sort that out.  But where the MD stores really come into their own is that you can get liquor, beer, wine, smokes, and lottery tickets at them.  They can be one stop shops.  In VA, all you get is liquor, and absolutely nothing else.  MD stores have better weekday hours, too.

I realize the downside to this is that you can't buy beer at MD grocery stores.



The MD stores don't get their retail space for free, they pay leases too just like the VA stores. And check those links in my last post - the weekday hours are identical for the most part. 10am to 9pm for the vast majority of stores in both states.

Yes it's nice I can buy wine, beer and liquor at most MD run stores, but if you buy outside those stores here in MD the prices - which are already higher than VA's - are usually exhorbitant (there are a few specific exceptions). Particularly in MoCo where they have a county monopoly on ALL alcohol sales.... so anything you buy in your neighborhood store has already been marked up by the county, meaning ludicrous prices for everything with alcohol in it from most neighborhood stores.

And the whole grocery store thing, oy vey, don't get me started on that... I walk in to even a 7-11 in VA and can buy beer and wine. Can't do that in MD.

So there are a few differences.... Just saying, in the final analysis Maryland doesn't really have it any better than you do down there. I live in MD but I don't buy my booze almost exclusively in VA for no reason.
 
2013-01-28 07:33:18 PM  

mongbiohazard: Yes it's nice I can buy wine, beer and liquor at most MD run stores, but if you buy outside those stores here in MD the prices - which are already higher than VA's - are usually exhorbitant (there are a few specific exceptions).


I'll go out on a limb and venture a guess that the prices are tax related. You guys raise taxes up there for sport ;)

You're right, there aren't many differences between the states.  I'd still like Virginia to license out liquor sales to people who apply for permits because I do truly believe we'd get better coverage throughout the state, not just in the populated parts.  Of course, keeping beer and wine in the grocery is something I'd like to keep as well.
 
2013-01-28 08:15:00 PM  

NateGrey: Christie is acting unilaterally and risking lawsuits because the privatization may be unconstitutional.

But Republicans say Obama is the tyrant.


So, it's ok if Obama does it.
 
2013-01-28 08:35:11 PM  

Lsherm: I'll go out on a limb and venture a guess that the prices are tax related. You guys raise taxes up there for sport ;)



No. Our alcohol tax is actually considerably lower than yours. VA's alcohol tax is around 3-4 times higher than MD's. It's all about an extra middleman.

The really exorbitant rates we get from private stores in MoCo are because ALL alcohol sold in Montgomery County (beer, wine, liquor, whatever) must first be purchased from the distributors by the county and then resold to the retail outlets who want to sell them. So the store is marking it up so they can make a profit and stay in business...... but the price they paid for their merchandise was already marked up for profit when it was sold to them by MoCo.

It also means you're limited by what MoCo chooses to import. So if you run a private liquor store and you take a vacation to Oregon and find a new wine you really like that you think your customers would go nuts for? Well, too bad. Until MoCo decides to buy some and resell it to you you're shiat out of luck. You sell what they let you sell and nothing else.

MD does have a higher tax burden in general than VA, but oddly enough your alcohol taxes are much higher than ours. Considering how much cheaper booze is in VA I'd have to say that the effects of taxes on retail prices are obviously often exaggerated.
 
2013-01-28 09:02:02 PM  

mongbiohazard: No. Our alcohol tax is actually considerably lower than yours. VA's alcohol tax is around 3-4 times higher than MD's. It's all about an extra middleman.


Huh, didn't know that.  I'm wondering if the methodology they are using for state run liquor tax estimates are actually correct, though.  The fine print on that table references a DSSC estimate.  If Virginia is actually adding $20 per gallon for spirits, then they aren't paying anything wholesale.  You can get 1.75 liters of cheap vodka for under 20 bucks.  Before Christmas I was going to buy a 750ml bottle of Smirnoff to make some pumpkin smoothies at the in-laws and it was $18.99 a bottle.  The guy at the counter pointed out that the 1.75 liter bottle was $19.81.  Less than a dollar for more than twice the liquor.

mongbiohazard: It also means you're limited by what MoCo chooses to import. So if you run a private liquor store and you take a vacation to Oregon and find a new wine you really like that you think your customers would go nuts for? Well, too bad. Until MoCo decides to buy some and resell it to you you're shiat out of luck. You sell what they let you sell and nothing else.


To be fair - the same rule applies in VA.  If the state liquor stores don't carry it, you're SOL.  They will occasionally special order liquor, but it has to be on their approved "special order" list and you have to wait a few weeks for it to come in.  It's also crazy expensive when it does.  I wanted to get some scotch for my father-in-law and it was going to be $180 for a bottle I could order off the internet for $75.  It would be illegal for me to order spirits over teh web, so I didn't do that, nosiree.
 
2013-01-28 10:33:42 PM  
Or as it's better known in old school Jersey...The Numbers Racket.

/gangster all the way
 
2013-01-28 10:49:02 PM  

Tumunga: NateGrey: Christie is acting unilaterally and risking lawsuits because the privatization may be unconstitutional.

But Republicans say Obama is the tyrant.

So, it's ok if Obama does it.


Yes.
 
2013-01-28 11:02:28 PM  

NateGrey: Tumunga: NateGrey: Christie is acting unilaterally and risking lawsuits because the privatization may be unconstitutional.

But Republicans say Obama is the tyrant.

So, it's ok if Obama does it.

Yes.


I dig it.
 
2013-01-29 12:49:33 AM  

NateGrey: Christie is acting unilaterally and risking lawsuits because the privatization may be unconstitutional.

But Republicans say Obama is the tyrant.


I don't think we have a one-tyrant limit in this country, so it could be both. That is, assuming that Christie gets an adverse court ruling like the one that we already have in Obama's case that proves the contention to be true.
 
2013-01-29 12:57:15 AM  
I can see the state supplying public goods that the market is unwilling or unable to produce -- that is what it's supposed to do, after all -- but what exactly is the state interest in promoting a certain form of gambling? Is there some vast gambling shortage that will occur if the government isn't involved? "Ohmygod, we are at critical Scratch-its levels, and the Powerball is seriously depleted!"

I think that the state should let private enterprise (except Donald Trump, who's a dick) handle it, and then tax the hell out of it. Make it so that lottery operators (and casino operators, if they are included) whine 24/7 about how high their taxes are (though not quite high enough to profit black market operators). If there is a desire to make sure that poor people, or dumb people, or welfare recipients, or whatever don't gamble, then they can regulate it. If the state is merely adding public jobs with excellent benefits -- well, there are more worthy institutions to support than the local lottery office. "Please gamble, because Tommy needs textbooks!" is a rather unseemly message for a publicly-funded institution.
 
2013-01-29 02:43:57 AM  

thenooch: Lsherm: Pincy: If you need more money for schools then you could always raise taxes. Oh wait, that would mean wealthier people would have to pay more instead of getting to free ride off the lower classes who actually play the lottery. My bad.

They could also just lower the odds on the lottery.  It won't stop people from playing.

Can you imagine how high the payouts would get if you needed 49 out of 50 matching numbers?

/Joey Donuts would then win the 3 trillion prize


The odds would be 50-1 to get every number correctly if you had to guess 49 out of 50. MATH!
 
2013-01-29 03:48:49 PM  
I believe in most cases, State Gov. remove the exact amount from education as the lottery brings in for a net gain in educational funds of ZERO.
 
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