Paid In Lottery Tickets

Reply #36

time*treat — Fri, 14 May 2010 09:10:20 GMT

Taking pay in Au or Ag ... my kind of thinking.

Reply #35

wildspecks — Sun, 09 May 2010 01:55:13 GMT

I prefer to choose whether or not to play the lottery on any given day. I sometimes go weeks without buying a single ticket. I wouldn't want to accept tickets as part of my pay. I like a sure thing for the hard work I do. Anyway, who can trust my boss? I voted none.

Reply #34

tiggs95 — Sun, 09 May 2010 01:32:17 GMT

YES WE CAN,what??...

Reply #33

tntea — Thu, 06 May 2010 22:20:36 GMT

Absolutely NONE. My performance isn't by chance so neither should my pay.

When I worked for lottery store, our boss would put in Powerball tickets as little extras.. Would have been nice if the little extras had turned into a SOMETHING BIG EXTRA... I sure would have split it with her..

Reply #32

jmill1948 — Tue, 04 May 2010 20:04:10 GMT

could be stolen then your up the vreek

Reply #31

savagegoose — Tue, 04 May 2010 16:14:50 GMT

you didnt state if he owns a gold or silver mine? id take it in gold or silver at about %50. but i selected 1% for tickets. heck if i didnt like my boss id select zero just so he dont get the ticket seller bonus,.

Reply #30

lottocalgal — Tue, 04 May 2010 01:00:15 GMT

I GOT BILLS BOBP, I GOT BILLS, CANT PAY THE CABLE WITH A MAYBE

Reply #29

Coin Toss — Mon, 03 May 2010 22:08:10 GMT

An invetigstive reporter once did an article on the Will work for food panhandlers (I think it was the Las Vegas Review Journal) and he said over and over again when people with these signs were offered to come help clean out garages or do yard work their standard answer was, I don't want to lose my corner, my spot.

Reply #28

Stack47 — Mon, 03 May 2010 21:02:00 GMT

If the employee already wagers 5% of their earnings on lottery tickets every week, there is no difference if their boss offers them 5% of their earnings in lottery tickets. The only problem I see is with the timing of buying scratch-off tickets because clerks pretty much know when a roll of tickets hasn't produced any winners. If they choose that time to collect their lottery tickets earnings by purchasing the rest of the roll, it could cause ethic problems and legal problems in some states.... [ More ]

Reply #27

Winlotta — Mon, 03 May 2010 19:14:31 GMT

If you don't ever start it, you don't have to stop it.

Many employees today only make minimum wage in a 32- hour-week so no chance of benefits. Along comes a Boss Hogg employer trying to pocket even more with 'Here's-your-95-cent-ticket-I'll pocket- the-rest' promise.

Reply #26

RJOh — Mon, 03 May 2010 18:23:29 GMT

Maybe you should have made the poll for food, I've seen people wearing signs that read Will work for food . I've often wondered if I could get my lawn mowed for a McD or BK value meal.

Reply #25

Coin Toss — Mon, 03 May 2010 06:19:04 GMT

BobP,

It's just that it sounds so much like the boss' name maybe be Bernie , or perhaps he was a boss at Enron , or maybe something like Keating 5 was on his resume.

With paranoia you'll never have to dine alone......

Reply #24

rdgrnr — Mon, 03 May 2010 05:51:40 GMT

Not beer, Bob.

Whiskey!

Yeeeeeeeeeeeeeee haaaaaaaaaaaa

Reply #23

BobP — Mon, 03 May 2010 05:45:28 GMT

Interesting responses. It seems freedom to do what one wants with their money ranks above making the boss happy by taking what would have been purchased anyway.

Maybe I should have made the poll for lottery tickets and beer.

BobP

Reply #22

Coin Toss — Mon, 03 May 2010 04:36:43 GMT

KY Floyd

Why does it matter to you how much it costs him to pay you a fixedamount? What matters is the value to you, and whether or not it's avoluntary choice. If you were being paid $500 and that changed to $495and 5 $1 lottery tickets that you were going to buy anyway, you'dstill be taking home at least the same amount. It's more complicatedthan that, though, because you've overlooked further savings to theemployer and the actual value to you.

How big is the company? Let's say it's lar... [ More ]

Reply #21

joker17 — Mon, 03 May 2010 04:20:25 GMT

Maybe, maybe not. The year end cost/savings ratio would be, as if the contributions bracket was taxable income, and did not reduce payments from the losses. Furthermore, the value of the comp. was undertaken enormously, and not subtracted from the 495 you talked about earlier.

With the 5 bucks worth of tickets, the employer would deter 3.38 percent collection of the allocation fund/s and verify the difference by about 2.73. Not enough to make much of a difference. Since the payments would dra... [ More ]

Reply #20

KY Floyd — Mon, 03 May 2010 01:35:24 GMT

Why does it matter to you how much it costs him to pay you a fixed amount? What matters is the value to you, and whether or not it's a voluntary choice. If you were being paid $500 and that changed to $495 and 5 $1 lottery tickets that you were going to buy anyway, you'd still be taking home at least the same amount. It's more complicated than that, though, because you've overlooked further savings to the employer and the actual value to you.

The lottery tickets would be a materials expense t... [ More ]

Reply #19

rdgrnr — Mon, 03 May 2010 01:10:07 GMT

Sounds like a good man, a giving man.

And the good things he did came back to him just as it's meant to be.

Reply #18

rdgrnr — Mon, 03 May 2010 01:05:33 GMT

Then I'll get my Tennessee Ernie Ford record out - Sixteen Tons, lol.

St Peter dont'cha call me cuz I can't go

I owe my soul to the company store

Reply #17

RJOh — Sun, 02 May 2010 22:11:04 GMT

Years ago when Ohio lottery first started, the Weinder Pontiac and Buick dealership of Mansfield, Ohio gave each new car buyer $100 worth of lottery tickets. They bought thousands of them every week and any that weren't given out were put in a pool for management and employees. The dealership won a jackpot but with so many people in the pool each share only amounted to a few thousand dollars. I don't know if the rules changed but a year or so later the owner claimed another jackpot by himself, r... [ More ]

Reply #16

Coin Toss — Sun, 02 May 2010 21:43:30 GMT

rdgrnr,

You make some good points but with all the corporate greed that we've seen this tickets as wages could so eadily turn into Well, the new policy is it takes $2 of wages to get a $1 ticket.... and then $3, then $4, etc...the whole while the boss still writing the full amount off as payroll - and pocketing the difference?

insert X-files music and Trust No One here

That's not all too far from the Triangle Fire in the garment industry or the early coal mines.

Reply #15

rdgrnr — Sun, 02 May 2010 18:32:58 GMT

A lot of people have had to make concessions to keep their jobs in this economy. There's a lot more that wish they had made the concessions that were asked of them and a lot more that wish they had had the opportunity to make concessions to keep their jobs.

In that light, I'm sure employees being faced with taking one percent of their pay in lottery tickets to save the boss some money as opposed to being out of a job, most intelligent people would take the offer.

That's just common sense.... [ More ]

Reply #14

Littleoldlady — Sun, 02 May 2010 17:53:27 GMT

When you start doing that every now and then , you open a door that you might want to keep closed. What happens when he insists that you accept 25% of your wages in tickets? If you don't ever start it, you don't have to stop it. It has nothing to do with liking him or not. It is not your job to help him to manage HIS money. If he can't pay regular wages then he needs to close the doors.

Reply #13

Littleoldlady — Sun, 02 May 2010 17:49:58 GMT

Definitely NONE!! He'd better not try it

Reply #12

rdgrnr — Sun, 02 May 2010 17:48:53 GMT

It would appear that the answer to this question is coming down along the lines of whether you like your boss or not.

It would seem to me that if you like your boss or are ambivalent that it wouldn't make any difference whether he gets the profit or Sahib down at the convenient store.

Unless the situation is one of being locked into something and not being able to change your mind should financial obligations change - that's different.

That's why I said 5 bucks once in a while would be... [ More ]

Reply #11

emilyg — Sun, 02 May 2010 17:44:12 GMT

none

Reply #10

L J1 — Sun, 02 May 2010 17:37:30 GMT

None..... Plain Simple.

Cash is king on this Planet.

Reply #9

RJOh — Sun, 02 May 2010 17:27:38 GMT

Since the average overall odds of a lottery ticket being of any value are 1:50, it would be like getting $50 of worthless paper with him getting a 5% commission or $2.50 for getting you to take it, so I would say none. Lottery tickets represent a gamble and a dream and I can't pay my bills with that.

Reply #8

CutlassBob — Sun, 02 May 2010 17:19:20 GMT

Thank-You sully16. I've had it since 1989 and do all my own maintenance, except paint.

Red Wings going to win tonight, 3 to 2 in overtime. :)

Have a Great Day.

CutlassBob Out

Reply #7

ThatScaryChick — Sun, 02 May 2010 17:15:13 GMT

I would also say none. I work for money so I can pay bills, buy food and help take care of my family. I always buy lottery tickets anyways, but I don't want to be paid with them.

Reply #6

sully16 — Sun, 02 May 2010 16:08:47 GMT

Sweet ride cutlassbob.

Reply #5

CutlassBob — Sun, 02 May 2010 15:56:14 GMT

Zero, aka (None), I like Cash or Check.

Reply #4

rdgrnr — Sun, 02 May 2010 15:09:19 GMT

I would go along with sully and get maybe 5 bucks worth once in a while just for the you never know factor. It just might be that little thing that throws a monkey wrench into the curses that so many of my ex-wives have put on me.

Reply #3

Coin Toss — Sun, 02 May 2010 13:32:38 GMT

I voted none, because if he is going to do this:

He gets the state commission on every sale so it's like paying 95 cents for every dollar in tickets he can give out instead of cash.

In essence every ticket used as pay has cut that dollar of wages by 5%.

What is he going to do next

Reply #2

increase — Sun, 02 May 2010 13:30:27 GMT

I would have to say: none.

Reply #1

sully16 — Sun, 02 May 2010 11:17:13 GMT

My household bills come first, and you never know whats going to happen , so i'd have to say , if i was going to be paid in lottery tickets it would maybe be 5 dollars.

Paid In Lottery Tickets

BobP — Sun, 02 May 2010 06:42:32 GMT

Submitted for your approval: Your boss has multiple businesses and among them is a store with a lottery terminal and scratch-offs. He gets the state commission on every sale so it's like paying 95 cents for every dollar in tickets he can give out instead of cash.

Stipulated: You can select your own numbers or choice of scratch-off.

How many lottery tickets would you accept as a percentage of your pay?

BobP