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U.K. Lottery operator wants to create global super-lottery

Topic closed. 25 replies. Last post 10 years ago by pumpi76.

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Honduras
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Posted: March 12, 2007, 4:17 pm - IP Logged

One thing i just realize they could do with 1 Trillion dollars is they could find the poorest country in the world Like Haiti or some African country (but more Haiti because is a small country in size and population) and put the 1 Trillion dollars in the bank and make the money earned in interest (6%= 60 Billion dollars) from those 1 Trillion dollars be the GDP of that 1 poorest country in the world....Do you know what Haiti for example will do with 60 Billion dollars each year as its GDP....That's more money than what any Latin American country makes in 1 year...With that money earned from interests, Haiti will become the new Central American and Caribbean Powerhouse....

And maybe the Banks with 1 trillion dollars with them they would be able to lend more money to people and ask for less interest on money borrowed....(in the run, we all benefit)....

So maybe they couldn't change the whole world but they could change 1 nation at a time, the poorest one....So they could do a 1 Trillion dollar lottery but where the 1 Trillion dollars is going to go to the poorest country in the world...

GDP is basically how much money a country makes in 1 year (basically the country's salary)...But don't go on the internet looking for countries GDP because you are going to find misleading information or you may not find it....

But the point is for the country with the earned interest as its GDP not to borrow any more money or get in Debt (wealth Management)....

And i heard that with a lot of money, you don't actually and necesarily get 6% but more....And if this is true, then Haiti will be getting who knows 70 or 80 Billion dollars each year as its GDP...

 

 

"Laura Simpson from Great Lakes, Illinois deserves to be rich...."        "She is so rare....."

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    Honduras
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    Posted: March 13, 2007, 12:02 am - IP Logged

    And if Haiti earns 6% interest on 1 Trillion dollars, it will surpasse 1 Trillion dollars in 16 years...And if they pay Haiti more than 6%, let's say 8% or 10% earned interest, Haiti will have surpass 1 Trillion dollars in 10 to 12 years....So in the long run it will make more money than what it has originally invested.....

     

     

    "Laura Simpson from Great Lakes, Illinois deserves to be rich...."          "She is so rare..."

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      Honduras
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      Posted: March 13, 2007, 5:09 am - IP Logged

      I find it a little bit racist (don't know if is intentionally) to want to go to a deserted, perhaps dead Mars and live there, when there is an entire continent, not really populated and undiscovered by humans and is called Africa....

      And when i say to try and fix Africa, i don't mean to channel the money to feed hungry people, i mean constructing roads, skyscrapers, building a Gigantic Bridge or subway that will link Africa to Europe, airports, littering the continent with roads/highways, maybe (i don't know) trains, creating ports, etc..Your goal is to attract tourist...It makes me mad when i hear that in S. Africa they are planning to kill elephants because there are too many of them, knowing that the continent is GIGANTIC...So i say is important to create a lottery that will make a person trillionaires and then create a Global sort to speak Telethon that will collect 1 trillion dollars each year and make the 1 Trillion dollars earn interets and the money collected from earned interest (6%= 60 Billion dollars or more each year) go to the poorest countries in the world as GDP....It doesn't have to be a telethon it could be a lottery played by people but the soly winner is one of the poorest countries in the world...But most of the time, A Trillionaire is going to give to other charities, that don't have a heavy necessity as others and he would end up throwing money away....is not only dumping into the right charity but also selecting the right issues (when i say issues i mean stuff that will have impact to many people, not just helping/giving)....

      YOu can't select 1 lottery winner and make him/her a Trillionaire only, because if he/she decides to help Africa or a really poor country he will do so but is not giving a country a salary, something to sustain that country each year so it will eventually continue to be poor....And remember, from that 6% (or more) money earned in interest, the country would have exceed 1 Trillion dollars in 16 years, and if is more than 6% the country would have accomplished it in less time....That's why you also need to select a gigantic telethon or a gigantic lottery that makes a really poor country a winner...We can not erradicate poverty in the world but i think we can do something about extreme poverty...Poverty i say is indirectly proportional to the growing population....That's why i believe that the greatest threat to the earth is the planet's population....

      About crimes involving money:

      And like how i said before, i believe that if you set up an easy lottery game like Massachussetts's "Number" game, but more easier and not too easy you MIGHT/MAY see less people robbing banks if not any, less people in SCAMS, less people stealing, less ransom kidnapps, less drug sell (lots of people sell drugs to make money, not necesarily to consume it)(why people sell drugs?because they want to make money, why people take drugs? because they want to get high and i am thinking more of developing countries) (no one sells drugs because he wants to be a notorious king, the boss or the godfather)(there are rare cases), less ATM theft, less identity theft, less credit card theft, less hackers, i mean any crime involving money...All crimes involve money?Killing, perofilia, stabing, shooting someone don't involve money....Whether is a permutation game easier than the number game style of game or a pick4, 1 to 22-25 that would pay 5,000 dollar jackpot, or a not hard game that will pay a jackpot of 25K or above (but more of a game like WVa cash25, where they can be multiple winners if each match the numbers) (or a not hard game that will give 75K and above).....(again you will have to study, run simulations, and experiment with it and the number of casualties (how many people end up losing to create 1 winner)...

      I mean how easy it will be to ride to the store bet on your 35%-43% hard game with no need to call your broker (it will be the stock market of common/poor people) or an intermediary, and if you lucky (which should be very often) win 200 dollars that same day....But i was thinking more of a permutation pick4 game with the weight of a pick4, 1-16 type of game.....

      the hardest thing is setting the odds right, is got to be the right way, the PERFECT way....Something like 35-43% hard, (you see 50% hard means half easy half hard)....

       

       

      "Laura Simpson from Great Lakes, Illinois deserves to be rich..."        "She is so rare....."

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        Posted: March 14, 2007, 1:58 am - IP Logged

        If Camalot can't even get Germany to join Euromillions what's the chance of this happening. Also working out how they would deal with different currencies would be tough. Canada's dollar fluctuates far more against the Euro than the Pound does.

        They would also have to stick with coutries that have a national lottery relatively low corruption and don't tax lottery income. That could include EU members, Australia, Canada, New Zeland, Japan and maybe a few more. The US would be off the list due to tax on lottery income.

        It would be nice to think such a lottery could happen but I'm certainly not going to hold my breath. 

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          Honduras
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          Posted: March 14, 2007, 12:11 pm - IP Logged

          I think they may choose countries with big population..For example the Phillipines has more people than germany...They could choose the Phillipines....I don't know but i always had a inclination against Germany becoming greater than what it is right now...I don't know but i never trust that country, specially after what came from there....But i feel compasion for them because they play the sport i love.....Somehow i wouldn't want Germany on the list of the 50 countries, I wouldn't want no one from Germany becoming the richest person in the planet, only if is a jew....

          If i am not mistaken, the German lotto is weird, the winner is the least number selected...

          I think is enough that Germany is like the 4th or 5th richest country in the world...

           

           

          "Laura Simpson from Great Lakes, Illinois deserves to be rich...."          "She is so rare....."

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            Honduras
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            Posted: March 14, 2007, 7:00 pm - IP Logged

            If the U.S can create a Trillion dollar lottery but to pay the national debt, then the following i think can help

            The GDP of the U.S is 12 Trillion dolllars every year...The GDP of China is 10 Trillion dollars every year... 

            And you know what i just realize:

            The U.S GDP is 12 trillion dollars a year so i read..And the national debt is 8 trillion...I am sure if the U.S can set aside 2 trillion dollars in the bank and let the money earned on the interes (6%= 120 Billion dollars annually) can go to pay the national debt and in 16 years the U.S would have gotten 2 trillion dollars and in 32 years the U.S would have gotten 4 trillion dolllars...But i've been told that the interest on millions of dollars is higher than 6% perhaps 8% or 10%, so if the interest on 2 Trillion dollars is 10% then the U.S would have gotten 2 Trillion dollars in 10 years, and 4 Trillion dollars in 20 years....In 30 years the U.S would have gotten 6 Trillion dollars...And that's if the U.S wants to remain competitive against China economy, who in 2,030 something is projected to surpass the U.S Economy...

             

             

            "Laura Simpson from Great Lakes, Illinois deserves to be rich...."        "She is so rare...."

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              Honduras
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              Posted: March 14, 2007, 11:21 pm - IP Logged

              If the U.S sets aside 2 trillion dollars in 30 years (at 10% earned interest) the U.S would accumulate 6 Trillion dollars plus the 2 Trillion dollars it has in the bank, to a total of 8 Trillion dollars....

              If the U.S sets aside 2 trillion dollars in 32 years (at 6% earned interest) the U.S would acummulate 4 Trillion dollars plus the 2 Trillion dollars it has in the bank, to a total of 6 Trillion dollars...

              The world is not going to stop if the U.S sets aside 2 trillion dollars from is 12 Trillion dollars annual/yearly GDP....

              I was thinking the U.S setting aside 2 trillion dollars but if they want to go ahead and create a 1 Trillion dollar annual Lotto and let the revenue pay the national debt then more power to them....And just to prove that the word: "Lotto/Lottery" is a powerful word...

               

               

              "Laura Simpson from Great Lakes, Illinois deserves to be rich...."            "She is so rare......."

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                Honduras
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                Posted: March 19, 2007, 2:13 pm - IP Logged

                Now if 50 countries start a 1 Trillion dollar lottery and you then take the 1 Trillion dollars and give it to each of those 50 countries but the first year you make the first country that is going to receive the 1 trillion dollars wait 10 to 14 years while earning interest and then in 10 to 14 years that country should have 2 trillion dollars which is going to put in the bank and live offf the interests so that first country in 10 to 14 years is going to start enjoying its additional 120 Billion dollars annually along with its GDP and so it goes the second country that ought to receive the 2nd 1 trillion dollars until it reaches the last country (the 50th country)....After the last country the last country will have to wait 10 to 14 years and this whole process of enriching all 50 countries should take from 60 to 64 years....After those 60 to 64 years each country will be 120 Billion dollars richer and this is counting at 6% earned interets, but if is 8% or 10% each country will receive from 160 Billion to 200 Billion dollars each year as its GDP all from earned interets....But the keyword is 10%...Why?Because if each country receives 10% earned interets then each country will have to wait 20 years only and afterwards they will start making 300 billion dollars a year (each country) additional to its GDP and the entire process will last 70 years...This process resembles closely what a lottery is..They could play the lottery to see which country comes first...And this process is more efficient than creating 70 Trillionaires in 70 years...But despite that i will have to admit that 1 trillionaire with 1 trillion dollars could fix global warming somethinghat countries in unison and agreement will tend to take an enternity to fix...But trillionaires are greedy people, they will want that money for themselves, and just to satisfy their egoes...and trilionaires if they open up bussiness are like supernovas they gobble up people's money....But just because the world is richer doesn't mean is better, it will still be fulled of diseases and hunger.....I think the best thing to do is to create a 1 Trillion dollar Telethon and use the 1 Trillion dollars to find the cure of diseases...For instance the world will be the same way if it was cured of diseases than if it was richer...For example if sexually transmitted diseases didn't exist we all would be screwing around instead of watching TV...And Women will have more than 1 partner....So i think the most efficient thing to do is create a 1 trillion dollar Telethon...

                And you could always create a 1 Trillion dollar telethon and a 1 trillion dolar lottery to give it to each nation 1 at a time until you reach all 50 countries and reach 70 years....The 1 trillion dollars from the telethon they don't need to put it in the bank...And how you find cures for diseases? i think you put rewards for whoever finds the cure for "X" disease...

                A third thing they could do is create a 3rd trillion dollar lottery but that the winner is the poorest countries in the world or African countries..You then take the 1 trillion dolar that the country (the poorest in the world) was going to get and let that country wait 20 years and in 20 years that country will be making from 120 Billion dollars a year to 200 billion dollars.....You may not have to do all African countries but only the poorest countries in the world, it all depend on the earned interest....If is 10% on 1 trillion dollars....

                The 2 things that will change this world forever and once the world is changed we will all live happily ever afer are:  cure for all diseases......& finding a protein or the capsule/pill that will genetically ingeneered us and alter use and change our race from one race to the next...I think that if we all look alike or we all could change race/pigmentation/hair style from one week to the next, i am sure this world will be a better place....And i am sure we will all be white, from asia to south america....

                 

                 

                "Laura Simpson from Great Lakes, Illinois deserves to be rich...."        "She is so rare...."

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                  Honduras
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                  Posted: March 19, 2007, 2:24 pm - IP Logged

                  I also realize something..1 trillion dollar is a very powerful word actually saving 1 trillion dollars in the bank is a powerfull word...Why because if you have 1 trillion dollars and you put it in the bank and if they give you 8% or 10% earned interets preferably 10% then in 10 years you would have accumulated that money (1 trillion dollars) in 10 years...You then take that 2 trillion dollars you put it in the bank and make it earn interest and in 5 years you will have accumulated 1 trillion dollars, so you then take those 3 trillion dollars put it in the bank, earn interest and in 2 years and a half you will have accumulated 1 trillion dollars...You then take those 4 trillion dollars and in 1 year and 3 months you will have accumulated 1 trillion dollars...With 1 trillion dollars i don't think the stock market or any stock market could help you gain that much...But the keyword is 10% earned interets..That's how much you need the bank to give you as earned interest...And is secured in the bank too...

                   

                   

                  "Laura Simpson from Great Lakes, Illinois deserves to be rich....."        "She is so rare....." 

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                    Honduras
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                    Posted: March 23, 2007, 2:13 am - IP Logged

                    so if you do the math and you read what i posted earlier, then each of the 50  countries in 19 years and 4 months will be making 600 Billion dollars a year if they wait 20 years (actually 19 years and 4 months)...For all the 50 countries to finish making each 600 Billion dollars a year it will take the last country 69 years and 4 months before starting to make 600 Billion dollars a year..... 

                     

                     

                    "Laura Simpson from Great Lakes, Illinois deserves to be rich........"        "She is so rare....."

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                      Honduras
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                      Posted: March 23, 2007, 4:09 am - IP Logged

                      But even though 600 Billion dollars a year as GDP for a all 50 countries sounds good, it is at the most...At the least each of the 50 countries would be making 400 Billion dollars a year...How? If you take 1 Trillion dollars you put it in the bank for 10 years and you earn interest; in 10 years you would have accumulated 1 trillion dollars....You then take those 2 trillion dollars put it in the bank on the 10th year and set it for another 10 years at 10% earned interest, and in 20 years total you would have 4 Trillion dollars....You can then after those 20 years have passed put those 4 Trillion dollars in the bank, and after that you will be making 4 Billion dollars each year....So each country would be making 400 Billion dollars a annually along with its GDP....The sad part of it is that it doesn't include taxes...Money from earned interest is considered "income" so it must pay taxes...And if you are in the U.S that's half the money earned on interest.....And it will take the 50th country (whatever it is), 70 years to eventually start enjoying those 400 Billion dollars annually....I know that some of you may find it hard for a bank to give you 10% earned interest.....But here in Panama, i seen on billboards banks advertise 7% fixed rate, and i seen on T.V something about 9% in mortgage (here in Panama) and how it is better than what any bank would give you....And my thing is if these things could exist, something deep inside tells me that with more than 3 Billion dollars, a bank has to give you a high earned interets; perhaps a 10.00%.....

                       

                       

                      "Laura Simpson from Great Lakes, Illinois deserves to be rich...."        "She is so rare....."