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How lottery tickets are helping states' budgets

Topic closed. 16 replies. Last post 3 years ago by Gleno.

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Gleno's avatar - Lottery-001.jpg
New Jersey
United States
Member #80354
September 25, 2009
705 Posts
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Posted: March 3, 2014, 11:02 am - IP Logged

Don't know how N.J.'s decision to allow online casino gambling, would help its budget. In my opinion, online casino gambling may hurt state lottery sales.

 A survey of lottery post members would be interesting to see, if they would  consider online casino gambling over the state lottery, or would they consider both options. 

"Just asking" to quote Jay Leno. Will send N.J. lottery a message,asking this question. 

 

What?

    Gleno's avatar - Lottery-001.jpg
    New Jersey
    United States
    Member #80354
    September 25, 2009
    705 Posts
    Offline
    Posted: March 3, 2014, 2:54 pm - IP Logged

    You are right about throwing money at education. Notice that successful students either are very intelligent,and or, their parents were involved with instilling the importance of education. Notice how children of foreign backgrounds seem to do better than our students,on average. Think that their cultural back grounds lends to their desire to exceed.

    Foreign countries spend way less than us and their students excel. Their children also spend more time being educated. 

    Would not be surprised if the money for education is really going towards public employee pension funds.

    Even if it's not going  toward pension funds, it's probably being funneled to something other than just education. 

    The news we get from N. J. TV that the state is having big problems covering the growing pension funds shortages.

    Is it possible for public employees pension funds be transfered to the Social Security retirement system? Know this idea will not go over well with public employees. 

    Know this would not solve all the states running out of $$ but it seems that having a separate pension fund paid for by property taxes and state income taxes is not going to cover the looming pension crisis, in my humble opinion.   

    If you have time, recommend reading the book,titled Public Education An Autopsy, by Myron Lieberman. "This is a book that professional educators love to hate and should be read by our policy makers, as quoted by James W. Guthrie,University of California,Berkeley. 

     

    Guitar