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Lottery Profits

Topic closed. 23 replies. Last post 9 years ago by Wintariofan.

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Litebets27's avatar - power
Maryland
United States
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January 14, 2005
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Posted: September 17, 2007, 8:25 pm - IP Logged

The News Report spoke of how most of the State lotteries that indicate that their lotteries are there to benefit education actually only give a very small portion to education. It noted that only 3 States out of the 23 Lottery States actually increased their portions of funds of Lottery moneys to education. The other States decreased their contributions to education.

litebets

Feeling,  PRICELESS!!!Banana

Come on Jackpot!!!

    Litebets27's avatar - power
    Maryland
    United States
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    Posted: September 17, 2007, 8:26 pm - IP Logged

    While what yo say holds true for the average person, what I think you're missing is that these people are not the average persons on the street.  They are supposed to be professionals doing the job.  It doesn't matter if you are an anchor on a network or a reporter for a newspaper.  If they want to give their opinion, let them write a personal blog.  When they are doing their jobs reporting, they should meely report ; not try and inmfluenece the opinion of so many people out there that somehow think that the person offering the opinion is somehow "wiser" than they are.....

    Your exactly right Badger!!

    litebets

    Feeling,  PRICELESS!!!Banana

    Come on Jackpot!!!

      Coin Toss's avatar - shape barbed.jpg
      Zeta Reticuli Star System
      United States
      Member #30470
      January 17, 2006
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      Posted: September 17, 2007, 10:03 pm - IP Logged

      A woman who was then in office in Illinois said she voted for the lotery in the 1970's when it was proposed, but as far as money for educatin goes the lotery has been a shell game since its inception. 

      The real "clincher" was the last person interviewed was the woman who is now director of the Tennessee lottery.

      Bang Head

      Those who run the lotteries love it when players look for consistency in something that's designed not to have any.

      Lep

      There is one and only one 'proven' system, and that is to book the action. No matter the game, let the players pick their own losers.

        tnlotto1's avatar - logo
        nashville
        United States
        Member #49896
        February 18, 2007
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        Posted: September 17, 2007, 10:11 pm - IP Logged

        A woman who was then in office in Illinois said she voted for the lotery in the 1970's when it was proposed, but as far as money for educatin goes the lotery has been a shell game since its inception. 

        The real "clincher" was the last person interviewed was the woman who is now director of the Tennessee lottery.

        Bang Head

        can i see it on their website? i forgot all about it

          four4me's avatar - gate1
          MD
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          June 18, 2003
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          Posted: September 17, 2007, 10:56 pm - IP Logged

          The real "clincher" was the last person interviewed was the woman who is now director of the Tennessee lottery.


          And Rebecca said the lottery's job is to raise as many dollars as possible as responsibly as possible

          http://www.cbsnews.com/sections/i_video/main500251.shtml?id=3270395n

            tnlotto1's avatar - logo
            nashville
            United States
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            February 18, 2007
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            Posted: September 18, 2007, 12:31 am - IP Logged

            The real "clincher" was the last person interviewed was the woman who is now director of the Tennessee lottery.


            And Rebecca said the lottery's job is to raise as many dollars as possible as responsibly as possible

            http://www.cbsnews.com/sections/i_video/main500251.shtml?id=3270395n

            thanks for posting the link four4me, rebecca was too busy showing off her gams to cbs to explain where the billion dollars for students is going Green laugh. they said money for students is up 2% in tennessee but they didnt give the exact amount. that could just mean they are keeping 2% less than they did last year or they just made more money who knows. you cant get a clear answer in this state anymore about the lottery but those of us who know will keep fighting and boycotting spending money on tn lottery.

              joshuacloak's avatar - Money Swim-uncle-scrooge-mcduck-35997717-677-518.jpg

              United States
              Member #32537
              February 12, 2006
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              Posted: September 18, 2007, 1:57 am - IP Logged

              i noticed how they said, it just replaced money they could of jsut TAXED

              see lotto a nice cover up for them wanting to tax us.

               

              then our ceo of tn speaks.

              said the lotto was a more popular way to get the money then tax wise

              SHE WAS RIGHT. 

              thats the olny thing i agee with her on

              its way more popular then to tax people flat out

              sense am not forced to play, others happyly do! 

              and they get there money!

               

              if i want them to get my money lulz , then i gamble it!

              now make the 1 gaint nation lotto, and allow casinos all over the nation

              where its olny state runed and owned allowed

              and it PAY FOR EVERYTHING,

              f*** the income tax, the gamblers can take care of the bill

              LOL

              and it be a lot more popular way then taxing, YOU KNOW IT!

              these lotto folks are on to something

              it may not add anything to the income they would get out of more taxing

              but it sure does replace the unpopular taxing  with a popular type of taxing!

              so to speak!

               

              that or make banks govt owned olny

              , and all the interest , billions upon billions of profits a year can pay everything

              however gl with that plan, the greedy bankers wont stand for clever ways to fund the govt then to just Tax everyone.

                TheGameGrl's avatar - character catafly.jpg
                A long and winding road
                United States
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                June 10, 2005
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                Posted: September 18, 2007, 10:30 pm - IP Logged

                Thank you to those who gave some pointers of the Lottery episode carried by a national station. Interesting to get part of the truth. Unfortunate though that the monies arent going where they are intended. Point and case- PA started out with the *good* intentions for senior citizen funding programs. Where they would push the idea that "all proceeds benefit senior citizen programs". NOW they simply say, benefits senior citizens (but doesnt really say how much also benefits their other underhanded shuffled investments). Lets face it, interest alone on a 6 week claim delay on huge jackpots is money in their pockets to use as they please. Most states will claim *non/not for profit status* yet according to the  federal government that is anything under 7%. Id take 7% profit any day off what PA state is making on a daily basis. Enuff said.

                Editors note: My non profit percentage is an average contingent on the source establishment and dividends being turned back to its charter task.

                ~~Is it true, Is it kind,Is it necessary. ~~~

                 Thanks be to the giving numbers: 1621,912,119 02014

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                  Kingston, Ontario
                  Canada
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                  October 5, 2006
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                  Posted: September 21, 2007, 5:08 am - IP Logged

                  Up until 1990, Ontario lottery profits (ALSO KNOWN AS LOTTERY GRANTS) flowed into many worthwhile projects.  The history of Ontario lottery grants is deep.  Our lotteries were launched in May of 1975 as communities needed to train and build facilities for its athletes for the Montreal Summer Games in 1976.  However, there were no community centres, sport facilities, or coaching programs.  The provincial government at the time, headed by our Premier William Davis,  launched Wintario to help fund sports, fitness, culture, tourism, arts and culture, and coaching development programs. 

                  The lottery was as big as Hockey Night In Canada,  everybody had to have a ticket each week.  They knew their lottery dollar was being put to good use.  There was also the Olympic Lottery launched in 1976, to help manage the huge debt that the Montreal Summer Games faced.  The Provincial and Super Loto lottery games were launched as well to generate money for hospitals.     

                  Hundreds of communites benefitted from the hard work of those lottery grants.  Every town in Ontario had a new community centre.  All of Ontario's hospitals had funding for research, equipment, and retrofitting of its facilities.   Arts and culture had new stages,  baseball teams and Finnish Dance troupes had new uniforms.  And those non-profits groups like THE C-N-I-B, Meals on Wheels, and Varierty Village of Ontario had money.  The list goes on.     

                  Today our lottery dollars don's go far enough.  They have lost that oomph they once did.  They no longer flow into the same projects. The money goes into a general revenue fund.   Thanks to the Liberally led Ontario Provincial Government in 1990    They began to use lottery money for whatever projects they desired.   It could go towards the provinical debt, to pay off the private sector, or be used for those lottery projects in which the money should be used for.   Those projects that Wintario was proud to fund.   Wintario died in 1990 as a results of this new way of doing things.    This fledging Ontario Lottery and Gaming Corporation remains to do just that, give smalls portions out and let many communities struggle.  A maximum of $200-MILLION DOLLARS a year goes into the Trillium Foundation, a far cry from what they use to receive.   They were the biggest recipient of lottery dollars in Winatrio's day.  They are a foundation set-up to distribute lottery funds mainly to hospitals.  Out the billions that is gernerated from Ontario's 30 casinos and many lotteries,  The Trillium Foundation itself finds it hard to divy up the money to the most needy.      

                  Any non-profits group, from community centres to threatres, hospitals,  and recreations groups would have to apply to the Trillium Foundation if they need money.  Many are now turned away as their is not enough to go around.   It's really a change from Wintario and the people of Ontario are beginning to see through the OLG and its neglectful track record.   

                  In 15 years, up until 1990 over 2 billion dollars in lottery funds flowed into Ontario towns to help build projects.   Beyond 1990, that total  is a lot less and remains a real struggle for these PROJECTS/GROUPS to get money. 

                  Ontario's lotteries once made us winners.  Sadly.  Until the OLG and the government realizes this, the communites in Ontario will not flourish the way they once did.   In the past 17 years, more and more people are losing faith in the OLG.  And the OLG should be ashamed of this and relook at the way they are doing things.   

                  As my byline underneath says...WE NEED TO GET BACK TO THE DAYS WHEN "WE ALL WON" AND WE "TOGETHER MADE GOOD THINGS HAPPEN" IN ONTARIO.  

                  "Together We're Making Good Things Happen,  Ontario's Lotteries...WE ALL WIN"