News:

Long overdue maintenance happening. See post in the top forum.

Main Menu

Repeal the Lottery?

Started by MichaelC, March 26, 2007, 01:36:58 PM

Previous topic - Next topic
Print
Go Down Pages 1 2 3 4
User actions

jamesrage

#45
March 30, 2007, 04:31:09 AM
quote:
Originally posted by Conan71


The reason we tapped into Powerball is because Oklahomans were driving to neighboring states to play it.  


That is because at the time Oklahoma did not have a lottery and the closest thing we had to the scratchers was the two minute phone cards with a "scratch and win" you could buy at various gas stations.

quote:
It takes too long to generate any sort of jackpot in one state which will be an incentive for people to play it, rather than to drive to Caney, Kansas and have a 1 billion to one shot (or whatever it is) to win $300 million.


I am sure alot more Oklahomans are playing the lottery now then before it became legal.



quote:
I don't pay that close attention to what the jackpot is. If I happen to notice the billboard on Hwy 75 and it's over $100mm, I might buy a couple of tickets, if I remember the next time I go into QT.


If we only had a megalotto exclusive to Oklahoma,people would be flocking to Oklahoma border towns from other states to purchase lotto tickets any time the lottery jack pot has high.I might take several months or more for such a jack pot to accumulate,and it might accumulate really big considering the odds of winning and entice alot of out of state people to play.
___________________________________________________________________________
A nation can survive its fools, and even the ambitious. But it cannot survive treason from within. An enemy at the gates is less formidable, for he is known and carries his banner openly. But the traitor moves amongst those

Conan71

#46
March 30, 2007, 10:30:53 AM
I could take years to get an Oklahoma lotto jackpot to $300mm.  It would take a pay-in of about $450mm to create a payout of $300mm, assuming a 65% payback.  I don't know the percentage of Oklahomans who are regular (weekly) lotto players, just guessing, but I'd bet around 25%.

People who live closer to border states are still going to want to play Powerball, and they would take their lottery money across state lines again.  Unless, of course, some toad state legislator wants to step on our liberty and criminalize out of state gambling or put some sort of tax on out of state gambling expenditures.

"It has been said that politics is the second oldest profession. I have learned that it bears a striking resemblance to the first" -Ronald Reagan

marc

#47
March 30, 2007, 09:10:48 PM
quote:
Originally posted by Conan71

I could take years to get an Oklahoma lotto jackpot to $300mm.  It would take a pay-in of about $450mm to create a payout of $300mm, assuming a 65% payback.  I don't know the percentage of Oklahomans who are regular (weekly) lotto players, just guessing, but I'd bet around 25%.

People who live closer to border states are still going to want to play Powerball, and they would take their lottery money across state lines again.  Unless, of course, some toad state legislator wants to step on our liberty and criminalize out of state gambling or put some sort of tax on out of state gambling expenditures.




I agree. With our 3.5 million population it would take too long to build a giant jackpot for an Oklahoma megalotto.

Instead of Oklahomans crossing the borders to buy lottery tickets in other states, it's now the other way around. Quite a few Arkansas residents buy Powerball tickets along our eastern border, and even a few Texans buy Powerball here. Texas has the Mega Millions multi-state lotto, but not the Powerball.

 
Print
Go Up Pages 1 2 3 4
User actions