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Officials form lottery pool in attempt to clear town's debt

Insider BuzzInsider Buzz: Officials form lottery pool in attempt to clear town's debt

Local officials in a small German town are banking on a lottery win to keep the local council from going bust.

Town councilors in Blumberg near the Swiss border say their community of 10,660 residents has one of the largest debts in Germany, at £1,700 per head.

The group of local politicians have now formed a lottery syndicate [pool], playing twice a week with their own money.

Local finance officer Thomas Lauble said: "The most important figures in my week are now the seven numbers drawn each Wednesday and Saturday in the national lottery."

In case of a big win the group has signed an agreement making it clear that any money gained from the lottery winner will go into the community treasure chest.

Councilor Birgit Friederich admits that a big win "cannot be factored into the community finances", but said a "few million euros would bring welcome relief".

Ananova

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4 comments. Last comment 12 years ago by DoctorEw220.
Page 1 of 1

United States
Member #3676
February 10, 2004
425 Posts
Offline
Posted: February 21, 2005, 12:42 pm - IP Logged

Sometimes if you BE IT, THEN DO IT , YOU WILL HAVE IT!. Most common folks like to Have it, then do it, then be it. But if works best the other way around.  Just some sage advice, I bet these yahoos actually do win it soon.

    dvdiva's avatar - 8ball

    United States
    Member #2338
    September 17, 2003
    2063 Posts
    Offline
    Posted: February 21, 2005, 5:05 pm - IP Logged

    I don't think a lottery would help a government like this. This is the worst and most desperate plan i've heard yet.

      Justin's avatar - hatchap
      Stevens Point
      United States
      Member #6457
      August 24, 2004
      3030 Posts
      Offline
      Posted: February 22, 2005, 4:56 pm - IP Logged

      they sound crazy lol.

      I believe life is about finding someone you cant live without

      And showing them how much you care every day of every month of every year

        DoctorEw220's avatar - alien helmet.jpg
        Yinzer Country, PA
        United States
        Member #4067
        March 18, 2004
        2741 Posts
        Offline
        Posted: February 22, 2005, 5:35 pm - IP Logged

        i have a feeling that the government is going to wind up in worse shape.

        I've redone my website.  Go to www.dr-ew.com.  I kept a lot of the old stuff, and I've added some new stuff.  Look for more new stuff in the coming weeks.