Which is better Government run Lottery or private run Lottery - page 3.

beerlover

legendary

Activity: 3052

Merit: 1188

Quote from: Bttzed03 on July 31, 2019, 01:50:55 AM

I would still prefer the Government to control lottery. I think we've had enough privatizations in the last few decades and we already know the consequences. The ban has been lifted already by the way.

Maybe you should give better reasons why you want it handled by the government aside sentiments because for me, I feel this lottery projects are better handled by private considering the rate of corruption in the government sector, I think even before now, lotteries have always been handled by private sectors and it was well taken care of, I think those times it was referred to as Numbers, not so sure but was controlled by gangs. One challenge then was with the fact it was been ran by related gang influence.

Government then decided to take over considering the money that could be generated , but then they should also understand that this is two sided, in as much there is a lot of money collected from tax, there is also money going into rehabilitation and prevention of addiction by gamblers. For me, it’s still better this is left in the hand of private .

DeathAngel

legendary

Activity: 3304

Merit: 1617

#1 VIP Crypto Casino

I trust government run lotteries much more than privately run ones. Tbh I don’t even play the lottery any more but when I did it was always my countries government run one. Your chances of winning the lottery are so low, that’s why I stopped playing.

klaaas

hero member

Activity: 1568

Merit: 544

Both wont differ much if the same rules are in play. If you have to question one of both it is maybe wiser to not join that lottery.

Quote from: roosbit on August 01, 2019, 06:55:52 PM

I remember having a chat with someone and was told you don't get paid the full amount when you win

Could depend if the advertised amount is taxed or not.

Fredomago

legendary

Activity: 2996

Merit: 1054

Leading Crypto Sports Betting & Casino Platform

Quote from: Ranly123 on August 02, 2019, 04:12:36 AM

Quote from: emberbekas on August 01, 2019, 02:19:26 PM

Lottery run by government would be better I think, since the money its generated can be used for many other good things which for sure can increase the development on some aspects. Long time ago, when the lottery still allowed here in my country, I can feel the impact. But unfortunately, because of the many people who aren't happy with this type of game (gambling), the government had to stop it!

That's right generated money from lottery that was operated by the government is used for charity and health needs for their constitutes. In any case, these will only be possible if the politicians behind this lottery is not corrupt.

When there's money expect that there's corruptions inside the government if only this types of business can be done without corruptions it should be used in a much proper ways then it can be useful from the people around that specific countries who's catering the draw of that lottery, private sectors can get affiliations but the main beneficiaries should be the people who's going to benefits.

DoublerHunter

hero member

Activity: 2590

Merit: 644

Quote from: Ranly123 on August 02, 2019, 04:12:36 AM

Quote from: emberbekas on August 01, 2019, 02:19:26 PM

Lottery run by government would be better I think, since the money its generated can be used for many other good things which for sure can increase the development on some aspects. Long time ago, when the lottery still allowed here in my country, I can feel the impact. But unfortunately, because of the many people who aren't happy with this type of game (gambling), the government had to stop it!

That's right generated money from lottery that was operated by the government is used for charity and health needs for their constitutes. In any case, these will only be possible if the politicians behind this lottery is not corrupt.

^ The big question is most politicians now is being corrupt, let us accept the fact that some of them doing that now(excuse for those doing good). Even a lottery run by a private or in a government company there might corruptions happen. So, the best solution of this is to have a weekly or monthly audit of all sales they had. The charity also good from a gambling lottery because they can help people in need.

Ranly123

full member

Activity: 952

Merit: 104

★777Coin.com★ Fun BTC Casino!

Quote from: emberbekas on August 01, 2019, 02:19:26 PM

Lottery run by government would be better I think, since the money its generated can be used for many other good things which for sure can increase the development on some aspects. Long time ago, when the lottery still allowed here in my country, I can feel the impact. But unfortunately, because of the many people who aren't happy with this type of game (gambling), the government had to stop it!

That's right generated money from lottery that was operated by the government is used for charity and health needs for their constitutes. In any case, these will only be possible if the politicians behind this lottery is not corrupt.

zhea

full member

Activity: 560

Merit: 101

Quote from: roosbit on August 01, 2019, 06:55:52 PM

Not sure about how government lotteries are run and paid out but I remember having a chat with someone and was told you don't get paid the full amount when you win...I could be miss informed but it makes sense to withhold the cash but hey private lotteries are better because you certainly get your winnings without any external factors being considered.

Don't know what you are talking about here but we are talking here on the privatization of lottery games. Meaning, the games will be handled by a private entity and pay the government the corresponding taxes with regards to their revenue but for me it is not good to give this to a private entity. They will only be the ones taking advantage of the people's money and how can we be sure that this lottery games won't be corrupted anymore.

Questat

hero member

Activity: 2982

Merit: 610

Quote from: coin-investor on August 01, 2019, 09:42:30 PM

I prefer the government run, they own everything here, all they need are people who are honest and transparent, it's a good source of revenue for the government, instead of a private company making millions, they can use that million to add revenue to fund the government projects, in the Philippines they funded many hospital and charity homes, so it should stay in the government.

It's hard to find an honest employee if the law is not so strict against people who are corrupt in service.
Everything should start with a law and impose it strictly and for sure that will create an honest employees.

When Lottery is run by private institution, there's a chance that they would not be able to remit the correct tax.
Also, I don't think lottery will be given to the private when this business has no risk for operators, they just have to facilitate the game and pay the winners out from a certain percentage of the total collection, that's an easy money.

Malsetid

hero member

Activity: 924

Merit: 502

CryptoTalk.Org - Get Paid for every Post!

Quote from: Japinat on August 01, 2019, 09:16:59 PM

Quote from: roosbit on August 01, 2019, 06:55:52 PM

Not sure about how government lotteries are run and paid out but I remember having a chat with someone and was told you don't get paid the full amount when you win...I could be miss informed but it makes sense to withhold the cash but hey private lotteries are better because you certainly get your winnings without any external factors being considered.

Government lottery are tax free and I don't think they will not release your whole winnings, maybe you are referring to private lottery and I think with that, they violated the law. Government are safer than private as we can ensure that the government has enough funds to pay the winner/s.

It's not tax free. Or it probably depends on which government we're talking about. Of course the state would tax the winners and i'm sure they don't really get all of the amount they won. If we're talking about philippine lottery, i'm sure it's taxed. Try googling it. Though when it comes to private vs state run lotteries, i'd prefer the latter. It's too easy to get scammed by unregulated private lotteries.

coin-investor

hero member

Activity: 3024

Merit: 614

Leading Crypto Sports Betting & Casino Platform

I prefer the government run, they own everything here, all they need are people who are honest and transparent, it's a good source of revenue for the government, instead of a private company making millions, they can use that million to add revenue to fund the government projects, in the Philippines they funded many hospital and charity homes, so it should stay in the government.

Japinat

hero member

Activity: 3052

Merit: 685

Quote from: roosbit on August 01, 2019, 06:55:52 PM

Not sure about how government lotteries are run and paid out but I remember having a chat with someone and was told you don't get paid the full amount when you win...I could be miss informed but it makes sense to withhold the cash but hey private lotteries are better because you certainly get your winnings without any external factors being considered.

Government lottery are tax free and I don't think they will not release your whole winnings, maybe you are referring to private lottery and I think with that, they violated the law. Government are safer than private as we can ensure that the government has enough funds to pay the winner/s.

roosbit

member

Activity: 893

Merit: 43

Random coins :)

Not sure about how government lotteries are run and paid out but I remember having a chat with someone and was told you don't get paid the full amount when you win...I could be miss informed but it makes sense to withhold the cash but hey private lotteries are better because you certainly get your winnings without any external factors being considered.

nydiacaskey01

legendary

Activity: 1834

Merit: 1036

Quote from: robelneo on July 31, 2019, 01:42:07 AM

Philippine President Duterte suspended the operation of the government-run lottery because it is spam infested and many governments appointed officials are pocketing money coming from the sales, do you think it is much better to let a private company run the Lottery or they set up a monitoring board to check if all funds are all remitted..

Source : https://www.rappler.com/nation/236406-duterte-suspends-pcso-gaming-operations-july-26-2019

Your thoughts

There will be no difference if its run by the Government or by a Private company. Imagine if you put the same Juan the corrupt in same position in the private company. That same Juan will do the same. Even if you put a religious or a God fearing man in the position if greed starts to kick in, he will turn into a Juan the corrupt in no time. Its the attitude or character of the person in the position that will make the difference and the institution.

FanEagle

legendary

Activity: 2884

Merit: 1117

Quote from: Oceat on July 31, 2019, 08:41:25 AM

The government would be the best choice if you want the lottery to be more transparent since there are some problems that would rise up if another private sector would own a lottery. Some people might think a monopoly if another company owns it because we all know how much money does a lottery owns just by looking at the said jackpot prizes.

I think if we were truly to look into transparency then government is not the best to do this, I am not saying that private sectors are free from corruption but cannot be compared to the level of corruption in the government. And talking about monopoly, I think it’s not possible with lottery since it requires very capable hands to handle this and most times, they are more like charitable organizations and everyone understands this
I believe it’s unconstitutional for government to handle lotteries and also there are so many reasons why government cannot handle lotteries since they consider gambling activities and lottery is also related to this. So in my opinion, lotteries have also been better handled by private and its best it remains that ways

emberbekas

legendary

Activity: 1904

Merit: 1000

Lottery run by government would be better I think, since the money its generated can be used for many other good things which for sure can increase the development on some aspects. Long time ago, when the lottery still allowed here in my country, I can feel the impact. But unfortunately, because of the many people who aren't happy with this type of game (gambling), the government had to stop it!

monalia

member

Activity: 685

Merit: 14

Lottery is also comes under gambling filed only we as a government should not take lottery kind of things in hand. It will makes the citizen to think and believe gambling is one of the earnings and people may loose more money.
Better side, government should be lottery business in any country for its goodness.

FlightyPouch

sr. member

Activity: 1638

Merit: 300

Quote from: sweetbet on July 31, 2019, 10:40:20 PM

A government run lottery seems safer and less likely to take everyone's money and do an exit scam.

Well, that is true but I think that is what the president is thinking since he can't just trust those huge price pot to these corrupt government officials. I also want the government to run it since I think that is better than other people or other private companies. I don't think that they will be doing an exit scam but will be robbing the price money without other people knowing it.

akram143

full member

Activity: 1106

Merit: 166

★777Coin.com★ Fun BTC Casino!

Quote from: robelneo on July 31, 2019, 01:42:07 AM

Philippine President Duterte suspended the operation of the government-run lottery because it is spam infested and many governments appointed officials are pocketing money coming from the sales, do you think it is much better to let a private company run the Lottery or they set up a monitoring board to check if all funds are all remitted..

Source : https://www.rappler.com/nation/236406-duterte-suspends-pcso-gaming-operations-july-26-2019

Your thoughts

I think the lotteries are always going on so banning the lotteries is not good from the government if they are also doing it it will not affect anything it will be income for the government also so that the government can do anything better than the private companies in lotteries.

jakoylantern

full member

Activity: 560

Merit: 107

Quote from: robelneo on July 31, 2019, 01:42:07 AM

Philippine President Duterte suspended the operation of the government-run lottery because it is spam infested and many governments appointed officials are pocketing money coming from the sales, do you think it is much better to let a private company run the Lottery or they set up a monitoring board to check if all funds are all remitted..

Source : https://www.rappler.com/nation/236406-duterte-suspends-pcso-gaming-operations-july-26-2019

Your thoughts

For me, its much better of a government sector runs a lottery because it's much legal, safer, and trusted. But what will happen to the taxes? I think the president wants to know and would like to stop the modus of the corrupt government employee, so his action is to suspend the operation and apprehend the corrupt. But if a private will run a lottery, it's like a legal casino, so it will depend on the people which they think is much better

fortunecrypto

legendary

Activity: 2450

Merit: 1047

I still prefer the government run lottery, they will just have to pick the right and honest people to run the lottery if they are being handled by the government, they can see the profits and allocate the profits for the people's welfare like what they have done until the president suspend the operation.

Topic: Which is better Government run Lottery or private run Lottery - page 3. (Read 821 times)