Welcome Guest
Log In | Register )
You last visited December 7, 2016, 5:34 am
All times shown are
Eastern Time (GMT-5:00)

Most corrupt US lottery

Topic closed. 18 replies. Last post 11 years ago by jim695.

Page 1 of 2
PrintE-mailLink

Which lottery has the worst ethics?

GA [ 1 ]  [4.00%]
Hoosier [ 9 ]  [36.00%]
MA [ 3 ]  [12.00%]
NY [ 2 ]  [8.00%]
Other [ 3 ]  [12.00%]
Don't know [ 7 ]  [28.00%]
Total Valid Votes [ 25 ]  
Discarded Votes [ 6 ]  

United States
Member #379
June 5, 2002
11296 Posts
Offline
Posted: March 14, 2006, 5:19 pm - IP Logged

A lot has been written on LP about the antics of the Hoosier Lottery. But other lotteries are corrupt too. MA and NY have numerous annuity-only scratch games; MA Megabucks also is annuity-only. GA just began Lose for Life; its lottery director used to run (ruin?) the NY lottery.

    Avatar

    United States
    Member #1826
    July 11, 2003
    2645 Posts
    Offline
    Posted: March 14, 2006, 6:26 pm - IP Logged

    You may think a lottery offering a prize you don't like is corrupt, but it's not. They're just marketing to the people who don't mind getting annuities. They aren't rigging draws, they aren't manipulating where scratch-offs are going. They aren't meeting the defintion of corrupt, which means depraved, immoral, and/or dishonest. Now IA, LA, and AZ's lotteries, they're corrupt because they're bigots. And the Hoosier Lottery is corrupt for obvious reasons. But NY, MA, or any state with a Win-For-Life prize aren't being depraved, immoral, or dishonest. They're just filling the niche of people who like receiving payments over time. You may not like the prize, but they do offer games you like too. I mean, isn't the Massachusetts Lottery the one who gave us your all-time favorite game, Cash Winfall? Sometimes businesses will offer things you love, and things you hate. I mean, I absolutely love Arby's Roast Beef sandwiches, but should I stop going there just because they also have those awful, awful Market Fresh Chicken Salad sandwiches (apples and grapes in mayo? that's just gross). Think about it.

    (insert signature here)


      United States
      Member #379
      June 5, 2002
      11296 Posts
      Offline
      Posted: March 14, 2006, 7:49 pm - IP Logged

      You may think a lottery offering a prize you don't like is corrupt, but it's not. They're just marketing to the people who don't mind getting annuities. They aren't rigging draws, they aren't manipulating where scratch-offs are going. They aren't meeting the defintion of corrupt, which means depraved, immoral, and/or dishonest. Now IA, LA, and AZ's lotteries, they're corrupt because they're bigots. And the Hoosier Lottery is corrupt for obvious reasons. But NY, MA, or any state with a Win-For-Life prize aren't being depraved, immoral, or dishonest. They're just filling the niche of people who like receiving payments over time. You may not like the prize, but they do offer games you like too. I mean, isn't the Massachusetts Lottery the one who gave us your all-time favorite game, Cash Winfall? Sometimes businesses will offer things you love, and things you hate. I mean, I absolutely love Arby's Roast Beef sandwiches, but should I stop going there just because they also have those awful, awful Market Fresh Chicken Salad sandwiches (apples and grapes in mayo? that's just gross). Think about it.

      OK, but why should MA Megabucks, Lose for Life, Unlucky for Life and various scratch games be annuity-only, thereby shooing away those who would rather collect in lump sum? Maybe in these cases "corrupt" is not the best word to use; how about "conspiracy"? IMO there is money to be made from forcing lottery (and non-gambling; ie Publisher's Clearing House) winners to receive periodic payments instead of allowing them to receive cash. We need to BOYCOTT lottery games that are annuity-only. Lotteries do not make money from forcing annuity payments.

      BTW Waldorf salad mixes apples and mayo. Yuck!

        RJOh's avatar - chipmunk
        mid-Ohio
        United States
        Member #9
        March 24, 2001
        19826 Posts
        Offline
        Posted: March 15, 2006, 12:04 am - IP Logged

        CASH Only writes:
        "We need to BOYCOTT lottery games that are annuity-only."

        Who is we? You are the only one complaining , others are playing only the games they like.

         * you don't need to buy more tickets, just buy a winning ticket * 
           
                     Evil Looking       

          emilyg's avatar - cat anm.gif

          United States
          Member #14
          November 9, 2001
          31349 Posts
          Offline
          Posted: March 15, 2006, 12:11 am - IP Logged

          CASH Only writes:
          "We need to BOYCOTT lottery games that are annuity-only."

          Who is we? You are the only one complaining , others are playing only the games they like.

           

                                                Yes Nod        I Agree!

          love to nibble those micey feet.

           

                                       

            Coin Toss's avatar - shape barbed.jpg
            Zeta Reticuli Star System
            United States
            Member #30470
            January 17, 2006
            10351 Posts
            Offline
            Posted: March 15, 2006, 12:30 am - IP Logged

            I voted don't know. Seems like the Hoosier lotto gets a lot of "press" here but on any given board only 20% of the members post (if that many), and I'm not familiar with other lottery boards, though I'm sure they wouldn't be as prolific as this one is!

              sirbrad's avatar - Lottery-062.jpg
              PA
              United States
              Member #22983
              October 6, 2005
              2226 Posts
              Offline
              Posted: March 15, 2006, 12:42 am - IP Logged

              I won't boycott anything that has 'better odds' of making me richer than the higher odds games do. I will take $3,000 a month for life over 1,000 powerball losses any day.  Also we are a small group among a vast majority of "whim gamblers," and I doubt we would even make a dent. I also will not boycott ANYTHING that gives me a chance to be much better off, and have more money than I have now.

                four4me's avatar - gate1
                MD
                United States
                Member #1701
                June 18, 2003
                8361 Posts
                Offline
                Posted: March 15, 2006, 3:57 am - IP Logged

                Win for life is set up to pay out x dollars over the course of a winners lifetime because that's the way it's set up and the they way the game is structured.

                It wouldn't be called win for life if it were a paid all at one time game.

                There are other games that are paid cash only. While I understand your reasoning about getting paid cash only for games. Others might not see your point of view and would just be happy to win any amount regardless of the payment structure. You also have to realize that before they implement many games they run polls and ask people what games they like and or would like to have in their states. Many state lotteries have clubs and these questionnaires are sent to people. If the overwhelming majority says they would like a certain games, then overall it's the people choice.

                The only thing I don't like about annuity only structured games is if some elderly person would buy a winning top tier annuity only prize ticket and happen to win then it's not likely they will live long enough to collect the complete payout structure of the game. Still even in that event they have an option to sell their annuity for cash.

                Where I'm concerned your beating a dead horse with your complaints of how lottery games are structured.

                 

                  LOTTOMIKE's avatar - cash money.jpg
                  Tennessee
                  United States
                  Member #7853
                  October 15, 2004
                  11338 Posts
                  Offline
                  Posted: March 15, 2006, 6:23 am - IP Logged

                  georgia is the best lottery in america besides maybe florida.....

                    Avatar
                    Columbia City, Indiana
                    United States
                    Member #2978
                    December 9, 2003
                    381 Posts
                    Offline
                    Posted: March 15, 2006, 6:57 am - IP Logged

                    There is no question that the states make a few extra bucks when they pay annuity prizes, but there's nothing evil about that. If the state invests the cash value of the prize in an annuity that pays 6%, and they can satisfy the annual prize payment using only 4%, the state makes and keeps the extra 2% of the interest generated. The prizewinner isn't out anything, as he still gets the full payment, but any superfluous interest amount helps to offset operating costs at the lottery or goes into the state's general fund, in most cases.

                    It's no different than buying a Certificate of Deposit at your local bank. If you buy a 13-month CD which pays 4.75%, the bank might sell that investment to an underwriter, or they'll lend it out to other customers at a higher rate of interest and keep the difference. It works the same way with mortgages. Just because you make your regular house payment at the bank who wrote your home loan does not necessarily mean that your mortgage hasn't been sold to another financial institution. That's how banks make money; it's how they stay in business.

                    While I understand Cash Only's loathing of annuity payments, we must accept the fact that state-run lotteries are not charitable organizations in the strictest sense; they're in business to make money, and many of the games which pay annuity prizes are designed specifically for that purpose.

                     

                    Come, Pinky; we must prepare for tomorrow night...

                    Jim

                      sirbrad's avatar - Lottery-062.jpg
                      PA
                      United States
                      Member #22983
                      October 6, 2005
                      2226 Posts
                      Offline
                      Posted: March 15, 2006, 7:24 am - IP Logged

                      You can't expect the lottery officials to care about the players, they care about making money, and making the game enticing enough to throw our money at. They are not sitting at home praying that someone will hit the jackpot soon, in fact thay are hoping for the opposite. They want record roll-overs and boosted sales from all the marketing hype.

                      Cash_Only speaks as if they are supposed to care about our payouts. They don't, they only care about structuring the game to keep the odds in their favor heavily, and do just the bare minimum to make it so we have at least a chance, even if it is a very minute one. That is why they raised the powerball matrix, not so more people who needed the money could have a chance, but so there would be more rolls, and less winners overall.

                      Lottery officials are evil. Bat

                        Avatar
                        Indiana
                        United States
                        Member #29196
                        December 29, 2005
                        280 Posts
                        Offline
                        Posted: March 15, 2006, 7:58 am - IP Logged

                        With regard to sirbrad's remarks:

                        ding...ding...ding....ding...ding...ding....ding...ding...  

                        Ladies and gentlemen we have a winner!  The young man from Pennsylvania has hit the nail right on the head!  Step right up here lad and have yourself a cigar!

                        Jim 


                        Money frees you from doing things you dislike.  Since I dislike doing nearly everything, money is handy.  - Groucho Marx

                          sirbrad's avatar - Lottery-062.jpg
                          PA
                          United States
                          Member #22983
                          October 6, 2005
                          2226 Posts
                          Offline
                          Posted: March 15, 2006, 11:03 pm - IP Logged

                          Thank you. I used to love carnival games...until I found out most of them were fixed also. LOL Lots of money spent, very little prizes. Sound familiar?

                            sirbrad's avatar - Lottery-062.jpg
                            PA
                            United States
                            Member #22983
                            October 6, 2005
                            2226 Posts
                            Offline
                            Posted: March 15, 2006, 11:06 pm - IP Logged

                            Ladies and gentlemen we have a winner! 

                            Finally a win!!! Lol.

                              Tenaj's avatar - michellea
                              Charlotte NC
                              United States
                              Member #17406
                              June 18, 2005
                              4053 Posts
                              Offline
                              Posted: March 16, 2006, 9:30 pm - IP Logged

                              MadI think NC committed the ultimate lottery sin.  Witholding the games from us decade after decade while other states had one in place.  It couldn't be any uglier than that. 

                              takeemtothebank