California Lottery revenues dip

Comment #11

MeFirstYouLast — Fri, 23 May 2008 23:34:42 GMT

Great concept.

However, money is power. Congress obtains power from receiving money through taxes. Do you honestly think the members of the U.S. Congress, let alone some low life in state politics, are going to give up all their power, and limit theirselves to a fixed income. It will never happen! Even a Pollyanna mentality has to realize the King is The King, Long live the King. How can you write laws that guarantee your income will always be higher then needed, provide you with unlimted fr... [ More ]

Comment #10

konane — Fri, 23 May 2008 23:18:31 GMT

For beginners I'm old as dirt. Second thing born and lived in Georgia all my life and suffered through Carter governorship of Georgia, do remember the entire US laughing about who they thought represented this state. Ineffective governor, double ineffective president who hasn't gotten over being resoundingly defeated and upstaged by President Reagan.

Have you ever heard of The Fair Tax authored by Georgia Representative John Linder which would abolish the IRS plus all federal payroll taxes in... [ More ]

Comment #9

EXMECHANIC — Fri, 23 May 2008 23:17:13 GMT

I have to say I love the pari-mutuel pay-out system. You compare our Fantasy Five Pay outs with any other non pari-mutuel pay-out sytem and unless a super common number string comes out(like 1,2,3,4,X), our pay outs are ALWAYS higher on non jackpot prizes. Most states 3/5 is a $10 dollar prize, ours most commonly runs between $14-$17, most 4/5 prizes are $100, ours range from $300-$500. Why would you not want that unless you play a common number string.

If you play Pick3 and your number is a

Comment #8

MeFirstYouLast — Fri, 23 May 2008 22:45:36 GMT

YOU ARE FUNNEY! Why would the IRS,, or the state for that matter, want to eliminate a guarented income? They are not going to eliminate any tax revenue. Be patiant. In 2009, the IRS will start the effort taking twice as much from all taxes. Barrack Hussen Obama has already stated he will raise some taxes by 29%. At that to the loss of the Bush Tax cut of ten pecent, and then you will see a return the Jimmy Carter era - if you're old enough to actually remember him, not the modified history they... [ More ]

Comment #7

JustFrozen — Thu, 22 May 2008 19:46:02 GMT

Did I just read that correctly?

You acknowledge that California gives some of the lowest payouts in the country, and you're just going to make a new logo?

That's it, I'm DONE, which is saying a lot considering how much I play

Comment #6

MeFirstYouLast — Thu, 22 May 2008 14:08:30 GMT

I don't know about other people on this site, but I do not have the money for the lottery that I used to have. I now exceed $75.00 a tankful of gas, and food is going through the roof. Based on the return, I have other priorities for the dollars. I used to spend five and ten dollars all the time; sometimes more. I am down to the one dollar only now. Besides running out of money, I realize it only takes one to win - or one to loose

Comment #5

myturn — Thu, 22 May 2008 10:08:51 GMT

They should allow people to subscribe to the lottery, like Massachusetts. The California lottery did have a subscription program years ago, but they stopped it. The Massachusetts lottery makes million selling subscriptions to people all over the US.

Comment #4

Sista Dee — Thu, 22 May 2008 01:18:14 GMT

I think it's a little bit of both (gas/pay out system). I play mostly cash 3 and cash 4, and when I went out there to work at LAX on a job detail in 2004, I hit the number about eight times, but I was tripping about the payout system and the fact that there was no cash 4, and that I could only play for $1.00 and it had to be either str or box (no str/box or 50 cents)... It also bugged me out to see the numbers flash on the TV with a voice over saying that these are the numbers for the day instea... [ More ]

Comment #3

konane — Wed, 21 May 2008 11:27:16 GMT

If California and other states would raise payouts sales would increase no matter the economy. Myopic legislators can't seem to grasp the obvious.

If Federal tax laws were revised to abolish tax on lottery wins following in Europe's footsteps ... then money would flow into states' lotteries from all over the world.

Comment #2

spy153 — Wed, 21 May 2008 02:58:03 GMT

The reasons behind the decline are complex, multifaceted and not always discernible, according to the staff report. We are aware (of) our poor brand image and low prize payouts that continue to contribute to declining sales.

No it's not. It is the gas prices! Tonight I bought up double draws for MM so I didn't have to make the drive next draw that is so far away from where I live. I also dropped my twenty bucks a draw down to 5 bucks....because of gas prices! Face it, things are not good acro... [ More ]

Comment #1

MeFirstYouLast — Wed, 21 May 2008 02:57:18 GMT

Leave it to an official to be clueless. People don't have the money to spend. Maybe officials should be limited to salary's equal to an average citizen. Then they would know what is happening. Four dollars a gallon limits the trip to gas station for ticket and scratch offs. What part of that is confusing? Nothing! Unless, of course you make a guaranteed six figure salary.

California Lottery revenues dip

Lottery Post — Wed, 21 May 2008 02:30:00 GMT

California Lottery officials on Tuesday lowered revenue estimates for the year by $275 million, just as Gov. Arnold Schwarzenegger suggested the state could double sales in a decade.

Citing a declining economy and poor brand image for the games, officials said the lottery's declining performance would reduce contributions to public education by $94 million, about 8 percent less than expected in the fiscal year that ends June 30.

It makes it more difficult for the lottery to meet the goals... [ More ]