Welcome Guest
Log In | Register )
You last visited December 10, 2016, 11:28 am
All times shown are
Eastern Time (GMT-5:00)

Why don't we have a federal national lottery in the US?

Topic closed. 23 replies. Last post 7 months ago by Kingofearth.

Page 2 of 2
2.33
PrintE-mailLink
MaximumMillions's avatar - Lottery-013.jpg

Germany
Member #164603
March 8, 2015
614 Posts
Offline
Posted: April 29, 2016, 8:31 am - IP Logged

Hey Max, not get too far off subject but...Reagan had to rebuild the military decimated by Carter.  On the other hand, obama doubled the debt for no reason at all.  What good did the stimulus do?  Not a thing for anyone other than political friends and failed "green" projects run by democrat donors. 

Yea, maybe its not a good idea for the federal government to have a national lottery.  They just seem to screw things up.

Right, it was just one recent example of how and how quickly that debt was built. And when the lottery would have to run for more than 100 years to make a dent in the debt which can be cancelled out within less than a decade, that won't work. But extra revenue is always a good thing and it might be an attractive game nonetheless. It just won't wipe out the debt completely.

 

Edit: While we're at it, how would your debt lottery look, what formula would it have?

    LiveInGreenBay's avatar - driver
    Green Bay
    United States
    Member #169391
    October 15, 2015
    1248 Posts
    Offline
    Posted: April 29, 2016, 1:52 pm - IP Logged

    Right, it was just one recent example of how and how quickly that debt was built. And when the lottery would have to run for more than 100 years to make a dent in the debt which can be cancelled out within less than a decade, that won't work. But extra revenue is always a good thing and it might be an attractive game nonetheless. It just won't wipe out the debt completely.

     

    Edit: While we're at it, how would your debt lottery look, what formula would it have?

    Well...The jackpot would start at a billion dollars.  You'd need 6 numbers out of 1,500 plus 1 number out of 500.  Each ticket would cost $10.00 for 1 set of numbers.  Crazy

    Never give up.  Banana

      psykomo's avatar - animal shark.jpg

      United States
      Member #4877
      May 30, 2004
      5124 Posts
      Offline
      Posted: April 29, 2016, 3:15 pm - IP Logged

      Well...The jackpot would start at a billion dollars.  You'd need 6 numbers out of 1,500 plus 1 number out of 500.  Each ticket would cost $10.00 for 1 set of numbers.  Crazy

                                                           Dance   The 666 National Lottery  Dance

      LIGB:

      Psyko has a "better" formula for a National Lottery... a true National Lottery should be THE PEOPLES lottery, it should be democratic & republican

      (1) Jackpot should start at SIX MILLION $$ Dollars and remain at six million and repeat a SIX MILLION jackpot after each winning number DRAWN

      (2) Matrix 1:60 with 6 ball to pick from sixty balls

      (3) One drawing per month, 12 drawings per year

      (4) 6 Free play tickets issued 2 all over 18 each year

      (5) OBJECTIVE is to make "everyone" a MILLIONAIRE

      (6) TAX all winnings at "ninety" percent of JACKPOT 

      This would be an excellent way to get a lot of the freshly printed money in circulation and make a lot of the "little" people happy MILLIONAIRE'$$$

      This would help the present billionaire'$$$>>>>to become trillionaire'$$$$$$$$$ with all that NEWLY printed money inflating the NEW ECONOMY$

      NO NEED to BORROW "money" from foreign countries to finance our DEBT anymore..THE 666 National Lottery would let us self-finance OURSELVES

                                            PartyFLAT 666 National Lottery Party

        LiveInGreenBay's avatar - driver
        Green Bay
        United States
        Member #169391
        October 15, 2015
        1248 Posts
        Offline
        Posted: April 29, 2016, 4:38 pm - IP Logged

                                                             Dance   The 666 National Lottery  Dance

        LIGB:

        Psyko has a "better" formula for a National Lottery... a true National Lottery should be THE PEOPLES lottery, it should be democratic & republican

        (1) Jackpot should start at SIX MILLION $$ Dollars and remain at six million and repeat a SIX MILLION jackpot after each winning number DRAWN

        (2) Matrix 1:60 with 6 ball to pick from sixty balls

        (3) One drawing per month, 12 drawings per year

        (4) 6 Free play tickets issued 2 all over 18 each year

        (5) OBJECTIVE is to make "everyone" a MILLIONAIRE

        (6) TAX all winnings at "ninety" percent of JACKPOT 

        This would be an excellent way to get a lot of the freshly printed money in circulation and make a lot of the "little" people happy MILLIONAIRE'$$$

        This would help the present billionaire'$$$>>>>to become trillionaire'$$$$$$$$$ with all that NEWLY printed money inflating the NEW ECONOMY$

        NO NEED to BORROW "money" from foreign countries to finance our DEBT anymore..THE 666 National Lottery would let us self-finance OURSELVES

                                              PartyFLAT 666 National Lottery Party

        Tax at 90%?!?!??  OMG NO!

        Never give up.  Banana

          psykomo's avatar - animal shark.jpg

          United States
          Member #4877
          May 30, 2004
          5124 Posts
          Offline
          Posted: April 29, 2016, 5:12 pm - IP Logged

          Tax at 90%?!?!??  OMG NO!

          Remember LIBG:

          IT is all "FREE" tickets & prizes for players & 90% collected tax would go to the foreign countries to payback P&I.

                                     US Flag   Aunt that America  US Flag

            Bondi Junction
            Australia
            Member #57242
            December 24, 2007
            1102 Posts
            Offline
            Posted: April 30, 2016, 5:57 pm - IP Logged

            Seems like a no-brainer.  Have a national lottery where the proceeds are used 100% to pay down the national debt which is approaching 20 trillion dollars?  The jackpot would make powerball look like pick 3.  US Flag

            America has a 'National Lottery', but it is not run from Washington. The Massachusetts lottery has a subscription service which is available across the United States by phone. You can subscribe to Megabucks Doubler for $100 a year. As you can subscribe from any state or territory, is is a 'National Lottery'.

            We all get a lot out of lotteries!

              pickone4me's avatar - 021414tvlies zpsa453b327.jpg
              Wisconsin
              United States
              Member #104962
              January 23, 2011
              1075 Posts
              Offline
              Posted: May 8, 2016, 5:59 pm - IP Logged

              Seems like a no-brainer.  Have a national lottery where the proceeds are used 100% to pay down the national debt which is approaching 20 trillion dollars?  The jackpot would make powerball look like pick 3.  US Flag

              The feds screw up everything.  No one would win, as it would be rigged more than it is already.  It would make more sense to cut funding to other countries, and the UN and all that greenie agenda foolishness, that would save quite a bit.

              Trump 2016!

                grwurston's avatar - 144
                Let's Go Rangers!!!
                bel air maryland
                United States
                Member #90251
                April 24, 2010
                4879 Posts
                Offline
                Posted: May 8, 2016, 8:17 pm - IP Logged

                The feds screw up everything.  No one would win, as it would be rigged more than it is already.  It would make more sense to cut funding to other countries, and the UN and all that greenie agenda foolishness, that would save quite a bit.

                There would be no deficit if every one paid their fair share of federal income taxes. 45.3%, (Approx. 77 million) households paid no federal income tax last year.

                Nobody likes paying taxes, but if everybody pitched in, it would lessen the burden for everyone.

                "You can observe a lot just by watching." Yogi Berra, Hall of Fame baseball player.

                The numbers will tell you what numbers to play. Pay attention to the numbers.

                Don't just think outside the box, crush it.

                  Kingofearth's avatar - Kinnak
                  Upstate NY
                  United States
                  Member #174656
                  May 5, 2016
                  775 Posts
                  Online
                  Posted: May 9, 2016, 12:03 am - IP Logged

                  Seems like a no-brainer.  Have a national lottery where the proceeds are used 100% to pay down the national debt which is approaching 20 trillion dollars?  The jackpot would make powerball look like pick 3.  US Flag

                  States without Powerball or Mega millions: 

                  Alabama: 1.51% of the US population

                  Utah: 0.93% of the US population 

                  Mississippi: 0.93% of the population

                  Nevada: 0.90% of the population

                  Hawaii: 0.45% of the population

                  Alaska: 0.23% of the population

                  Results via Wikipedia

                  You could make the case that a national lottery would be big enough to come anywhere close if a 1.5 Billion jackpot was created using only a handful of small states but in the real world, the impact of adding the above will be minor and all it would do would be the federal government adding a lottery to states that don't want it.