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Thread: And the rich get richer
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08-01-2011, 02:14 PM #1Moderator
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And the rich get richer
~You can beat the lottery if you have enough money for start-up. A game with a windfall for a knowing few - Boston.com
Hard to believe they haven't closed the loopholes that allow this. I certainly don't blame those with the know-how, money and time to do it but it sure stinks for the people with only enough money to play 2 or three tickets.
Then again, most of us know that it's mostly throwing money down a rathole anyway. But I still feel sorry for the little guys. ~~Constance
~DH
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08-01-2011, 02:19 PM #2Registered User
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SERIOUSLY!!! And they make a business out of the Lottery - a gambling company?
The Frugal Cavegirl Kim
2012 coupon challenge: $12/$320
May Grocery Challenge:$365 /$525
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08-01-2011, 02:19 PM #3
If the lottery commission KNOWS about the flaw in the system, I don't understand why the game is even still running?
If you could kick in the pants the person responsible for your problems, you wouldn't be able to sit for a month.
Did you know that a 4 year student paying $20,000/year who finances their education graduates with over $103,000 in debt to start? But a student who works and pays cash and takes 6 years to graduate ends with $6,300 in their pocket! So much for "getting a head start by financing!"
Greebo(Nerd Spender): Loving and extremely patiently tolerated husband of ceashels.
WARNING: Y Chromosome behind the keyboard. Adjust your listening filters appropriately!
ThreeTwo mortgages,twooneno car loans,oneno credit cards, and a partridge in pear tree!
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08-01-2011, 03:13 PM #4Registered User
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There's no loophole, they are playing a statistics game. It's a game of chance and they know that their chances are very very good if they buy 300,000 tickets. Good for them, and what a way to "game the system."
Did you also notice that the state is going to make nearly 1 BILLION off the "little people" playing 1 or 2 tickets at a time? Paying back 2 or 3 million to smart lottery players is nothing.
And remember, they'll pay about 50% of what they win back in taxes.Use it up, Wear it out,
Make it do, Or do without. ~unknown
You can't always get what you want
But if you try sometimes you just might find
You get what you need ~Rolling Stones
A clean house is a sign of a wasted life. ~unknown
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08-01-2011, 03:14 PM #5
I hope Mr and Mrs Selbee and Mr Fettig are inundated with requests for money from friends and family
.
No spend days 2012 92/365
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08-01-2011, 05:17 PM #6Registered User
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They do that over here with the lottery, if the jackpot has 3 rollovers and no-one has won the prizes gets 'rolled-down' but only a level or 2 so you still need to get 5+ numbers to get a good payout.
Kelly & DH Alex ♥
Baby #1 - Finley - 4/4/11
Goals For 2012:
Keep to budget
Make new saving accounts (1 for us 1 for DS)
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