I have an idea: why not restrict the winners of the lottery to those who earn $50,000 or less per year?

Agree, Disagree, Why?

MacTheWolf (imported) wrote: Tue Nov 02, 2010 7:40 pm I have an idea: why not restrict the winners of the lottery to those who earn $50,000 or less per year?

Agree, Disagree, Why?

Agree, I love watching someone win who has never had a break in this life winning the lottery. I love to see people who have struggled all their lives all of a sudden have things easy. I do think the lotteries need to financially advise the winners since they are not used to that much money. Even I would need help just making donations. I have no idea how to give a million to a charity.

MacTheWolf (imported) wrote: Tue Nov 02, 2010 7:40 pm I have an idea: why not restrict the winners of the lottery to those who earn $50,000 or less per year?

Agree, Disagree, Why?

I need more information, please.

Before or AFTER taxes?

Gross or net?

Better yet restrict the winners too me alone after everything I've gone through I think I deserve a break so with that in mind every one go out a buy ten dollars worth of lottery tickets and then mail them to me who know's I might win more than twenty bucks!D

A-1 (imported) wrote: Tue Nov 02, 2010 11:15 pm I need more information, please.

Before or AFTER taxes?

Gross or net?

I'd say $50,000 or less before taxes. In addition, when a person came to claim his winnings he be required to bring in his last 1040 statement. If he made over $50,000, the money would to the runner up, if he qualified.

MacTheWolf (imported) wrote: Wed Nov 03, 2010 4:21 pm I'd say $50,000 or less before taxes. In addition, when a person came to claim his winnings he be required to bring in his last 1040 statement. If he made over $50,000, the money would to the runner up, if he qualified.

O.K.,

What is to stop you from giving your ticket to a poor friend, then, if you win?

Furthermore, talk about your regressive taxes. Only the POOR folks who could least afford to would buy lottery tickets. Nobody who made over 50k a year would buy them because they couldn't win.

Turns out that this idea is about as regressive and immoral as the Republicans financial backers...

What about the "reason for a State lottery"?

Califo-nians approved a ballot initiative for a State Lottery on the promise that profits would help fund Califo-nia's public schools.

Can anyone demonstrate the Califo-nia State lottery has sent one cent to "schools".

Moi

Populist State Lottery advocate

Almost every poor person I know, me being the exception, buys a lottery ticket at least once a week. It what the poor in California do.

moi621 (imported) wrote: Wed Nov 03, 2010 8:24 pm What about the "reason for a State lottery"?

Califo-nians approved a ballot initiative for a State Lottery on the promise that profits would help fund Califo-nia's public schools.

Can anyone demonstrate the Califo-nia State lottery has sent one cent to "schools".

Moi

Populist State Lottery advocate

Of course all the lottery money goes to the schools, that is there only funding now and its still not enough, you see it was to be added to what was in the budget now its the only thing in that budget.

River

So,

Is it that to compensate for lottery funding of schools, the usual tax support was withdrawn yielding the schools no net increase of funding?

It that it?

Thanks