RANT: Lotto tries to welch on a winning ticket

Saturday, March 29, 2025

https://nypost.com/2025/03/25/us-news/mystery-winner-of-83-5m-lottery-may-never-see-her-money/

Mystery winner of whopping $83.5M lottery may never see her money — due to a sudden technicality

By Isabel Keane   —  Published March 25, 2025, 9:53 a.m. ET

*** begin quote ***

A Texas woman with a winning $83.5 million lottery ticket may never get her mega payout because officials are investigating the app she used.

The woman, who has not been publicly identified, bought $20 worth of Texas Lotto tickets for the Feb. 17 drawing on the app Jackpocket — a lottery courier service state lawmakers are now trying to ban.

*** end quote ***

Why is the Gooferment involved in gambling in the first place?

And, if the “courier service” is a legal business now, what’s the problem?

Will the State refund all the tickets purchased thru the app?

I don’t think so.

And, economics experts have all pointed out that these State run games are a tax on the poor.  As well as provide lucrative “jobs” for Gooferment bureaucrats.

Like so many other things run by the Gooferment, the private sector could do it better and give the players a better prompter payout.

Argh!

—30—

 


RANT: A tax on the poor

Friday, October 18, 2024

https://nypost.com/2024/10/08/us-news/mega-millions-ticket-price-more-than-doubling-to-5/

Mega Millions ticket price more than doubling to $5 — with promise of bigger jackpots and higher odds
By Allie Griffin 
Published Oct. 8, 2024, 2:50 a.m. ET

*** begin quote ***

Mega Millions tickets will more than double in cost next April from $2 to $5 a pop, lottery officials announced Monday, adding that the new price tag will come with higher cash prizes.

The price increase will come with greater odds of scoring bigger jackpots as part of a “mega overhaul” of the lottery launching in April 2025, Mega Millions said. 

*** end quote ***

Sorry, but this is just a tax on people’s hopes and dreams.  And the tax collector is the biggest winner.

I’d like to see the Gooferment make some regulations to bring back “fair play”.  

  • No taxes on winnings.
  • No repayment of welfare benefits on any “small” winnings.
  • No unclaimed prizes should go the Gooferment; throw it in the next pot for drawing,
  • Strict regulation on “employee compensation”.
  • Strict privacy for big winners.
  • And all numbers from 0 to 99.

Then, maybe it would be “fair”.

—30—


ADHOC: Why does the Gooferment get to tax “winnings”?

Tuesday, August 27, 2024

nj1015.com/5-bet-turns-into-1-million-at-hard-rock-atlantic-city/

Why does the Gooferment get to tax “winnings”? I doubt that I am “ahead” even though I-paid taxes on my winnings that exceeded the “threshold”.

And why does the Gooferment get to run the lottery?  At least the bookies paid fair odds.

Also, why when a lotto jackpot go unclaimed does the Goofermentget to keep it?

Argh!

—30—


POLITICAL: Picking “legislators” by lottery — couldn’t be any worse?

Wednesday, November 16, 2022

https://www.bostonreview.net/articles/the-case-for-abolishing-elections/

The Case for Abolishing Elections
They may seem the cornerstone of democracy, but in reality they do little to promote it. There’s a far better way to empower ordinary citizens: democracy by lottery.
Nicholas Coccoma

*** begin quote ***

Why lotteries and not voting? The Athenians weren’t fools; they learned through bitter trials that elections are tools of elites. Having seen the Athenian experiment himself, Aristotle noted as much. “The appointment of magistrates by lot is democratical,” he observes in Politics, “and the election is oligarchical.” Lotteries go straight to everyday people and bring them into power; they circumvent the designs of aristocrats, resist corruption, and don’t favor one group of citizens over another.

*** end quote ***

I think that we should pick US Senators the osd fashioned way by eliminating the Seventeeth Amendments.  And US House Reps by a random drawing like the Lotto.  Everyone who’s willing can get one ticket and, if they win, they get a small salary to represent the district; one term limit for sure, then they return to their real life.

It couldn’t possibly be any worse than what we have now.

I’d like the Pepuls Republik of Nu Jerzee to have a lower house selected by a random draw from the general population and an upper house selected by a random draw from only taxpayers.

Like any of this could happen!

—30—


MONEY: Understanding the tax on stupidity

Friday, September 28, 2012

http://www.ricedelman.com/cs/pressroom/pressroom_detail?pressrelease.id=3268

Against All Odds

For Immediate Release
September 21, 2012

If you insist on playing the lottery, make sure you know the true risks and downsides.

*** begin quote ***

When you step outside your home, are you afraid of being struck by lightning? Of course not. You know the chances are remote.

But you were more likely to be hit by lightning twice than you were to win the top prize in the Mega Millions lottery jackpot when it paid a record $640 million recently. Indeed, you were 176 times more likely to be struck and killed by lightning than to win that jackpot, four times more likely to be killed by fireworks and nine times more likely to die from a television falling on your head.

Just so we’re clear, I’m not a big fan of buying lottery tickets. Essentially they are a tax on the stupid. Because of the infinitesimal odds against winning, you’re giving dollars to the government for nothing in return.

*** and ***

Sadly, those who spend hundreds of dollars annually hoping to become an overnight multimillionaire will never achieve the riches they seek. But if they instead placed that money into the average stock mutual fund every day for 45 years, they would indeed become wealthy.

It’s true: $3 invested every day for 45 years, assuming it grows at the historic 10% annual return that the S&P 500 Stock Index has earned on average since 1926 according to Ibbotson Associates, would be worth nearly $1 million.

*** end quote ***

An excellent and perceptive argument against the chronic lottery player.

Some folks are “lucky”. But many “gamblers” I know, even “lucky” ones, avoid the lottery in any form because they are “not lucky at it”.

Most persuasive part of Rick’s indictment is that $3 / day makes you a millionaire in 45 years!

I didn’t realize that. Wish I had 45 years ago.

I do remember some NYC bank had the adage “small leaks sink great ships” embossed on its passbook savings. Maybe it should have been “three bucks a day makes you a millionaire in 45 years”.

Do Americans save ANYTHING any more?

I also noticed today driving through a “poor  section” of town that everyone I saw was smoking. Hmmm, a causal relation?

# – # – # – # – #   


INTERESTING: “Hunger Games” as a little L libertarian recruiting tool

Sunday, March 25, 2012

http://www.imdb.com/title/tt1392170/

Hunger Games (2012)
A strong anti Government message

I’m sure that this movie will create some budding little L libertarians. Even more so than the recent “Atlas Shrugged”. If only because the theater was packed with youngsters. Some as young as 10. So much for PG13. And, of course, the obligatory crying baby!

On technical points, while it may win Academy Awards and be a box office smash, it is NOT “GREAT”! (Although I might go see it again to capture the nuances drown out by the poor crying baby. (Wasn’t that “child abuse”? Or aggression by the parent of stealing their fellow theater goers’ expensive experience.)

I didn’t think anything was especially note worthy. In the ENTIRE movie. in general. It doesn’t have a stand.out “Gone With The Wind” type moment.

It lacks the vivid realism of that opening scene in “Saving Private Ryan”, which as much as Hollywood could, puts you on the beach with a feel for the awesome ferocity and death. Made me realize that those D-day vets were one crazy group of men. With real ‘huevos rancheros’. Lacks the pathos of Tom Hanks in “Castaway”. Fails to terrorize us like “Psycho”.

It fails to communicatethe abject desperate poverty critical to the story line. The “District 12” residents don’t look like the starving Death Camp inmates in that “Band of Brothers” segment. Or the poor in Henry Fonda’s portrayal in “Grapes of Wrath”. Look at a picture from the Depression and it communicates poverty. In fact, the “poor” from District 12 look fatter than the average Hollywood starlet or runway fashion model. Hollywood can do anorexic well; the “hungry” cast looks downright fat.

In doesn’t havean iconic line of dialogue like: George C. Scott in “Patton” telling us “to make the other poor dumb bastard die for HIS country”; Jack Nicholson as  Col. Nathan R. Jessep in A Few Good Men shouting “You can’t handle the truth!”; Michael Douglas as Gordon Gekko in “Wall Street” calmly quietly promulgating the Libertarian realization that “Greed, for lack of a better word, is good.”. Somehow “May the Odds be Ever in your Favor” just doesn’t do it; “May the Force Be With You” was best.

It doesn’t have the artistic beauty of “Avitar, “She Wore A Yellow Ribbon”, or “Casablanca”.

What it does have is those sometimes wordless messages to hate the elite, the Government, the System, and “the Man”.

For example, the Government doesn’t do maintenance well when Katniss Everdeen walks through the “electrified” fence. The reason there are drugs in prison is that humans are better than maze rats for finding away.

For example, the ruling class in the Capitol are effete drones living parasitically and vacariously off the suffering poor. Effie Trinket, wearing a costumer and wearing strange cosmetics, is an example of ego run amuck. Especially when she tells the condemned tributes about her inconvenience.

For example, in registering for the reaping, the clerks have all the humanity of the Post Office or the DMV. We see that repeatedly like when the trackers are inserted in the tribute’s arms —sending the message that we don’t own our own bodies.

So there’s a ton of subliminal messaging to create little L libertarians in the future.

So on that basis alone, it overcomes all its shortcomings. And revolutions don’t fail. The human spirit, like the maze rat, always gets through.

# – # – # – # – #   # – # – # – # – #

Here’s a thoughtful well-written review of the movie. As opposed to what you read above.

http://www.thenewamerican.com/reviews/movies/11303-the-hunger-games-movie-first-in-an-exciting-trilogy

# – # – # – # – #  2012-Mar-27 @ 18:13

: the realistic real li