G
1529 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
3 days ago

What do you think of this new housing option?

Libby Totton Reporter from Waikato Times

A program to move people out of rentals and give them a sense of security with housing has been launched in Te Awamutu.

Twenty new two bedroom townhouses on Ohaupo Rd are available to buy at $291,750 - less than half the market price.

The catch is - you don’t own the land but hold a 100-year lease.

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26 days ago

Hamilton City Council - more overspending

Irene from Forest Lake

The current council and its elected councillors are deteriorating in their performance. The recent planned $700k debacle to relocate a bus stop in Anglesea St, which fortunately will not be proceeding, the costly Glenview bus stop issue to rectify, and now the proposed rate increase highlight mismanagement. Using the rates' calculator, our personal rates will surge by $517 next year, followed by $484 the subsequent year, and an additional $558 the third year, totalling a staggering $1,559 increase over three years. This burden falls heavily, especially on pensioners, and there's no guarantee that future councils won't impose further hikes.

Therefore, it's appalling to learn that our Mayor plans to attend ANZAC commemorations in Ypres, Belgium, this year. Couldn't a Zoom meeting suffice? This isn't a fact-finding mission to improve fiscal responsibility or address ratepayer concerns. It's an unnecessary expense. Will she travel economy class, or indulge in premium economy or business class comforts? Is she alone, or is there an entourage? It's us, the ratepayers, funding this European trip, while we're being told to reduce our carbon footprint by walking or biking, and roads are becoming increasingly difficult to navigate. If this trip is so imperative, shouldn't she cover the expenses herself?

I deeply regret supporting this council in the last elections. As the next elections approach (believed to be next year). Let's hope for fresh faces around the table and some common-sense.

Submissions for the local plan close on April 21st, and completion is critical. We need to ensure our voices are heard loud and clear. It has never been more crucial!

haveyoursay.hamilton.govt.nz...

11 days ago

Have you heard about this Hamilton petition?

The Team Reporter from Hamilton Press

A group of Hamilton business owners have started a petition to stop the council from hiking up rates and passing the cost of what they say are unpopular projects on to residents.

It frustrates longtime residents Tom Andrews, a former roading engineer who owns Classics Museum and has property interests and Jo Reeder, to see Hamiltonians facing large bills.

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