Powerball, Mega Millions sales from big jackpots help boost state budgets _ to a point

  • Article by: RYAN J. FOLEY , Associated Press
  • Updated: February 23, 2014 - 5:19 PM

IOWA CITY, Iowa — The scores of losing players in last week's $425 million Powerball jackpot did more than take an extremely long shot at getting rich. Their ticket purchases also helped fund a small but increasingly important part of their states' budgets.

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dahutysFeb. 23, 1410:47 AM

So people are actually being literal when they call the lottery "a tax on the stupid"?

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riely111Feb. 23, 1410:59 AM

Totally understand the reason for states to have a tax system in place for essential items but this article explains the reason state run gambling should be legalized such as sports betting, casinos and online poker. Citizens can choose to participate if they like, states will generate revenue and will not be forced to dream up special taxes to pay for items that most people feel will be used for wasteful spending.

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pervertuiopFeb. 23, 1411:14 AM

How's Mark Dayton's ePulltab revenue stream these days?

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boozlesFeb. 23, 1411:27 AM

Gambling such as the lottery is definitely a tax on the poor. Go ask residence of Deephaven or North Oaks how many of them play the lottery, I bet you won't find many at all. Lottery can become addictive for people who are in financial desperate situations, they see lottery as a chance at getting out of poverty even though it just helps keep most of them even poorer as an end result.

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boozlesFeb. 23, 1411:30 AM

Gambling such as the lottery is definitely a tax on the poor. Go ask residence of Deephaven or North Oaks how many of them play the lottery, I bet you won't find many at all. Lottery can become addictive for people who are in financial desperate situations, they see lottery as a chance at getting out of poverty even though it just helps keep most of them even poorer as an end result.

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thefalconFeb. 23, 1412:06 PM

The very people who should not be playing these games are the ones who do. Go to a gas station and look at the ones buying these tickets. They are usually loading up on multiple packs of cigarettes also. I guess the poor do par their fair share in this case.

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thefalconFeb. 23, 1412:56 PM

I should add the poor are paying for most of the vaunted vaunted Vikings stadium as well. The fact is most people who still smoke are middle to lower middle class. Higher income people rarely smoke anymore.So the very people Dayton and the liberals claim to champion are paying for his vaunted stadium. Kind of ironic.

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borisbadenovFeb. 23, 1412:59 PM

Why not just send your disposable income to the state instead of heading out to buy a lottery ticket? Your odds of winning are less than getting hit by lightening. Having a government that preys on it's citizens by sponsoring gambling is frightening.

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borisbadenovFeb. 23, 14 1:00 PM

There will come a day when you can use your EBT card to play the lottery. The government giveth and the government taketh.

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dakmarknetFeb. 23, 14 2:32 PM

Considering gambling is the choice of revenue for Republican lawmakers, I am not surprised by these results. But this revenue pales in comparison to what the state of Colorado is expected to generate as a result of state approved marijuana sales. Colorado estimates nearly $1 billion in sales of which 25% goes directly into the state coffers. How long can Republicans hold onto those good old "family values" before they melt and dip into those kinds of revenues. It won't be long before all red states start approving sales to get their fair share of revenue. It started with Nevada and the gambling, it will begin with Colorado and marijuana.

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