LETTER TO THE EDITOR:
State lottery could be just what Nevada needs
Tuesday, Feb. 9, 2010 | 2:02 a.m.
As a longtime resident of Las Vegas, I have a suggestion that may help our state’s financial situation in two words: state lottery.
People will still play at the casino tables, still play the slots and still visit the sports books. Most of my friends and I do not gamble at all, but we would spend a dollar or two a week on a lottery ticket. We all have that thought, “You never know.”
Discussion: 8 comments so far…
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At best the state lottery will only bring in $100 million to the state and that is not the true net.
It will displace gaming that is already occurring and that we are collecting taxes on.
It probably will suppress to a slight degree employment in gaming too for it reduces revenue to support employment.
State lotteries are taxes on dumb people including the dumb poor.
State lotteries have poor payouts back to the gambler. By law, gaming is required to pay back 75% of its intake back to the players. On average it is 85%. Most state lotters pay back less than 50% of the winnings.
The odds are winning a state lottery is much harsher than winning MegaBucks.
So it is poor gambling game when compared to games that we already have.
Like I said it is a tax on dumb people.
It is a shame that poor and low income people will spend 1000's of dollars on state lotteries instead of buying food and clothes and education material for their children.
Yes, many of these people are already playing at casinos but state lotteries tend to encourage more of these people to place bets on playing state lotteries.
It is sad but it is life.
So I am OK with a tax on dumb people even though it probably will not bring in that much revenue to the state.
The dumb are demanding the opportunity to depart from their money. We need to fulfill their wishes.
I have four words:
Not a serious solution
Good on there Rhooster...
You made me grin this morning.
I think it is about time to start cutting expenses instead of raising taxes. But if we have to raise taxes, I also think a small increase in the sales tax is far better then any lottery. Too much chance of corruption and more state employees.
But, our progressive Liberals friends will tell us that the sales tax is a regressive tax.
if there was a lottery in Nevada, they need to place them in the keno lounges of casinos. Not @ 7-11, bars, cathouses, or strip bars. Casinos get a percentage of the winnings, they will kick themselves for not doing it sooner.
I could just see the casinos giving out complimentary drinks to those people playing the state's lottery tickets...
Why in the world would casinos or any other gaming establishment sell lottery tickets?
It is interesting that some people seem to think that if we have a lottery in Nevada that it will decrease the earnings of casinos. How easy is it to forget that California has a lottery, but still the Indian Casinos are doing good business. The same is true in Florida and numerous other states with both lotteries and casino gaming.
At least a lottery ticket is money individuals will spend by choice, rather than a sales tax increase which is not a choice.
Some seem to think that a temporary sales tax increase is the ticket. This is wishfull thinking at its best. When it comes to taxes and additional revenues for the state coffers, nothing is temporary.
The question is,
Should the state government be directly involved in a gambling operation?
I think not. Even though Nevada legalized gambling in 1931, the state of Nevada (or any government, anywhere) should not directly operate a gambling franchise, AKA a lottery
Think of all the state jobs that could be created with a state ran lottery.
Will these be union jobs with the full range of benefits that have helped put Nevada into it's current financial crisis???