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Jeb Bush Wants Unclaimed $50 Million Lottery Jackpot For Schools

Florida LotteryFlorida Lottery: Jeb Bush Wants Unclaimed $50 Million Lottery Jackpot For Schools

Florida Governor Jeb Bush wants someone's bad luck to be good luck for school kids.

A $50 million lottery jackpot went unclaimed last month. The lottery is required put any unclaimed prizes back into the pot - or use the money for lottery promotion.

But Bush wants the big bucks to go to Florida schools. 

While the jackpot was worth $50 million, the actual cash value is a little over $30 million.

Jeb Bush is seeking the cooperation of state legislators in redirecting the money. The Legislative Budget Committee will take up the unclaimed jackpot issue later this month.

AP

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7 comments. Last comment 13 years ago by CASH Only.
Page 1 of 1
twisted's avatar - underground
New Jersey
United States
Member #2376
September 25, 2003
582 Posts
Offline
Posted: October 3, 2003, 2:56 pm - IP Logged

I dont know about this.  If the money goes to the schools and I mean if all of it goes tot he schools, and no corrupt politician takes any share of it, it will be a good thing for the kids. 

But on the other end if the money goes back in the pot it will be good for the people who play Florida lottery.  And if I look at this right, the prize will definitely grow after the $50 goes back in the pot.  And whoever wins will have to pay some of it in taxes anyway so it will dventually go to the schools.

I think it should go back in the pot because it will dventually help the schools anyway through taxes.

    Littleoldlady's avatar - basket
    Clarksville
    United States
    Member #487
    July 15, 2002
    17638 Posts
    Offline
    Posted: October 3, 2003, 3:55 pm - IP Logged

    I think the schools should get half of it.  Many players may get discouraged if they take it all. 

    If you know your number is going to hit, have patience and then KILL IT!

    You never know when you will get another hit.


      United States
      Member #379
      June 5, 2002
      11296 Posts
      Offline
      Posted: October 4, 2003, 7:09 am - IP Logged

      All the $30+ million cash should go into a special Christmas Eve drawing (12/24 is a Wednesday)-the money was meant to be paid to, and should still be, someone hitting the FL Lotto jackpot.

      BTW, the President's brother said no to PB just after taking office in 1999, even though the previous governor approved PB. Too bad FL doesn't have recall.

        Todd's avatar - Cylon 2.gif
        Chief Bottle Washer
        New Jersey
        United States
        Member #1
        May 31, 2000
        23262 Posts
        Online
        Posted: October 4, 2003, 7:12 am - IP Logged

        Jeb is doing a great job as Governor of Florida, and suggesting a recall over a lottery decision is frivolous.  I hope you're kidding.

         

        Check the State Lottery Report Card
        What grade did your lottery earn?

         

        Sign the Petition for True Lottery Drawings
        Help eliminate computerized drawings!


          United States
          Member #379
          June 5, 2002
          11296 Posts
          Offline
          Posted: October 4, 2003, 7:17 am - IP Logged

          todd:

          Just joking. But Jeb should allow the unclaimed prize money to go back towards paying prizes.

            Bradly_60's avatar - disney37
            Atlantic Mine, Michigan
            United States
            Member #416
            June 23, 2002
            1614 Posts
            Offline
            Posted: October 4, 2003, 7:38 am - IP Logged

            I don't see how the state after all these years of returning unclaimed prizes back to players can all of a sudden say hey, nope the players aren't getting it this time.  I know states are pretty much strapped for cash but still.  If your state says they will give unclaimed prizes back to players, then they should.  I mean yes just like in Michigan money goes to schools.  And that is awesome.  I think all states should have lottery proceeds go to schools.  But in this case that $30 million probably wouldn't be "extra" money to the schools, the state would be able to take $30 million out from what they were planning on giving the schools for the upcoming fiscal year.  And I can't see how that is in any way right.

            Brad


              United States
              Member #379
              June 5, 2002
              11296 Posts
              Offline
              Posted: October 4, 2003, 7:46 am - IP Logged

              Even if the winner(s) of a special FL Lotto drawing were to, heaven forbid, choose annuity, that money belongs to the players.