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    <title>California looks to British lottery model</title>
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    <description>Lottery Post News Story: California looks to British lottery model</description>
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      <title>Comment #4</title>
      <link>http://www.lotterypost.com/news/164822/916647</link>
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      <pubDate>Mon, 22 Oct 2007 15:11:37 GMT</pubDate>
      <dc:creator>savagegoose</dc:creator>
      <description><![CDATA[why not cut out the middle man, run a lottery where if u win u get that much needed hoaspital admission.<br /><br />woo hoo i won a hip replacement,<br /><br />i got a heart bypass, looks like ill have to take up smoking]]></description>
      <category>savagegoose</category>
      <wfw:comment>http://www.lotterypost.com/reply-topic.aspx?td=916647</wfw:comment>
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      <title>Comment #3</title>
      <link>http://www.lotterypost.com/news/164822/916018</link>
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      <pubDate>Sun, 21 Oct 2007 05:20:14 GMT</pubDate>
      <dc:creator>four4me</dc:creator>
      <description><![CDATA[If California lottery is having problems with it sales then they should revamp the lotteries operations, and prize payouts and push the sales department to run a better ad campaign.<br /><br />Selling the state lottery would only be a short term fix for the state budget. In a year or so they would still be in the money hole, looking for more ways to make money from selling state assets.<br /><br />The lottery is a cash cow why would anyone want to sell a money maker.<br /><br />Lets revise the lottery not sell it.]]></description>
      <category>four4me</category>
      <wfw:comment>http://www.lotterypost.com/reply-topic.aspx?td=916018</wfw:comment>
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      <title>Comment #2</title>
      <link>http://www.lotterypost.com/news/164822/916003</link>
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      <pubDate>Sun, 21 Oct 2007 04:23:12 GMT</pubDate>
      <dc:creator>time*treat</dc:creator>
      <description><![CDATA[California is seeking to become the first US state to privatize its lottery to raise as much as $37 billion ( 18 billion,  26 billion) ...<br /><br />which they will promptly p!$$ away, then be back.<br /><br />Some of Wall Street's biggest investment banks have made unsolicited approaches to the state to convince it of the merits of privatization...<br /><br />'cause there'z underwritin' fees in that thar idiocy.<br /><br />California was in dire financial straits...<br /><br />which wouldn't have anything to do with their high tax... [&nbsp;<a href="http://www.lotterypost.com/news/164822/916003">More</a>&nbsp;]]]></description>
      <category>time*treat</category>
      <wfw:comment>http://www.lotterypost.com/reply-topic.aspx?td=916003</wfw:comment>
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      <title>Comment #1</title>
      <link>http://www.lotterypost.com/news/164822/915989</link>
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      <pubDate>Sun, 21 Oct 2007 03:48:22 GMT</pubDate>
      <dc:creator>dvdiva</dc:creator>
      <description><![CDATA[If they are really looking than look at the fact that in the UK lottery jackpots are paid in tax-free cash. Otherwise Vegas has a better dollar spent vs. post tax dollar won ratio.]]></description>
      <category>dvdiva</category>
      <wfw:comment>http://www.lotterypost.com/reply-topic.aspx?td=915989</wfw:comment>
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      <title>California looks to British lottery model</title>
      <link>http://www.lotterypost.com/news/164822</link>
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      <pubDate>Sun, 21 Oct 2007 00:44:08 GMT</pubDate>
      <dc:creator>Todd</dc:creator>
      <description><![CDATA[California is seeking to become the first US state to privatize its lottery to raise as much as $37 billion ( 18 billion,  26 billion), with some of the funds used to finance governor Arnold Schwarzeneg ger's sweeping health care reforms.<br /><br />Some of Wall Street's biggest investment banks have made unsolicited approaches to the state to convince it of the merits of privatization.<br /><br />Goldman Sachs, Lehman Bros, JP Morgan, Bear Stearns, Citi, Merrill Lynch, Morgan Stanley and UBS have all made pit... [&nbsp;<a href="http://www.lotterypost.com/news/164822">More</a>&nbsp;]]]></description>
      <category>* Original News Story</category>
      <wfw:comment>http://www.lotterypost.com/reply-topic.aspx?td=915882</wfw:comment>
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