Prop 1C would change the California Lottery

Comment #8

larry3100 — Tue, 12 May 2009 03:04:56 GMT

I'll vote for that proposition 1C. I've been playing the California lottery since it started. I want bigger payouts. Arnold wants it too!.

Comment #7

Dollar419 — Sun, 10 May 2009 02:59:27 GMT

I have already vote a big NO on borrowing future revenue from the lottery; the lottery is not going broke, the State of CA is and the way they present it is false. I think the lottery can better market the existing games to have higher payoffs by coming up with new raffles and newer games so that there are more winners, if you have more winners, there will be more people playing, with more revenue coming in.

Comment #6

GASMETERGUY — Sat, 09 May 2009 00:37:01 GMT

Like true Liberals, California officials can't see past the end of their noses. Borrowing money with no visible means of paying it back will only put off the inevitable. California can not pay their bills now. How will they manage to pay back the Lottory when the time comes?

This a a stop-gap measure at best.

Comment #5

wizeguy — Fri, 08 May 2009 19:49:45 GMT

If they're going to fund schools by the same amount I don't see an advantage to this. They need to balance their budget rather than borrow against future assets.

Comment #4

OldSchoolPa — Fri, 08 May 2009 19:07:23 GMT

Well spoken Todd, and I totally agree....but I think you can talk until your face turns blue...the same color that California bleeds because they are Democrat to the core. California is a happy go lucky kind of a place....a place where the idea of fiscal responsiblity is a pipe dream (how else can one explain the number of celebrities who seemingly think the cash will not stop flowing in even when their services are not in demand?). It is as though their fingerprints have a donkey print in them

Comment #3

Todd — Fri, 08 May 2009 17:30:41 GMT

Well, I guess I understand the desire to keep the lottery revenues targeted on education, but I think there is a much larger issue in the state of California, and this seems like one of the only ways to help it.

The problem with education in that state is that all the extremely liberal politicians that keep getting elected by the residents of the state are forking out huge amounts of money to illegal aliens, giving them access to public education, medical benefits, and every other type of pub... [ More ]

Comment #2

BaristaExpress — Fri, 08 May 2009 16:39:14 GMT

Sounds like the bait and switch game to me! I lived there when the lottery was first commissioned! I was born and raised in So. Calif. and I voted for the lottery to be started there and now those people are going to have their lottery torn up by changing it and in the long run letting the Education System be RIPPED OFF! This is a BAD IDEA, if it's not broken, don't mess with it! The California State Government is broken, not the lottery and what it was intended for (FUNDING EDUCATION). Don't ma... [ More ]

Comment #1

Todd — Fri, 08 May 2009 14:28:08 GMT

Californians: This sounds like a good idea to me. It allows the lottery to raise the payout percentage.

How about you

Prop 1C would change the California Lottery

Lottery Post — Fri, 08 May 2009 12:35:17 GMT

Voting 'Yes' will allow lottery to create larger prize payouts

On May 19, California voters will have a chance to change the state lottery for the first time since it started in 1984.

Proposition 1C would allow the state to borrow $5 billion from future lottery profits to help balance the state's 2009-10 budget.

Lottery payment to educational institutions would end and the state general fund would increase its payments to schools to make up for the loss of lottery funds.

Currently, t... [ More ]