New Mexico lawmakers introduce bill to end lottery

Comment #39

eddessaknight — Wed, 08 Mar 2023 20:36:27 GMT

Remember the 'GOLDEN RULE ie those who have the Gold RJULE

Comment #38

Coin Toss — Sun, 26 Feb 2023 02:21:44 GMT

Lottery money going into education is a myth.

It goes in temporarily but then an equal ot gteater amount is takien out of the education fund and put back into the state government somewhere else.

Comment #37

Loteriaplayer1 — Fri, 24 Feb 2023 02:20:06 GMT

Smart move

Comment #36

lakerben — Thu, 23 Feb 2023 23:51:34 GMT

I emailed the committee that will do the review. Hopefully they don't pass the bill.

Comment #35

Loteriaplayer1 — Thu, 23 Feb 2023 18:56:37 GMT

They can't do that new-mexicans play lottery games for fun even if they win. If it ends we will protest to bring back the lottery

Comment #34

lakerben — Thu, 23 Feb 2023 04:53:20 GMT

Yes it's seems to be his opinion rather than facts. Now we wait and see what happens.

Comment #33

Stack47 — Thu, 23 Feb 2023 03:00:36 GMT

OOPs, right after coping and pasting the portion of the news article I was replying to, I posted before commenting. Weird how that got negative votes, considering my name isn't on the byline. It's a shame they didn't at least say what they found wrong with either me posting a couple sentences from the article or the article itself.

Maybe they negative karens will explain why lottery games are a tax on the poor and uneducated.

30 percent under the mandate of the state law goes back to th... [ More ]

Comment #32

db101 — Wed, 22 Feb 2023 17:55:12 GMT

You can see who contributes to Matthew McQueen's and Jason Harper's campaigns om followthemoney.org. I dont know enough about local New Mexico politics to know what might be a red flag there.

Comment #31

cottoneyedjoe — Wed, 22 Feb 2023 15:56:59 GMT

You can see the annual sales and expenses for the last 10 years on page 23 of the current NM Lottery financial report

https://www.nmlottery.com/wp-content/uploads/2022/01/New-Mexico-Lottery-Authority-FY-2021-Financial-Audit-Report-Final.pdf

Sales were 154.9 million in 2021 and the adult population was about 1.6 million. So an average adult spent about $97 on the lottery over the course of a year. $46.5 million went to the tuition fund that year.

The $46.5 million question is where d... [ More ]

Comment #30

mypiemaster — Wed, 22 Feb 2023 14:29:34 GMT

Dumb and Dumber need to find another line of work. You never mess with the lottery, or the people will kick your behind.

Comment #29

kao1632 — Wed, 22 Feb 2023 09:52:25 GMT

Assume that $970m to education is 30% of total revenue..

That means that punters invested something of the order of $3,233 million..

population of NM is about 2.116 million

That means that if everyone (ages 0-150 years old) in NM was contributing equally.. They would be spending approx. $1,500.

not everyone plays... so the average annual expenditure will be higher (That is already approx. $30/week).

If the 30% is of revenue after paying prizes... expenditure is essential... [ More ]

Comment #28

ChokholetteStar — Wed, 22 Feb 2023 07:27:35 GMT

I feel make it the same across the board for all states; 1 drawing per day. That would eliminate low income from being big time losers from the greed of high rollers. All will be replaced with sport bets eventually. That's the elites agenda.

Comment #27

Petrust99 — Wed, 22 Feb 2023 05:27:22 GMT

Power Ball better goes back to 2 draws a week because it makes the poor lose more money. Roll over also slower than 2 draws a week Mega Million.Each state have their choice,casino or lottery....

Comment #26

Gambler4Life — Wed, 22 Feb 2023 05:02:06 GMT

Oh, NO! Don't ever shut down the Lottery. That's a financial life-line.

Comment #25

lakerben — Wed, 22 Feb 2023 04:53:40 GMT

They have argued but the legislators are not listening.

Comment #24

Stack47 — Wed, 22 Feb 2023 03:01:50 GMT

According to the Lottery, more than $970 million has been raised for New Mexico education, a figure that members of the Lottery Board argue should be considered in such a drastic decision.

30 percent under the mandate of the state law goes back to the students, and 80 percent of the money staying right here in the state, New Mexico Lottery board member David Keylon stated.

Comment #23

lakerben — Wed, 22 Feb 2023 02:45:14 GMT

They have been trying for years . It won't be long and they will be arresting all the old ladies at the bingo hall.

Comment #22

Mata Garbo — Wed, 22 Feb 2023 02:01:46 GMT

I think you nailed it. If the local news media would launch an investigation I would be willing to bet that's exactly what's going on. Otherwise, it makes no sense.

Comment #21

wander73 — Wed, 22 Feb 2023 01:45:43 GMT

We live in a staged world. They will do what they want too.

Comment #20

wander73 — Wed, 22 Feb 2023 01:45:07 GMT

lmfao. too funny.

Comment #19

wander73 — Wed, 22 Feb 2023 01:44:15 GMT

Ya still have online betting. That won't go away.

Comment #18

lakerben — Tue, 21 Feb 2023 23:52:55 GMT

You are right! They legalized pot and now everyone drives like sh@#$! Two do gooder legislators have got it all figured out. I email both of them with a colorful verbiage. Oh well, it's gone to a committee so it's time to wait and see.

Comment #17

Junior43 — Tue, 21 Feb 2023 23:23:21 GMT

The same in nevada...they feel lotto takes away from the casinos which produces more profit

Comment #16

noise-gate — Tue, 21 Feb 2023 21:15:39 GMT

* ..Yet New Mexico has legalized Marijuana, go Figure.

Comment #15

Soledad — Tue, 21 Feb 2023 21:15:18 GMT

Are you French? I only hear French people say that word. Cretin. Haha, and they usually say it about their kids.

Comment #14

Soledad — Tue, 21 Feb 2023 21:14:05 GMT

Tax on the poor. Which is still true. Shoot, Mary Jane is legal. Denial is an oversight. Facts are facts. Show me someone or something making that much and willing to stay in the state. They're jumping the ocean to settle in the commonwealth. And still call themselves American. Run from the tax man. Same old story since the beginning.

Comment #13

PrisonerSix — Tue, 21 Feb 2023 19:47:30 GMT

This probably won't happen. Other legislators will realize how much money the lottery generates and will try to keep it alive. New Mexico isn't a wealthy state and doesn't have a lot of people, so I'm sure they'll try to keep the cash flowing.

I wonder though if it's really a concern for low income people or something else. I live in a state that also has casinos and when a third casino wanted to open in my city, there was a lot of opposition and even a massive publicity campaign to keep it... [ More ]

Comment #12

Think — Tue, 21 Feb 2023 18:57:26 GMT

What a Cretin!

Research shows that lower income folks spend a much higher percentage of their income on lottery tickets, McQueen continued.

How did someone as moronic as McQueen get elected in the first place?

It's called MATH! Not reasearch.

If an 18 year old kid makes $500 on a summer job and spends $500 on lottery tickets then they spent 100% of their income on tickets.

According to information from a google search the median income in New Mexico in 2022 was $51,243 so if... [ More ]

Comment #11

sully16 — Tue, 21 Feb 2023 17:38:26 GMT

The casinos will win big, I have to wonder if someone in the New Mexico Government is in bed with someone at the Casino, we are talking millions of dollars.

Comment #10

PlanB — Tue, 21 Feb 2023 17:29:28 GMT

You are right about the do nothing about crime. I'm from NM and understand the crime problem the state has.

Comment #9

lakerben — Tue, 21 Feb 2023 16:43:25 GMT

We have another month in the session and every year it's one ridiculous bill after another. They may shut down the lottery but they do nothing about the crime in the state.

Comment #8

lakerben — Tue, 21 Feb 2023 16:25:50 GMT

You are correct but they cant touch the tribal casinos that have sovereign nation status. They are getting a huge backlash but they could still win out. But the lottery players will head to the casinos .

Comment #7

lakerben — Tue, 21 Feb 2023 16:19:05 GMT

They are running a tight ship. It's the two legislators that despise gambling. They think everybody is losing when many have won big. I've emailed several legislators and the lottery commission is fighting it.

I've done very well and my friend won $90,000 on the Roadrunner cash game. But ironically there are casinos everywhere in the state but most are covered by sovereign nation status so the legislators cant touch them.

Comment #6

Mata Garbo — Tue, 21 Feb 2023 15:52:22 GMT

What these two gentlemen don't seem to realize is that by eliminating the lottery in your state, you do not stop your citizens from playing the lottery. What you are doing is creating more revenue for the states of Arizona and Texas, which is where all the lottery players will go to continue to play the lottery. It's a ridiculous bill that will not pass.

Comment #5

cottoneyedjoe — Tue, 21 Feb 2023 15:46:05 GMT

Research shows that lower income folks spend a much higher percentage of their income on lottery tickets, McQueen continued. Maybe if you're making a lot more money, you can afford to buy a lottery ticket now and then. I think the lower income people are actually buying more tickets.

If that's really a concern, then they could commission an up-to-date study to see precisely how the availability of lottery products affects low-income New Mexicans. I suspect McQueen is just parroting an out-d... [ More ]

Comment #4

rcbbuckeye — Tue, 21 Feb 2023 15:14:21 GMT

Very nearly happened in Texas in 2013, until legislators realized they were about to flush $2.2 billion for education fund down the drain.

However, there are some diehards that will bring it up again in 2025.

If they kill the lottery then, OK is about 45 minutes away to get my tix.

Comment #3

Tony Numbers — Tue, 21 Feb 2023 14:38:40 GMT

Mostly lotteries are driven by greed, two drawings a day instead of one, two dollars a game instead of one,,misappropriation of funds. New Mexico is doing something wrong.

Comment #2

JoeBigLotto — Tue, 21 Feb 2023 14:31:01 GMT

The Solution is Simple Make it 50/50 split . Half for Education Half for state So they all stop Whining

Comment #1

SAJAN123456 — Tue, 21 Feb 2023 14:11:37 GMT

lol, not gonna happen.

New Mexico lawmakers introduce bill to end lottery

Lottery Post — Tue, 21 Feb 2023 11:46:50 GMT

Lawmakers cite concerns over gambling-funded education

By Kate Northrop

A bill introduced to New Mexico state legislature proposed the idea of ending the New Mexico Lottery entirely.

Lawmakers in New Mexico are discussing a bill that may shut down the state lottery, citing concerns about where money for the state's scholarship fund comes from.

We're funding education through gambling, State Representative Matthew McQueen (D) said.

Bipartisan House Bill 369, if passed, will en... [ More ]