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Missouri Senate to discuss privatizing state lottery

Topic closed. 37 replies. Last post 6 years ago by mayhem.

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Captain Lotto's avatar - CaptLotto
Jefferson City, MO
United States
Member #55250
September 20, 2007
97 Posts
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Posted: March 4, 2011, 10:07 am - IP Logged

A couple of things - governments are made up of people, just like corporations.  There are certainly smart people in government, just as there are some idiots in the private industry.  Don't be so quick to dismiss the experience of public employees just because they work for the government. 

Secondly - there are a number of people in every state who don't favor the Lottery.  Usually, it's because they make money from a segment of the population who may not be wise with how they spend their money, or lack an understanding of odds. Because of these critical opinions, not only are Lotteries constrained by legislators who wish to see them banished, they also take great care not to "prey" on a population that is vulnerable. 

I think that's a good balance. I'm suggesting that not all Lotteries are "underperforming" and that seeking to increase profit could have detrimental effects on the public.

Captain Lotto

"Every day is a good day!"

    mightwin's avatar - questns

    United States
    Member #103786
    January 5, 2011
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    Posted: March 4, 2011, 11:42 am - IP Logged

    I wonder how much the states would actually save? If a private company takes over running the lottery, does that mean alot of the state workers, in positions, within the lottery be terminated? Would contracts with local printers of instant tickets be terminated as well?Or would the private company just be incharge of designing the games and advertising?

      RJOh's avatar - chipmunk
      mid-Ohio
      United States
      Member #9
      March 24, 2001
      19825 Posts
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      Posted: March 4, 2011, 12:39 pm - IP Logged

      In Ohio,GTECH already provide the system (terminals, scratch off tickets and such) to play the games.  The Ohio Classic Lotto (6/49), Rolling Cash5 (5/39), Pick3/4 and Keno have a standard format that all states use so it's unlikely those games could be made more profitable.  MegaMillions and PowerBall aren't totally controlled by the states so there probably wouldn't be much change there either so the saving would probably be made by running the games with fewer people.

      One way to have fewer people would be to stop maintaining lottery terminals at small retailers that don't sell that many tickets and never have enough cash on hand to pay the winners that they do sell so some people would lose their jobs and fewer retailers would sell lottery tickets.

       * you don't need to buy more tickets, just buy a winning ticket * 
         
                   Evil Looking       

        mightwin's avatar - questns

        United States
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        January 5, 2011
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        Posted: March 5, 2011, 1:27 pm - IP Logged

        In Ohio,GTECH already provide the system (terminals, scratch off tickets and such) to play the games.  The Ohio Classic Lotto (6/49), Rolling Cash5 (5/39), Pick3/4 and Keno have a standard format that all states use so it's unlikely those games could be made more profitable.  MegaMillions and PowerBall aren't totally controlled by the states so there probably wouldn't be much change there either so the saving would probably be made by running the games with fewer people.

        One way to have fewer people would be to stop maintaining lottery terminals at small retailers that don't sell that many tickets and never have enough cash on hand to pay the winners that they do sell so some people would lose their jobs and fewer retailers would sell lottery tickets.

        I don't think cutting out small retailers would save money, they make their $ from getting a small portion of each ticket sale plus if they don't sell a certain amount each week they get charged a fee for low sales (at least in michigan). Yeah its kinda confusing, the lottery says they will still be in charge but the private company would be running it. Wheres the savings actually coming from?

          RL-RANDOMLOGIC's avatar - usafce

          United States
          Member #59354
          March 13, 2008
          3966 Posts
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          Posted: March 6, 2011, 8:03 am - IP Logged

          @truecritic:  Remember, they are only talking about privatizing the operation of the lottery.  The lottery itself still belongs to the people (i.e., the government = the people).

          When a state privatizes a lottery, they are hiring an outside company to run the lottery, but the government (the people) still owns the lottery.  It's like a store owner hiring someone else to run the store, and trusting (but verifying) that they do a good job.

          Todd

          I think it's called outsourcing, anytime I can get something done for $20.00 that cost me $25.00 to do

          myself I see as a good idea.   Sometimes just releaving the headaches of day to day operations can 

          justify the change. 

          RL

            RL-RANDOMLOGIC's avatar - usafce

            United States
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            Posted: March 6, 2011, 8:07 am - IP Logged

            PS

            Just don't outsource to foregin countries, I think enough of that has been done already. 

            RL

              RL-RANDOMLOGIC's avatar - usafce

              United States
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              March 13, 2008
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              Posted: March 6, 2011, 9:45 am - IP Logged

              And to keep everything on the up and up I think the link below would work very well for those

              in charge.

              http://www.youtube.com/watch?v=Y1yobLezkgU&feature=related

              RL

                mayhem's avatar - 142g5yd
                Fort Worth, TX
                United States
                Member #106060
                February 11, 2011
                188 Posts
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                Posted: March 19, 2011, 8:07 pm - IP Logged

                Private companies are much more competitive and efficient with their time and money than a state run institution will ever be. Some people Missouri realize this. I see no reason to fear privatization.