Powerball’s Biggest Winner: Government – IOTW Report

Powerball’s Biggest Winner: Government

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MichelleMalkin: Ka-ching! Wednesday’s Powerball jackpot soared to $1.5 billion as get-rich-quick mania seized America this week. But you don’t need to wait for the drawing to know who’ll score the royal payoff.

The biggest winner of the multistate numbers game is — drumroll, please — Uncle Sam.

14 Comments on Powerball’s Biggest Winner: Government

  1. State sponsored gambling……Legalized Theft.

    For most the lottery gives them hope until the numbers are drawn.

    The lottery is the only hope they’ve had since obama became president and it is false hope like his many promises.

    Lottery players have much better odds of being audited by the IRS or having their property confiscated by the federal of state judicial system.

  2. Oh for crying out loud. Anything can be abused. This is the same argument that deprived millions of Americans that drank responsibly the chance to have a bottle of wine or a couple cocktails.

    Of course poorer people are going to play the lottery more frequently. And there are also those that might blow $10 or $20 every once in a while. So what? I bought a few lines for the first time in years and was thrilled to see I had the first number on 2 lines.

    And my friend in Israel laughs at us here because the government takes a cut whereas there, it all goes to the winner. Again so what? Everyone buying a ticket knows they have a partner that’s gonna rake off their share. Sheesh.

    It’s more nanny state bullshit from Malkin. I’m not responsible for people acting foolish. The fact government encourages it doesn’t change that. They should stop that. There, feel better?

    When I was growing up in s Philly, my dad used to collect for the numbers that locals played. It was only a quarter that they played but the payoff I think was 800-1 and they always paid the full amount. People like to gamble and some will abuse it or play really long odds instead of blackjack or craps-so what?

  3. Yes, there is one born every minute, and two to take him.
    Apparently you feel that as others are going to prey on the ignorance of others that the government should be doing it.

    It is not nanyism to want the government involved in fewer things.

  4. We have the Lotto here in Canada as well. There are several that run and the biggest differences are in ours the winnings are untaxed, no annualized payouts ie: if you win you get a check for the full amount and ours tend to be a lot smaller (except for the provincial/state specific ones) which is due to the population difference more then anything else. Yes, they’ve been described as idiot taxes or worse and from time to time the libs on the Discovery, Oprah or NatGeo or some other such cable channel offer a special on how the “Lotto Ruined my Life” waste of time but they can be still fun for a few bucks. Having said that, when you reach a prize of 1.5 billion it gets a little crazy. You ought to split the pool into 150 10 million dollar or 1,500 one million dollars and get the IRS out of it. The government is already getting their end by running the damn thing.

  5. Your Daddy was working for the mob, ESPECIALLY in Philly, or for a mob-approved affiliate. There were NO other choices, and La Cosa Nostra made sure of that.
    Probably Bruno and/or Scarfo families.

  6. The gov’t has just taken over mob rackets. Someone always fills the vacuum as vices WILL be vices, since our gov’t IS a rackets it quitwe makes sense that they should take over the corruption. Mitch the Bitch probably gets a healthy cut, along with Barry the Fairy, and Boner the Stoner.

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