Ray Zee
12-27-2002, 09:00 PM
the real value is unclear. certainly if you consider present value of money and taxes and such your winning ticket only is worth something like a third of the jackpot. so divide the jackpot by two thirds and take away from whats left the chances you split, and then add the smaller prizes and you see it makes a big difference in the total.
but that aside. the real value in powerball. is that it takes money that would be left in poor peoples hands and puts it in the schools hands and public benefit. so its a tax on the poor basically. but one that returns to them something.
but is it really. the poor people stay poor and have little hope of improving their lot in life. but along comes powerball, and everyone has heard of someone that has won it or a big prize sometime. so it gives that ray of hope to the masses, that they too can get out of their situation and find the good life. kinda what religon gives them. the sad part is even the few who do hit it big dont have a clue how to manage their riches, and often it turns against them into unhappiness.
but that aside. the real value in powerball. is that it takes money that would be left in poor peoples hands and puts it in the schools hands and public benefit. so its a tax on the poor basically. but one that returns to them something.
but is it really. the poor people stay poor and have little hope of improving their lot in life. but along comes powerball, and everyone has heard of someone that has won it or a big prize sometime. so it gives that ray of hope to the masses, that they too can get out of their situation and find the good life. kinda what religon gives them. the sad part is even the few who do hit it big dont have a clue how to manage their riches, and often it turns against them into unhappiness.