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

Comment #25

pumpi76 — Fri, 23 Mar 2007 08:09:03 GMT

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 yo... [ More ]

Comment #24

pumpi76 — Fri, 23 Mar 2007 06:13:59 GMT

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... [ More ]

Comment #23

pumpi76 — Mon, 19 Mar 2007 18:24:33 GMT

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 do... [ More ]

Comment #22

pumpi76 — Mon, 19 Mar 2007 18:13:26 GMT

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... [ More ]

Comment #21

pumpi76 — Thu, 15 Mar 2007 03:21:26 GMT

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... [ More ]

Comment #20

pumpi76 — Wed, 14 Mar 2007 23:00:49 GMT

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

Comment #19

pumpi76 — Wed, 14 Mar 2007 16:11:37 GMT

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 fr... [ More ]

Comment #18

dvdiva — Wed, 14 Mar 2007 05:58:21 GMT

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... [ More ]

Comment #17

pumpi76 — Tue, 13 Mar 2007 09:09:20 GMT

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, may... [ More ]

Comment #16

pumpi76 — Tue, 13 Mar 2007 04:02:40 GMT

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...

Comment #15

pumpi76 — Mon, 12 Mar 2007 20:17:29 GMT

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....Tha... [ More ]

Comment #14

GinaFanIdol07 — Sat, 10 Mar 2007 19:54:21 GMT

Although the Muslim view is a bit prejudiced, I can agree but also to say that if I won a Billion dollars, couldn't I buy some poor country or declare war on the Virgin Islands? Buffett and Gates have multi-billions of dollars and they dont put it towards gutting the US gov't/though they could.

Party Like a Rockstar!!!!

VOTE GINA ON IDOL.

Comment #13

pumpi76 — Fri, 09 Mar 2007 22:50:20 GMT

How will you fix Africa?

Start by building an inordinate amount of roads, roads everywhere...Roads that will connect the entire continent.....And then (this idea is a little bit far off) build artificial rivers, not too much but a a couple of artificial rivers the caliber of the Nile...And if you can build a lot of small ones...and if you can then lots of Airports.....

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

Comment #12

pumpi76 — Thu, 08 Mar 2007 08:27:00 GMT

I meant to say: I wonder how many movies (pi and beautiful mind style) they are going to make where they talk about mathematicians statisticians trying to crack this trillion dollar Global lottery...

But who knows maybe they will create a trillionaire that can take all that money and help the world...I once was told that Bill Gates could buy Central America if he wanted...And i am thinking that if he could buy a region like Central America, he could also fix it...Now imagine a trillionair... [ More ]

Comment #11

pumpi76 — Sun, 18 Feb 2007 05:45:41 GMT

Not to mention that people that win 100-200 million dollars get so overwhelmed with the news that they tend to want to spend it all in less than 1 year..While you can't squander 10 billion dollars just like that...Not to mention that when times comes to giving to charity, a billionaire can give more than 5 people that won the 100-200 million dollars combined, why? Because they can generate more money than the 5 people that won the 100-200 million dollars..Example, Bill Gates, and Ted Turner...Lo... [ More ]

Comment #10

justxploring — Wed, 14 Feb 2007 09:00:16 GMT

When I read stories like this one, I wonder why I play at all. The world's gone completely mad.

Comment #9

pumpi76 — Sun, 11 Feb 2007 03:55:45 GMT

If they are going to create a Global lottery, i think they should not create a lottery that gives out 100-200 million dollar jackpot...If they are going to creat a Global lottery let it give out at least 5 billion dollars..Why? Because 100-200 million dollars doesn't help the economy of a country the way a couple of billionaires do...The more billionaires in a country the better specially a small sized (both population geographically) country...Billionaires tend to want to open up bussiness in... [ More ]

Comment #8

pumpi76 — Sat, 10 Feb 2007 17:29:38 GMT

Barbos i asked myself the same question...How can 500 million pounds equal 1 trillion dollars...I went to a currency calculator and it told me the same thing...That 500 million pounds equal 9 hundred and something billion dollars....I couldn't believe it either...

On nother subject, i don't trust muslims but i admire their religious fervor (zeal)...

Cash only, In Central America they consider it the same way they used to in England...

More important than winning the state's lotter... [ More ]

Comment #7

qutgnt — Sat, 10 Feb 2007 16:44:25 GMT

Higher Payouts= Higher Interest= Higher Jackpots= Higher Revenues for all parties involved. Again Europe is ahead of the curve, while the US's idea to increase revenue is to give us worse games with name changes that are defunct after a year. The US should also start NOT taxing lottery winnings.

Comment #6

CASH Only — Sat, 10 Feb 2007 14:51:45 GMT

In some countries, a billion is 1,000,000 million, and a trillion is 1,000,000,000,000 million. The UK used to consider a billion 1,000,000 million, but now the meaning of a billion is usually the same in the US and Great Britain.

Comment #5

JAG331 — Sat, 10 Feb 2007 13:04:25 GMT

Interesting news.

I don't think a billion dollars would make a huge extra difference in the wrong hands...not with the already trillions of dollars whizzing every whichway.

Comment #4

barbos — Sat, 10 Feb 2007 07:06:35 GMT

I always had a C in math but it seems to me half a billion pounds would equal nearly a billion bucks, not a trillion

Comment #3

chasingadream — Sat, 10 Feb 2007 03:48:31 GMT

interesting point of view.....

Comment #2

pumpi76 — Sat, 10 Feb 2007 02:24:45 GMT

I wish however that it becomes a 18 billion dollar jackpot global lottery....Do you all know the revolution we would have if we create multi-billionaires? I say the world would be a better place...HOwever they should not make any muslim country (sorry for my biased) participate, don't care who they are...The implications of a lottery that creates multi-billionaires is so great that the WRONG MOVE, and we could create what the Bible prophesices...I mean could you imagine if a billionaire became o... [ More ]

Comment #1

pumpi76 — Sat, 10 Feb 2007 00:38:17 GMT

Yeah, it was time...News like that make my day..I hope they get the chance to make the global lottery...

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

Lottery Post — Sat, 10 Feb 2007 00:27:01 GMT

Camelot will launch the first ever global lottery draw if it wins the right to run Britain's game for another 10 years with players from all over the world generating jackpots of up to half a billion pounds (nearly one billion dollars).

The international lotto would dwarf the existing Euro Millions weekly game, in which nine countries have joined together to achieve astonishing top prizes of 125 million.

The new game would span the globe with some 50 countries already voicing interest i... [ More ]