Most states have a 50% payout, with the other 50% going to schools and other public works. So, every time someone wins a lottery, the general public also wins that lottery.
I’m perfectly happy with a voluntary tax on people who are bad at math. I don’t want lotteries outlawed. I want them expanded. I think we should make lottery tickets (partially) tax deductible. I think there is an argument to be made that if lottery earnings are considered income, lottery tickets should be considered an expense. The state is going to end up with half that money anyway; I think $0.50 on the dollar should be tax deductible.
it’s all accounting bullshit… paying for schools with gambling money is weak and corrupt… we have the money to pay for schools without it… we like to pass the responsibility off to someone else, that’s all… and when you think about it, a voluntary tax on the uneducated to pay for schools isn’t real bright, is it…
Most states have a 50% payout, with the other 50% going to schools and other public works. So, every time someone wins a lottery, the general public also wins that lottery.
I’m perfectly happy with a voluntary tax on people who are bad at math. I don’t want lotteries outlawed. I want them expanded. I think we should make lottery tickets (partially) tax deductible. I think there is an argument to be made that if lottery earnings are considered income, lottery tickets should be considered an expense. The state is going to end up with half that money anyway; I think $0.50 on the dollar should be tax deductible.
it’s all accounting bullshit… paying for schools with gambling money is weak and corrupt… we have the money to pay for schools without it… we like to pass the responsibility off to someone else, that’s all… and when you think about it, a voluntary tax on the uneducated to pay for schools isn’t real bright, is it…
There is nothing noble about taking money from people who want to keep it, and/or refusing it from people who want to give it.