$340 Million Powerball

David Dyer-Bennet wrote:

"Jay Honeck" writes:

From my perspective, the lottery is just a "stupid tax" that I am
not required to pay. However, many others do...

That's my perspective, too.

Yet, today, for some reason, Mary and I blew a $5 bill on FIVE (count 'em
-- FIVE!) Powerball tickets!

That's five more than we've ever bought before! (We actually had to ask
the clerk how to play the lottery. The people in line were
incredulous...)

I feel so, so, I don't know....*stupid*...

:-)

I've called it "paying my stupidity tax" quite often myself.


Here in Massachusetts, only a fraction of the lottery ticket proceeds goes
to the winning pot. More than 50% (I believe) goes to the education
department. Might be wrong on the percentage - I'll have to check.

So buying a lottery ticket helps the State Education department. And,
eventually, SOMEONE wins the pot.

Gregg

Replicas of 15th-19th century nautical navigational instruments,
Restoration of my 1919 Herreshoff S-Boat sailboat, and
Steambending FAQ with photos:
http://home.comcast.net/~saville/index.html

"gregg" wrote

Here in Massachusetts, only a fraction of the lottery ticket proceeds goes
to the winning pot. More than 50% (I believe) goes to the education
department. Might be wrong on the percentage - I'll have to check.

So buying a lottery ticket helps the State Education department. And,
eventually, SOMEONE wins the pot.

I would have to ask, what was the education budget from the general funds,
and what is the budget after the lotto came to being? My guess is that the
general fund expenditures that go to education now are less than what they
were before.

Another telling stat, is what was the was the per pupil expenditure before,
and what it is at present? If the lotto is doing what it is supposed to do,
the per pupil expenditure should be greater now, than before.
--
Jim in NC