Are you stupid enough to give away 45 cents of every dollar ?
Of course , we have to pay tax . We mostly dislike that . Same with GST . And no , I'm not adding 30% top tax , and GST . This actually has nothing directly to do with tax .
But would you knowingly give away 45 cents of every dollar you spent ?
This weekend , Lotto hits $50 million , so here is your chance to win $50 million ! Race out and buy a ticket . If you have more dollars than sense .
Have you read the Lotteries Commission glossy PR brochures ? You must be in to win . Safe , smart gambling . Blah , blah , BS .
Dig a bit deeper , behind the headlines , and you will never , ever by another Lotto ticket .
" In the 31 years that New Zealanders have been paying Lotto , over $4.6 billion in essential community funding has been contributed via the Lottery Grants Board " . Wow -- what a great community service . Yeah right .
WHERE YOUR LOTTO MONEY GOES ( per $1 ) --
22 cents -- Lottery Grants
12 cents -- operating costs ( yes , thats what Lotto NZ spends on itself ! )
6 cents -- retailer commissions ( including credit card fees )
5 cents -- taxes -- goes to Government
55 cents -- Prizes .
Yes , if you spent $1 million on Lotto tickets , you are likely to get around $550,000 back . Spend that next week , and you will be down to $302,500 next weekend . 'Reinvest' that , and by week 3 your $1 million will be down to $166375 . By the time you have been through 4 draws , you'll be down to $91506 ! Seriously ! So in 4 draws , you have lost over $900,000 of your original $1 million .
So who is buying a ticket for Saturdays draw ?
Builder /Handyman Needed
Help wanted!
Need a garden planter that has trellis & wheels attached taken off and trellis part taken off it. Have another piece of trellis that needs fixing and secured with hardware ideally need it fixed & removed as soon as possible please before painting starts next week.
Get painting with Resene plant-based paints!
Plant-based paints are made just like normal paint but everything in the tin comes from plants and minerals.
Plus they’re Eco Choice approved with low odour and easy water clean-up, so you can paint or stain your place with ease.
Available from Resene ColorShops.
What's your favourite piece of Waikato history?
Car parks inspired a milking shed design that took off around the world and became a piece of Waikato District history.
A hundred-year-old church and gravestones from the 1880s will also feature as the district turns the spotlight on its past for its first Heritage Day on April 20.