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Notice how the lottery pot keeps getting bigger and bigger and bigger??

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posted on Apr, 2 2012 @ 04:48 PM
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Hmmmmmm.... I wonder if this is a direct correlation to how desperate people are, and more and more people kicking money into the SCAM, oops, I meant TAX, oops, I mean lottery? During good times people do not feel this urge to kick money into a pipe dream and use the money for tangible assets and or things that they need, want, enjoy. During economic hard times casino's and lottery amounts/expenditures seem to increase... I wonder what the next mega lotto amount will be? You do realize that you have a better chancem, statistcially, of getting mauled by a polar bear and grizzly all in the same day than winning the lotto???.....




posted on Apr, 2 2012 @ 05:17 PM
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I disagree, after some quick research ( Result history) It would seem even though this year it has started out massive these big numbers eventually pop up over time.
edit on 2-4-2012 by Bixxi3 because: (no reason given)





Friday, August 31, 2007 $330 Million

edit on 2-4-2012 by Bixxi3 because: (no reason given)



posted on Apr, 2 2012 @ 05:21 PM
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Originally posted by Bixxi3
I disagree, after some quick research ( Result history) It would seem even though this year it has started out massive these big numbers eventually pop up over time.
edit on 2-4-2012 by Bixxi3 because: (no reason given)



Hmmmm, I guess we shall see when stats come out...





posted on Apr, 2 2012 @ 05:24 PM
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reply to post by pityocamptes
 


Thanks for bringing this up.

A friend and I have been discussing the statistics of lottery jackpots and their seeming improbablity. Jackpots on games that consistently reach stratospheric levels seems to be the norm, where just a couple of years ago that very rarely happened.

Let's take the latest Mega Millions drawing. The odds of winning the jackpot are 1 : 175,000,000. Now look at the weekly Prize Amount leading up to someone actually winning:

Mega Millions Winning Numbers

I don't know if there is a resource on the web to find out how many tickets were being sold before every drawing but the odds of a 1:175 Million odds lottery NOT having a winner for all those weeks seems absurd. (I hear that the latest Mega Millions drawing was selling 100 Million tickets an hour. And only three winners? Look at the odds again and apply the math.)

Coincidence? Or just state revenue-starved treasuries needing a boost?

I remember how the state of Minnesota got the lottery passed in the first place. Because the proceeds were to go to the Environmental Fund, thus getting passed on the ballot. Nowadays, all the proceeds go to the General Fund. If voters would have been presented with that scenario the measure would have gone down in flames!

Hmmmmm indeed!

"Lottery: A tax on people who are bad at math." ~ Ambrose Bierce

(Oh, and by the way...Ambrose Bierce lived from 1842 thru 1913!)

Ambrose Bierce



posted on Apr, 2 2012 @ 05:26 PM
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Originally posted by pityocamptes

Originally posted by Bixxi3
I disagree, after some quick research ( Result history) It would seem even though this year it has started out massive these big numbers eventually pop up over time.
edit on 2-4-2012 by Bixxi3 because: (no reason given)



Hmmmm, I guess we shall see when stats come out...




thats a interesting page. But im confused on what its telling me. That lotto sales in west Virgina make up 36.1% of the states revenue. And does it mean over the whole year or just while the jackpot is going? Lol sorry if its simple, i just woke up



posted on Apr, 2 2012 @ 05:37 PM
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Originally posted by Bixxi3

Originally posted by pityocamptes

Originally posted by Bixxi3
I disagree, after some quick research ( Result history) It would seem even though this year it has started out massive these big numbers eventually pop up over time.
edit on 2-4-2012 by Bixxi3 because: (no reason given)



Hmmmm, I guess we shall see when stats come out...




thats a interesting page. But im confused on what its telling me. That lotto sales in west Virgina make up 36.1% of the states revenue. And does it mean over the whole year or just while the jackpot is going? Lol sorry if its simple, i just woke up



Yep - 36.1% of total revenue

Over the whole year...



Lotto is just another state grab for $$$$$$$$$$$$$$$$$$$



posted on Apr, 2 2012 @ 05:40 PM
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Originally posted by pityocamptes

Originally posted by Bixxi3

Originally posted by pityocamptes

Originally posted by Bixxi3
I disagree, after some quick research ( Result history) It would seem even though this year it has started out massive these big numbers eventually pop up over time.
edit on 2-4-2012 by Bixxi3 because: (no reason given)



Hmmmm, I guess we shall see when stats come out...




thats a interesting page. But im confused on what its telling me. That lotto sales in west Virgina make up 36.1% of the states revenue. And does it mean over the whole year or just while the jackpot is going? Lol sorry if its simple, i just woke up



Yep - 36.1% of total revenue

Over the whole year...



Lotto is just another state grab for $$$$$$$$$$$$$$$$$$$


Oh man thats insane, that big of a number can only lead to corruption :/



posted on Apr, 2 2012 @ 05:51 PM
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In some States, I'm sure the income from lottery is the only way to take in money from non-tax paying freeloaders. I know that's the case in Georgia. When the lottery started here, it was sold on the idea of the funds only going to the schools/education system. That's not the case now. It's being diverted to whatever the people who can push their agenda want.

Des







edit on 2-4-2012 by Destinyone because: (no reason given)



posted on Apr, 2 2012 @ 06:11 PM
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Do you know who started the lottery? The Mob, and It was called running numbers...and It was Illegal.

That should give you an Idea of how the lottery system works.



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