[General] Lotto Run?

[Justin Richards]

I'm SOOO interested in this conversation...
On Mar 30, 2012 8:16 AM, "Matthew H" <hendrix04 at gmail.com> wrote:

> Definition of a tax:
>
> a sum of money demanded by a government for its support or for
> specific facilities or services, levied upon incomes, property, sales,
> etc.
>
>
> You are not FORCED to buy a lottery ticket, there for it cannot be a
> tax. As far as exploiting people, might as well stand up against
> alcohol and other addictive things as well.
>
>
> On Fri, Mar 30, 2012 at 7:47 AM, Jake McArthur <jake.mcarthur at gmail.com>
> wrote:
> > I think if it is not a tax it is something even worse. It encourages and
> > exploits people's irrationality.
> >
> > On Mar 29, 2012 8:52 AM, "Matthew H" <hendrix04 at gmail.com> wrote:
> >>
> >> Can you call it a tax when it isn't mandatory? Don't think so... I
> >> really hate the "The lotto is a tax on the poor" bullshit.
> >>
> >> On Thu, Mar 29, 2012 at 7:55 AM, Jake McArthur <jake.mcarthur at gmail.com
> >
> >> wrote:
> >> > State lotteries have negative expectancy. Always. If they didn't,
> there
> >> > would be no reason for the states to have lotteries. They aren't
> >> > charities.
> >> > They are taxes on people who can't do the math or who don't read the
> >> > rules.
> >> >
> >> > On Mar 29, 2012 6:19 AM, "David" <ainut at knology.net> wrote:
> >> >>
> >> >> BUT, if other people also had the winning numbers, they all split it,
> >> >> AIUI.
> >> >>
> >> >>
> >> >>
> >> >> Devin Boyer wrote:
> >> >>
> >> >> "A jackpot-winning ticket must match all five numbers drawn from a
> pot
> >> >> containing 56 balls and then match the Mega Ball, which is drawn
> from a
> >> >> pot
> >> >> containing 46 numbers. Odds of winning are almost 176 million to 1.
> >> >> Each
> >> >> ticket costs $1."
> >> >>
> >> >> If I'm reading this right (too lazy to crunch the numbers) for $176
> >> >> million, you can buy one of every ticket.  Because "Friday's $476
> >> >> million
> >> >> prize is payable as an annuity over 26 years," it seems like it would
> >> >> make
> >> >> for a decent return-on-investment.
> >> >>
> >> >> If only I had the $176 million...
> >> >>
> >> >> On Wed, Mar 28, 2012 at 8:22 AM, Wayne Neumaier <wneumaier at gmail.com
> >
> >> >> wrote:
> >> >>>
> >> >>> Any plans for a ticket run up to Tennessee?
> >> >>>
> >> >>>
> >> >>>
> >> >>>
> http://news.blogs.cnn.com/2012/03/28/mega-millions-jackpot-hits-record-476-million/?hpt=hp_t3
> >> >>>
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> >> >>
> >> >>
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> >> >>
> >> >> --
> >> >> I DO have a reasonable expectation of privacy in my cell phone and
> >> >> everywhere else.  In fact, gubmnt,I insist upon it.
> >> >>
> >> >>
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