My HATRED of POWERBALL!!

Is it just me or does the very idea of a single person winning such a ridiculous amount of money seem so WRONG? Hearing the news about some recently retired, 62 year old woman, from Smalltown, USA banking 500 mil makes my stomach turn. I mean, don't get me wrong, if I happened to be the "big winner", I'm sure I would have no problem with it whatsoever. But, not being so lucky, I do have a problem with it.

Would it not be much better to have 500 one million dollar winners? Imagine how many feelgood stories would come out of that. How many lives that would change. A million dollars to a family so far in debt that they can't see straight, would mean the world to them.

So, the way I see it, the difference between having 1 new multi-millionaire or 500 new millionaires would be enormous. I'm thinking that this scenario, in fact, would be about... oh, let me do the math.... 500 X BETTER.

And i'm no expert on the subject, but wouldn't the spreading out of that money also be good for the economy? At the rate we currently are giving out these huge jackpots, we would see an enormous amount of money being spent. Throughout the country, an influx of US dollars being redistributed back into our economy. A cash flow with currency being used and spent instead of just sitting in some bank or in an old shoebox in the back of a closet.


I just think having multiple winners would be better for so many reasons. It just makes so much sense and seems so obvious.

But then you stop to think about the monetary dispersion in regards to social status and the current class system within the United States. Along with the simple equation: Money = Power. Now it all begins making sense.

Its a tough pill to swallow that something so simple that could possibly have so much benefit to the needy and struggling. From the lower to the middle class (about 99%) of this country, something so obvious.. will NEVER happen.

reply to post by Firewater


I understand where you're coming from.

But if we had hundreds of new millionaires every month inflation would be absolutely crazy. We would quickly see a Zimbabwe or Wiemar Republic situation.

Originally posted by watchitburn
reply to post by Firewater

 

I understand where you're coming from.

But if we had hundreds of new millionaires every month inflation would be absolutely crazy. We would quickly see a Zimbabwe or Wiemar Republic situation.

Maybe we don't need hundreds of new millionaires a month, but we also don't need a new member of the disgustingly rich money hoarding club. I saw a thread that details the disparity. Something like .1% of the people have 99.9% of the money in the US. Its ridiculous.

I'm sure theres gotta be a happy medium.

Originally posted by watchitburn
reply to post by Firewater

 

I understand where you're coming from.

But if we had hundreds of new millionaires every month inflation would be absolutely crazy. We would quickly see a Zimbabwe or Wiemar Republic situation.

And in all honesty, the inflation or any other possible ramifications is worth the risk.

I share your disgust but I think it's misplaced. The winners aren't the problem or even the major issue, IMO. They are just flukes and statistical anomalies to keep everyone else suckered in and playing.

The problem is that the Government is like a Las Vegas Casino. Fed or State in this case, doesn't change anything. They do nothing for the benefit for the player and always take their cut first. In this case, they take their cut AGAIN by taxing the dog crap out of the winnings they, themselves, issued.

As long as people dream and pay for tickets...the Government gets far more than what the "winners" are seeing out of this ..and they're quite happy to give a few SO much money that most literally destroy themselves with it anyway.

500mil...I would love to win a jackpot like that.
To be financially able to help my family, friends and strangers out for the rest of my stinking rich life would be the best thing ever.

Maybe this lucky lady will do the same with hers? That is entirely up to her.

My problem with it is how the government, in this case Texas, can sponsor gambling but don't allow the local Indian tribes to operate casinos.

Lotto is a voluntary tax. Let the morons spend their money. Sometimes hope is more valuable.

reply to post by Firewater


I'm ok with those unlucky saps winning that kind of money. Most are destitute or dead within five years it seems like. People crawling out of the woodwork with their sob stories. I wouldn't want that curse.

The rich stay rich because they are smart enough to game the system through lawyers. They hire and pay good money to people smarter than them.

I hate Powerball because it costs three dollars for one line with the powerplay. Screw that! That's half a six-pack!

reply to post by Wrabbit2000


I watched a guy get arrested after he won $100,000.00. He was complaining at the gas station he got his ticket at about the taxes that he had to pay (Fed, State and Local). He was actually complaining that, "I only got $60,000 dollars after taxes!"

He ended up getting violent after they asked him to leave. Cops came, he remained belligerent and was busted.

I guess his lawyer is the actual winner in that case.

All over a winning one dollar ticket.