Pages:
Author

Topic: Lottery is a poor man's tax - page 2. (Read 658 times)

hero member
Activity: 1722
Merit: 508
October 27, 2020, 10:36:09 AM
#50
Though it's really a strategy of government to get a tax however they are legitimate and even the odds is really low there's still a possibility if you are really lucky you could be a millionaire in just 1 day for me there's nothing wrong to test your chances the only wrong thing is that some people rely on it.
full member
Activity: 1638
Merit: 122
October 27, 2020, 10:33:49 AM
#49
It can be considered that way, because the poor man is the one patronizing the lottery but even if the odds is very huge to win the jackpot this is one of the hope of the poor people to have a chance to change their life for the better, as long as you are not betting more than you can afford I don't see any issue at all.

with the huge jackpot and low cost per bet or ticket , who wouldnt be ? poor people are mostly hopeless , no huge money , skilless , no education but they have some small amounts of money that are enought to participate in a lotto draw .  

the problem of some poor is that they have a small money that supposed to be allocated for the food but they still choose to risk this money to buy a ticket instead of buying a food .

some that have a job but they also choose to buy a ticket instead of saving this money which is more sure and can help them in the future
full member
Activity: 2324
Merit: 175
October 27, 2020, 10:26:35 AM
#48
It can be considered that way, because the poor man is the one patronizing the lottery but even if the odds is very huge to win the jackpot this is one of the hope of the poor people to have a chance to change their life for the better, as long as you are not betting more than you can afford I don't see any issue at all.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
October 27, 2020, 10:03:15 AM
#47
Since the lottery is a gambling game base on luck, then I think the cons will be bigger than the pros because you will see that you don't have a big chance to win the money. If the government owned the lottery, I think they give all people a dream that they deserve to win the jackpot, but they need to compete with the other people. I don't play the lottery too often because I know the chance to win will not be bigger.
legendary
Activity: 2282
Merit: 1041
October 27, 2020, 10:01:40 AM
#46
I'm playing lottery and I don't see anything wrong on it, our government is the one running the lottery and a big chunk of the revenue go to the charity program of the government, so if I'm betting in a lottery I am hoping to win the jackpot but if I did not win the jackpot at least I have a consolation that I am helping the government's program to uplift the need of the poor, and if it's a way to tax the people I consider this no issue at all as long as I can see that people benefits from this.
We also sometime see winners featuring their real life experience in television so I don't doubt it, especially it was able to help others. I even bet in lottery whenever I feel lucky and sometime won few numbers and some small winnings in their scratch cards. It's just a matter of taking risk like how gambling works but with a chance to help charities as well the government. Hopefully whoever deserving win in a right way and they don't do any misleading results especially when the price is too high.

Although I doubt the government really does help 100% but I'm sure they do. So playing is one way of helping the government.

I have also tried that scratch card for awhile that I won few numbers. Its almost like how I won bets on Keno game hitting only 3-4 numbers out of 10. Its almost impossible to really hit the 10 digits but there are incidents lately just like this guy in this thread who won 5LTC by with just 0.001 LTC bet.

hero member
Activity: 1288
Merit: 564
Bitcoin makes the world go 🔃
October 27, 2020, 08:59:31 AM
#45
I'm playing lottery and I don't see anything wrong on it, our government is the one running the lottery and a big chunk of the revenue go to the charity program of the government, so if I'm betting in a lottery I am hoping to win the jackpot but if I did not win the jackpot at least I have a consolation that I am helping the government's program to uplift the need of the poor, and if it's a way to tax the people I consider this no issue at all as long as I can see that people benefits from this.
We also sometime see winners featuring their real life experience in television so I don't doubt it, especially it was able to help others. I even bet in lottery whenever I feel lucky and sometime won few numbers and some small winnings in their scratch cards. It's just a matter of taking risk like how gambling works but with a chance to help charities as well the government. Hopefully whoever deserving win in a right way and they don't do any misleading results especially when the price is too high.
member
Activity: 952
Merit: 27
October 27, 2020, 08:55:17 AM
#44

Do you think that the pros of playing lottery outweigh the cons or vice versa?

Is government owned lottery a scummy way to tax the poor people?

How far are you willing to gamble to win the coveted jackpot (If you are playing lottery)?



This is a poor man way to catapult himself to get riches, here in our country I see some people actually winning the jackpot I like to believe that there are people winning the jackpot and in case you did not hit any of the jackpot the big percentage of the revenues go to welfare of the poor in our country one of my friend is a benefactor of that I do not want to think it as a tax I rather think of it as a way of helping the government. 
sr. member
Activity: 1400
Merit: 269
October 27, 2020, 08:50:23 AM
#43
Lottery still can give you profit even if you don't get the right lines , but it takes a lot time and effort to actually win the jackpot. Depending on your luck you just might bleed money instead of winning, some machines are just really doesn't give you anything and end up with a lose streak. So i'd rather go with quick high risk games than playing for hours to just gain nothing.
sr. member
Activity: 2828
Merit: 357
Eloncoin.org - Mars, here we come!
October 27, 2020, 08:44:08 AM
#42
Lottery is the most notorious of all the gambling institution. The promise of a good life is what makes this a lucrative attraction for the people below or hanging in the poverty line. Although the odds of winning is higher than becoming an astronaut, many still take the chance to get the coveted numbers. Unless you are a statistician/mathematician or you have the money the money to buy all the combinations, winning is close to impossible.

Do you think that the pros of playing lottery outweigh the cons or vice versa?

Is government owned lottery a scummy way to tax the poor people?

How far are you willing to gamble to win the coveted jackpot (If you are playing lottery)?


you give me a good idea about this mate and yeah it looks like government is really scamming lottery bettors by this.
though i use to bet in lottery in past when i am still living in my parents house because there is a ticketing  near us and some of my friends bets as well.
Hope this is not truly happening because if does then the Poor is the most victim in all of gambling games.
copper member
Activity: 658
Merit: 402
October 27, 2020, 08:36:36 AM
#41
The lottery gives us small chance or to no chance of winning at all, yet these people still want to try their luck by betting. Living in a developing country, I can see how the lottery is popular in middle to lower class. I don't know why but people who are struggling financially are the ones who have high hopes of winning the lottery although they know that there's a low probability. Maybe because they think that winning from the lottery can help them to become rich. But for me, there's nothing wrong as long as it's fine for them to risk a small amount of money with small hope of winning. As for the government, since they usually own the lottery, of course, they will tax people.
hero member
Activity: 2954
Merit: 796
October 27, 2020, 08:35:10 AM
#40
Lottery is the most notorious of all the gambling institution. The promise of a good life is what makes this a lucrative attraction for the people below or hanging in the poverty line. Although the odds of winning is higher than becoming an astronaut, many still take the chance to get the coveted numbers. Unless you are a statistician/mathematician or you have the money the money to buy all the combinations, winning is close to impossible.

Do you think that the pros of playing lottery outweigh the cons or vice versa?

Is government owned lottery a scummy way to tax the poor people?

How far are you willing to gamble to win the coveted jackpot (If you are playing lottery)?


Nope because Lottery has been there ever since and not only poor people is engaging in Lottery,also taxation is applied to all gambling games not only this.

though yeah majority of bettors are poor but it does not necessarily mean those are being abused of the government.

People are not mandated to bet on lotteries and that is enough I think to tell that it is not an abuse of the government. They tend to bet not because they are required but because it is their own likeness hoping to get a "better" life out of luck. Since they are having a tough time to get rich on their jobs, they are still gambling their luck to the other way of having huge mount of money. We cannot blame them from doing so, since in the first place they are not required to bet on lotteries. But it is true, winning is a punch to the moon and little do they know that as their trials are getting bigger, same thing happens with their losses.

It's actually a tax trap by the government. There's a lot of free money coming in on lottery since anyone can play it disregarding financial status. Playing it cost small amount of money so even poorest of the poor can bet there last penny to gamble for there fortune.

The chance of winning the lottery is slimmer rather than by a lightning. Imagine the majority of the people throwing there money on this government gambling makes a huge chunk of money for the government. Why small time gambling is prohibited while this gambling is legal while the amount of money on playing on it is same small amount? Simply because government can easily monopolise tax using this lottery game. I agree on OP the way he view this game.
sr. member
Activity: 1484
Merit: 323
October 27, 2020, 08:27:08 AM
#39
Lottery is the most notorious of all the gambling institution. The promise of a good life is what makes this a lucrative attraction for the people below or hanging in the poverty line. Although the odds of winning is higher than becoming an astronaut, many still take the chance to get the coveted numbers. Unless you are a statistician/mathematician or you have the money the money to buy all the combinations, winning is close to impossible.

Do you think that the pros of playing lottery outweigh the cons or vice versa?

Is government owned lottery a scummy way to tax the poor people?

How far are you willing to gamble to win the coveted jackpot (If you are playing lottery)?


Nope because Lottery has been there ever since and not only poor people is engaging in Lottery,also taxation is applied to all gambling games not only this.

though yeah majority of bettors are poor but it does not necessarily mean those are being abused of the government.

People are not mandated to bet on lotteries and that is enough I think to tell that it is not an abuse of the government. They tend to bet not because they are required but because it is their own likeness hoping to get a "better" life out of luck. Since they are having a tough time to get rich on their jobs, they are still gambling their luck to the other way of having huge mount of money. We cannot blame them from doing so, since in the first place they are not required to bet on lotteries. But it is true, winning is a punch to the moon and little do they know that as their trials are getting bigger, same thing happens with their losses.
full member
Activity: 2548
Merit: 217
October 27, 2020, 08:13:05 AM
#38
i am a Lottery fan mate and i still Bet in lottery at least one or twice a week not because i am Poor but because this is the gambling i learned from my parents and even my grandies .

now about Being taxed?nope taxation is just a normal in each gambling either online or in lottery and real casinos.

and i don't feel that way mate,i trust the government and give them a chance to seek taxes for the people.
When we say tax, it's coming from the government impose to people with income. This is not a right definition of lottery, IMO, it's more like a donation and most lotteries revenue are to help the poor people, but unfortunately, poor people are their usual bettors.
Government also gets taxes from casino and yes it is to help people and Non government organizations that seeks for support.
hero member
Activity: 1372
Merit: 564
October 27, 2020, 08:07:39 AM
#37
Lottery is the most notorious of all the gambling institution.
Most notorious gambling game in terms of getting their money Cheesy.
Since it only needs a small amount of money to make a bet, even an Average Joe can bet in lottery and even a poor person can bet on it too.

Is government owned lottery a scummy way to tax the poor people?

How far are you willing to gamble to win the coveted jackpot (If you are playing lottery)?
I can't really say that the government-owned lottery is their way to scam people since our lottery here are helping other poor people. I don't know in other government-owned lotteries in different countries though. Although it is already in my mind that government = corrupt, I can't say 100% that they are scamming people thru lottery.

I'm not playing TBH and I never tried it in my whole life. Once a week is enough maybe for me. I'm not focusing too much on things that will not give me benefit if I give some time, money and effort into it like gambling.

Here in our country lottery were being operated by the government. Legally implemented and yeah mostly of the customer was a poor people hoping that the spin of luck will throw to them and will win a million prizes. Though i cannot blame our other countrymen since the life here in our country was really hard. You can't get that dream million money of yours by just working out even 24/7. What i truly meant was cost of living was high and the salary of regular job were not so enough to sustain the daily needs of the family, so yeah maybe its true that the lottery was a poor man's tax.
legendary
Activity: 3416
Merit: 1225
October 27, 2020, 07:38:59 AM
#36
Lottery is the most notorious of all the gambling institution. The promise of a good life is what makes this a lucrative attraction for the people below or hanging in the poverty line. Although the odds of winning is higher than becoming an astronaut, many still take the chance to get the coveted numbers. Unless you are a statistician/mathematician or you have the money the money to buy all the combinations, winning is close to impossible.

Do you think that the pros of playing lottery outweigh the cons or vice versa?

Is government owned lottery a scummy way to tax the poor people?

How far are you willing to gamble to win the coveted jackpot (If you are playing lottery)?



I'm playing lottery and I don't see anything wrong on it, our government is the one running the lottery and a big chunk of the revenue go to the charity program of the government, so if I'm betting in a lottery I am hoping to win the jackpot but if I did not win the jackpot at least I have a consolation that I am helping the government's program to uplift the need of the poor, and if it's a way to tax the people I consider this no issue at all as long as I can see that people benefits from this.
hero member
Activity: 1834
Merit: 523
October 27, 2020, 07:27:30 AM
#35
Maybe the others winners of lotto is not true but for sure other winners are true. The profit that lottery will get in my country will gives to the charity or people needs help but for sure behind that they have still corruption because in every government operation for sure they have group or person who are doing bad but not all. They tax us already we are all tax payers and maybe this is other way for them to get more money or as tax. The ticket or betting is lottery is very low everyone can avail that but the winning is not easy because yes it is lot of combination numbers.
hero member
Activity: 2856
Merit: 667
October 27, 2020, 07:22:54 AM
#34
When we say tax, it's coming from the government impose to people with income. This is not a right definition of lottery, IMO, it's more like a donation and most lotteries revenue are to help the poor people, but unfortunately, poor people are their usual bettors.
hero member
Activity: 3052
Merit: 685
October 27, 2020, 07:09:07 AM
#33
I don't see it as a tax since they are free to avoid it but most of the poor are really clinging into it.
They are paying for it every once in a while to try their luck on hitting that jackpot that is almost impossible to get.
And I understand them even though I hate the idea for them it is a small sacrifice to have a chance of becoming a multi millionaire.

That's a clear point, tax is something compulsory while lottery is not.

Lottery is a kind of game that the poor loves to play, they are hoping that when their luck comes it would change their lives, but only small percentage are really winning, that's why our government loves to run their state sponsored lottery as they can make huge money from it.

I still remember that the lottery in our country run by state was stopped by the president due to corruption, but it was resume later one as they maybe realized they are losing big money on a daily basis when it's on pause mode.
hero member
Activity: 2268
Merit: 588
You own the pen
October 27, 2020, 07:04:05 AM
#32
If it's not for the poor people's benefited from the medical assistance, our charity sweepstakes office has already closed. but a lot of people have requested to put it back because they think it is the only chance to raise themselves from poverty. nowadays, you can a lot of people fall in line just to get their hand to buy one ticket that might lead them to escape poverty but in most cases, that's become one of the reasons to stay in poverty because of such mindsets.

This is the article regarding our national charity sweepstakes office.



https://cnnphilippines.com/news/2019/7/27/what-s-at-stake-duterte-order-pcso-lotteries-closure.html

sr. member
Activity: 2618
Merit: 439
October 27, 2020, 06:59:24 AM
#31
Lottery is the most notorious of all the gambling institution. The promise of a good life is what makes this a lucrative attraction for the people below or hanging in the poverty line. Although the odds of winning is higher than becoming an astronaut, many still take the chance to get the coveted numbers. Unless you are a statistician/mathematician or you have the money the money to buy all the combinations, winning is close to impossible.

Do you think that the pros of playing lottery outweigh the cons or vice versa?

Is government owned lottery a scummy way to tax the poor people?

How far are you willing to gamble to win the coveted jackpot (If you are playing lottery)?


Nope because Lottery has been there ever since and not only poor people is engaging in Lottery,also taxation is applied to all gambling games not only this.

though yeah majority of bettors are poor but it does not necessarily mean those are being abused of the government.
Pages:
Jump to: