gas prices and the lottery--a poll

Reply #37

justxploring — Sat, 22 Apr 2006 07:22:11 GMT

I never really thought about that since there's a place on every block here that sells lottery tickets. I suppose if you're talking about getting PB, MM or other lottery tickets not sold where you live, it makes sense. Even when gas was much less, I didn't do it because driving to GA from South Florida would be around 375 miles each way and about 600 to AL. Last year I thought of driving to GA to buy MM tickets, but I realized that if I was going to blow the money, it makes more sense to just b... [ More ]

Reply #36

LOTTOMIKE — Sat, 22 Apr 2006 06:52:20 GMT

never thought of it that way orangeman but your right.very interesting way of thinking.i hear of people driving two or three hundred miles to buy tickets when the pot is high.they could also get them online and save the gas and long trip.

Reply #35

orangeman — Sat, 22 Apr 2006 05:44:54 GMT

I back the proposition that higher gas prices will affect lottery sales. It would help online gambling sites that offer lottery tickets. If you only plan to buy one or two tickets, it is cheaper to pay an extra dollar per ticket to an online company than pay for the gas to drive a number of miles to purchase them.

Orangeman

Reply #34

justxploring — Sat, 22 Apr 2006 05:21:24 GMT

Or they'll all move to Florida and we'll build another 500 Walgreens.

Reply #33

ryanm — Sat, 22 Apr 2006 05:08:55 GMT

Quote: Originally posted by Coin Toss on April 20, 2006Does anyone remember the movie on FX, Oil Storm?

More and more that movie is a little more prophetic. Maybe it wasn't just a made for TV movie. If I remember right, it came out before Katrina and things started with a hoerrendous storm damaging ofshore oil rigs in the Gulf Coast.

As gas prices climbed higher and higher, China and Russia started competing for the oil that was available.

If oil storm happens, at least half of the p... [ More ]

Reply #32

LOTTOMIKE — Fri, 21 Apr 2006 21:26:06 GMT

it might eventually come to that,lol.we have to rob the banks due to the oil companies robbing us.like emily said just kidding FBI.i'm an innocent guy.........

Reply #31

Clairvoyance — Fri, 21 Apr 2006 20:59:03 GMT

Hi Em,

LOL, I hear you my friend! After I was done putting gas in, I felt like robbing the bank down the road cause I was broke! Then I thought well I best not make the extra trip down the road to the bank cause then I might not make it back home with the money nor out run the cops chasing me with the amount of gas I got out of my 30 bucks!!!! LOL

Reply #30

LOTTOMIKE — Fri, 21 Apr 2006 20:39:01 GMT

hello to new port richey

Reply #29

aloname — Fri, 21 Apr 2006 20:04:35 GMT

If I had to drive to work everyday, then yes, but working from home, no.

Reply #28

CASH Only — Fri, 21 Apr 2006 17:29:29 GMT

I presume you're boycotting Unlucky for Life when you go to PA. I'd rather pay $5 for gas than play it.

Reply #27

LckyLary — Fri, 21 Apr 2006 03:17:14 GMT

There are so many players that are in or near big cities that either walk or take mass transit they are not directly affected by gas prices. There are people that love playing so much they would rather cut back on other things like food or clothing, or just to drive LESS, to make room for gas price increases. I saw no slow-down last Fall when the Mega Millions and then Powerball hit records right after Katrina and the $3+ gas. Personally I have cut back sharply on that AND extra road trips but m... [ More ]

Reply #26

emilyg — Fri, 21 Apr 2006 03:15:24 GMT

Quote: Originally posted by Clairvoyance on April 20, 2006 In My case, having to put more money in the tank takes from my lottery spending. People on fixed incomes as well, where will the extra come from that is being put in the tank to play lottery tickets. If its not there its not there and when the money runs out before the end of the week? Conclusion.. No extra money for tickets and how does a person whom is retired find a way for extra money?

I can find ways for extra money because I am... [ More ]

Reply #25

justxploring — Fri, 21 Apr 2006 03:03:33 GMT

Sad that most of the American Flags sold after the 9/11 tragedy were made in China. I was watching a program on tv the other night that showed the average wage in China is around $100 a month (think it was a month) but they are thrilled at the opportunity we're giving them. Unfortunately, it's a vicious cycle. We like to spend money and enjoy a good bargain. Chinese labor is cheap, so Americans lose their jobs...so then we need to buy cheap things and...

Reply #24

masslottery — Fri, 21 Apr 2006 00:33:00 GMT

i vote no but i do agree with this post hell im already spending about $60 a day 6 days a week ouch

Reply #23

Badger — Thu, 20 Apr 2006 23:41:53 GMT

I agree Konane. At the same time we're doing this we do need to put serious R D into alternative sources for the future. THe one thing we know about crude is that, sooner or later, there will be none left. It is, as far as anyone can tell, a finite resource.

Reply #22

konane — Thu, 20 Apr 2006 22:06:13 GMT

As the source of around 40 percent of world oil demand growth over the past four years, Chinese oil demand already is a very significant factor in world oil markets, the U.S. Energy Information Administration concluded in an analysis of China issued last summer.

http://www.terradaily.com/reports/Analysis_China_A_New_Factor_In_Oil_Market.html

Reply #21

Coin Toss — Thu, 20 Apr 2006 21:31:47 GMT

Does anyone remember the movie on FX, Oil Storm?

More and more that movie is a little more prophetic. Maybe it wasn't just a made for TV movie. If I remember right, it came out before Katrina and things started with a hoerrendous storm damaging ofshore oil rigs in the Gulf Coast.

As gas prices climbed higher and higher, China and Russia started competing for the oil that was available.

Reply #20

konane — Thu, 20 Apr 2006 20:11:39 GMT

Actually my information is about a year or so old ...... and China only increases its consimption as time rolls forward.

I understand we have plenty of oil off the west coast of Florida but Floridians are fighting tooth and nail to prevent drilling. We also need to drill in ANWAR because there are enough ecological mandates on the books to assure proper environmental protocol. I saw a picture of the area and it is nothing to look at as far as scenery so nothing would be ruined by drilling t... [ More ]

Reply #19

konane — Thu, 20 Apr 2006 20:00:58 GMT

Good position in my opinion because Americans have always been innovative, inventive and free thinking, our economy capitalistic. Now if we can keep tax cuts permanent or even lower them further then that might be an incentive for entrepeneurs to go into business creating jobs.

And yes we remain a super power ... were we not we could not have gone into Iraq and toppled Saddam as fast as we did. Setting up their government is what's taking time ... and the global war on terror will take... [ More ]

Reply #18

LOTTOMIKE — Thu, 20 Apr 2006 19:27:50 GMT

it look like that is starting to happen now ryan.......

Reply #17

ryanm — Thu, 20 Apr 2006 19:25:47 GMT

If konane is correct about China driving up gas prices, then the law of averages is failing. That suggests the only reason gas prices were cheap in the United States for so long was because of dependence on foreign oil, which was cheap because the third world countries' weak demand was played off against the United States' and other supernations' high demand. Since China and other former "backward" countries are developing, that's increasing the world price of oil. Just imagine how expensive... [ More ]

Reply #16

LOTTOMIKE — Thu, 20 Apr 2006 19:19:52 GMT

i need to keep up more with our standing in the world.i keep hearing we are no longer a superpower,we are going downhill,etc. are we still in a good position in the world or are we in a bad position as far as our importance

Reply #15

konane — Thu, 20 Apr 2006 18:57:34 GMT

You would not believe their love for automobiles given their newfound wealth.

Also they are the world's highest user of concrete for construction which has caused the price to go through the roof and availability to be virtually non-existent due to their long term contracts to purchase that raw material.

China's automobile explosion, construction explosion are altering previously semi-stable world markets of many things.

Reply #14

LOTTOMIKE — Thu, 20 Apr 2006 18:49:18 GMT

thanks konane.i was wondering the reason behind it.china being so big and having the worlds biggest population i can see where there could be tension between the united states and china further in the future.....

Reply #13

konane — Thu, 20 Apr 2006 18:43:32 GMT

Quote: Originally posted by LOTTOMIKE on April 20, 2006maybe if we protest high gas prices they would back down a bit.....

China's skyrocketing economy which is using an unprecedented amount of crude, plus the fact refineries have had to stop production in order to implement government mandated blends for summer are two of the factors which are driving gas prices up now.

Any protests will not eliminate those two factors of supply and demand which dictate our price at the pump.

Reply #12

LOTTOMIKE — Thu, 20 Apr 2006 18:21:22 GMT

maybe if we protest high gas prices they would back down a bit.....

Reply #11

Just6ntlc — Thu, 20 Apr 2006 16:55:24 GMT

My vote is for yes because people tend to buy less lottery tickets due to higher gas prices.

Reply #10

Clairvoyance — Thu, 20 Apr 2006 15:32:25 GMT

In My case, having to put more money in the tank takes from my lottery spending. People on fixed incomes as well, where will the extra come from that is being put in the tank to play lottery tickets. If its not there its not there and when the money runs out before the end of the week? Conclusion.. No extra money for tickets and how does a person whom is retired find a way for extra money?

I can find ways for extra money because I am younger, however I noticed the fuel prices is driving Inter... [ More ]

Reply #9

MrBobb — Thu, 20 Apr 2006 15:28:37 GMT

I voted "no higher gas prices doesn't mean less spent." I think Badger's hunch is right -- that the lotteries may be in for increased business due to all of this, since people will be looking for some way to make up the cash, regardless of how irrational it may seem.

Gas prices have been trending upward for well over a year now, and many state lotteries are reporting record sales. Here are a few examples:

Georgia Lottery Raises Record Amount for Education

"Fiscal year 2006 third q... [ More ]

Reply #8

kayee — Thu, 20 Apr 2006 15:25:29 GMT

Badger said : If anything, my hunch is that the lotteries may be in for increased business due to all of this, since people will be looking for some way to make up the cash, regardless of how irrational it may seem.

While waiting in line this morning to buy my lottery tickets there was five people ahead of me buying tickets also.

Reply #7

Uff Da! — Thu, 20 Apr 2006 14:57:06 GMT

Higher gas prices wouldn't affect my own buying of lottery tickets at all. As a retiree with little interest in traveling, I put less than 3000 miles per year on my vehicle these days. So I might complain about the prices, but it really doesn't affect the budget much. However, I voted yes, as I think the majority of working people would be affected, and I know most retirees, too, travel far more than I do.

Reply #6

DoubleDown — Thu, 20 Apr 2006 12:04:23 GMT

Badger said : If anything, my hunch is that the lotteries may be in for increased business due to all of this, since people will be looking for some way to make up the cash, regardless of how irrational it may seem.

You may be right. For most players, the term

rational lottery player is an oxymoron.

DD

Reply #5

Badger — Thu, 20 Apr 2006 11:22:08 GMT

Higher gas prices will affect everything. All items that are made of plastic, or have plastic in them will rise in price, since plastic is petroleum-based. All items (even like grocery produce) that are shipped from other areas will rise in price, since the shippers will have to pay more to transport.

People, especially those with vehicles that have six-cylinder engines, will find they will have to cutback on things and trips and travel.

If anything, my hunch is that the lotteries may be... [ More ]

Reply #4

DoubleDown — Thu, 20 Apr 2006 11:17:03 GMT

It will affect my drive to SC for Powerball, that's for sure.

$3.00 + per GL, her we come again.

DD

Reply #3

LOTTOMIKE — Thu, 20 Apr 2006 08:04:38 GMT

yes thanks justxploring! i read your post and thought a poll would be a good idea.

Reply #2

justxploring — Thu, 20 Apr 2006 07:43:07 GMT

Did you just read my other post on the MM thread? I said that I had to cut down on lottery tickets because I am paying around $10 more a week for gas since it shot up 50 cents in only a couple of months.

So my answer is yes if you are on a budget and no if you've got lots of money to blow.

Reply #1

Coin Toss — Thu, 20 Apr 2006 07:08:59 GMT

People who have to travel to other states to play Powerball or Mega Millions will probably go less often, but play more extended play tickets, so the money spent on lotto will probably be the same.

gas prices and the lottery--a poll

LOTTOMIKE — Thu, 20 Apr 2006 06:57:24 GMT

do you think higher gas prices affect the lottery overall sales