G
1510 days ago

Are you stupid enough to give away 45 cents of every dollar ?

Graeme from Frankton

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 ?

More messages from your neighbours
2 hours ago

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2 days ago

Poll: Could we live without public bins?

The Team from Neighbourly.co.nz

Many public rubbish bins are being removed by councils due to the large costs of regularly emptying them. Do you think we can adapt and live without them?

Type 'Not For Print' if you wish your comments to be excluded from the We Say You Say column of your local paper.

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Could we live without public bins?
  • 12% Yes
    12% Complete
  • 87.5% No
    87.5% Complete
  • 0.5% Other - I'll share below
    0.5% Complete
1736 votes
14 hours ago

Have you seen a fire engine go over a raised platform?

Libby Totton Reporter from Waikato Times

Traffic calming measures are delaying response times for fire crews and putting lives at risk, a group of frontline Hamilton firefighters say.

Last month Hamilton City Council slammed the brakes on a number of not-yet contracted roading projects that would have installed more raised platforms and in-lane bus stops across the city after a “tsunami” of push-back from the public.

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