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What Happens to the Money you spend on the Lottery??

Topic closed. 30 replies. Last post 5 years ago by psykomo.

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Where Do You want the Money to GO??

Pre-K education programs [ 1 ]  [4.55%]
K-12 education programs [ 7 ]  [31.82%]
College Degree education programs [ 1 ]  [4.55%]
Enviromental protection programs [ 2 ]  [9.09%]
Senior citizen programs [ 1 ]  [4.55%]
Juvenile detenction facilities [ 0 ]  [0.00%]
Repair roads & bridiges & public transit [ 5 ]  [22.73%]
Health Care & free medical care [ 1 ]  [4.55%]
Feed the Hungry & shelter the poor [ 3 ]  [13.64%]
Vocational Tech educational programs [ 1 ]  [4.55%]
Total Valid Votes [ 22 ]  
Discarded Votes [ 4 ]  
psykomo's avatar - animal shark.jpg
Thread Starter

United States
Member #4877
May 30, 2004
5289 Posts
Offline
Posted: March 19, 2014, 7:25 pm - IP Logged

Lottery ticket sales bring the states hundreds of billion  dollars each year.  Some say.........about 60% of

the money goes to the "prize" winners (who pay back 30% to 40% in tax) ...........15% goes back to the

retailers & state run marketing and operations departments and............25% goes back to the state  for

government services>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>for you and the citizens of your state!

Only about 27 states earmark some or all lottery revenue for education:

(1) Colorado lottery dollars go to enviromental protection programs.

(2) Pennsylvania lottery dollars go to senior citizen programs.

(3) Kansas lottery dollars  use money for juvenile detention facilitiies.

(4) California lottery dollars spend about 1% revenue on K-12 programs.

Many states bought into the Lottery all based on the idea they were adding MORE MONEY for education.

WHERE DO U WANT UR MONEY 2 GO after YOU PAY 4UR TICKET expecting 2BA WINNER 2 Puke

    RedStang's avatar - laughing chimp.gif
    NY
    United States
    Member #121957
    January 21, 2012
    3169 Posts
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    Posted: March 19, 2014, 7:46 pm - IP Logged

    Let me know when you find out because it has'nt made the kids in my neighborhood any smarter.

      Drenick1's avatar - villiarna
      USA
      United States
      Member #152794
      February 25, 2014
      1095 Posts
      Offline
      Posted: March 19, 2014, 7:56 pm - IP Logged

      Let me know when you find out because it has'nt made the kids in my neighborhood any smarter.

      It will not happen until the entire public school systems gets overhauled. I would like to see the money go towards charter schools as I know the kids there will benefit.

        RJOh's avatar - chipmunk
        50
        mid-Ohio
        United States
        Member #9
        March 24, 2001
        20273 Posts
        Offline
        Posted: March 19, 2014, 8:12 pm - IP Logged

        Let me know when you find out because it has'nt made the kids in my neighborhood any smarter.

        Chances are the kids in you neighborhood will never be any smarter until their parents expect them to be.  Too many parents and kids think them being smarter is some one else responsibility.

         * you don't need to buy every combination, just the winning ones * 

        Thumbs Up       

          LottoMetro's avatar - Lottery-024.jpg
          Happyland
          United States
          Member #146340
          September 1, 2013
          1144 Posts
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          Posted: March 19, 2014, 8:22 pm - IP Logged

          Pretty much sums it up.

          If the chances of winning the jackpot are so slim, why play when the jackpot is so small? Your chances never change, but the potential payoff does.
          If a crystal ball showed you the future of the rest of your life, and in that future you will never win a jackpot, would you still play?

          P&L % = Total Win($)/Total Wager($) - 1

            rdgrnr's avatar - walt
            100
            Way back up in them dadgum hills, son!
            United States
            Member #73902
            April 28, 2009
            14903 Posts
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            Posted: March 19, 2014, 8:53 pm - IP Logged

            They should put it into thumb joint replacement technology and new arthritis modalities.

            Cuz every kid I see is gonna need new thumb joints in a few years and something to straighten out their neck vertebra.

            And you all know what I'm talkin' about, don'tcha?

              mightwin's avatar - questns

              United States
              Member #103782
              January 5, 2011
              486 Posts
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              Posted: March 19, 2014, 9:40 pm - IP Logged

              I'm sure the lottery money goes into the education fund in those states that have it set up for that, but then they put less in from taxes. So the extra money from the lottery isnt really giving the education funds a boost at all. Government waste is the problem but americans are too lazy to boot out the idiots that are responsible for it.

                sully16's avatar - sharan
                25
                Ringleader
                Michigan
                United States
                Member #81738
                October 28, 2009
                61609 Posts
                Online
                Posted: March 19, 2014, 9:55 pm - IP Logged

                Pretty much sums it up.

                lol, That's what it feels like sometimes.

                Lovies

                  psykomo's avatar - animal shark.jpg
                  Thread Starter

                  United States
                  Member #4877
                  May 30, 2004
                  5289 Posts
                  Offline
                  Posted: March 19, 2014, 10:58 pm - IP Logged

                  lol, That's what it feels like sometimes.

                  SLY:

                  BUTT, what is the RIGHT THING to DO???????????????? &

                  but,>>their is always a BUTT out DARE somewhere>WIN

                                                 HyperPartyHyper

                    Coin Toss's avatar - shape barbed.jpg
                    100
                    Zeta Reticuli Star System
                    United States
                    Member #30469
                    January 17, 2006
                    11271 Posts
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                    Posted: March 19, 2014, 11:56 pm - IP Logged

                    Of the choices I voted for Vo Tech. enough kids are being pumped out of universities up to their eyeballs in debt because of student loans and with degrees that don't get them jobs.

                    Sadly, as far as education support from the lotteries, many states practive voodoo accounting and just run the lottery money through the education systems to make it appear to have gone for education. It's not the lotteries doing that though, it's the state governments.

                    Those who run the lotteries love it when players look for consistency in something that's designed not to have any. So many systems, so many theories, so few jackpot winners. 

                    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.

                      RedStang's avatar - laughing chimp.gif
                      NY
                      United States
                      Member #121957
                      January 21, 2012
                      3169 Posts
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                      Posted: March 20, 2014, 1:29 am - IP Logged

                      They should put it into thumb joint replacement technology and new arthritis modalities.

                      Cuz every kid I see is gonna need new thumb joints in a few years and something to straighten out their neck vertebra.

                      And you all know what I'm talkin' about, don'tcha?

                      Can't get them to work, but they will walk 10 miles thru a snowstorm while texting.

                        helpmewin's avatar - dandy
                        50
                        u$a
                        United States
                        Member #106661
                        February 22, 2011
                        19967 Posts
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                        Posted: March 20, 2014, 2:54 am - IP Logged

                        lol, That's what it feels like sometimes.

                        i thought you would pick the Repair roads LOL

                        Patriot

                          sully16's avatar - sharan
                          25
                          Ringleader
                          Michigan
                          United States
                          Member #81738
                          October 28, 2009
                          61609 Posts
                          Online
                          Posted: March 20, 2014, 8:01 am - IP Logged

                          i thought you would pick the Repair roads LOL

                          I should have. we're the pot hole capital of America.

                          Lovies

                            RedStang's avatar - laughing chimp.gif
                            NY
                            United States
                            Member #121957
                            January 21, 2012
                            3169 Posts
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                            Posted: March 20, 2014, 10:44 am - IP Logged

                            They should put it into thumb joint replacement technology and new arthritis modalities.

                            Cuz every kid I see is gonna need new thumb joints in a few years and something to straighten out their neck vertebra.

                            And you all know what I'm talkin' about, don'tcha?

                            LOL  I was too tired to realize what you were really talking about. Colorado will need those first.

                              sully16's avatar - sharan
                              25
                              Ringleader
                              Michigan
                              United States
                              Member #81738
                              October 28, 2009
                              61609 Posts
                              Online
                              Posted: March 20, 2014, 10:48 pm - IP Logged

                              SLY:

                              BUTT, what is the RIGHT THING to DO???????????????? &

                              but,>>their is always a BUTT out DARE somewhere>WIN

                                                             HyperPartyHyper

                              Okay, ya talked me into it.

                              Lovies