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Illinois Commits "Fraud On Taxpayers", Lowers Maximum Lottery Payout To Just $600
Susan Rick’s boyfriend won $250,000 from the Illinois Lottery in July.
As the Chicago Tribune reported in August, Rick thought the winnings would allow her to “stop working seven days a week, maybe fix up the house and take a trip to Minnesota to visit her daughter.”

No such luck.
Instead of real money, Rick’s boyfriend - one Danny Chasteen - got an IOU from the state.
The problem: the state’s inability to pass a budget even after hiring (and subsequently firing) budget “guru” and Laffer disciple Donna Arduin for $30,000 a month meant that any Illinoisan who won more than $25,000 couldn’t immediately be paid.
More specifically, without a budget the comptroller's office doesn’t have the legal authority to make the payments.
Fast forward to Wednesday and the state comptroller’s office made national news when Comptroller Leslie Geissler Munger said Illinois would skip a $560 million November pension payment. By way of recap (via Bloomberg):
The spending standoff between Republican Governor Bruce Rauner and Democratic legislative leaders has extended into its fourth month with no signs of ending. Munger said her office will postpone a $560 million retirement-fund payment next month, and may make the December contribution late.
“This decision is choosing the least of a number of bad options,” Munger told reporters in Chicago on Wednesday. “For all intents and purposes, we are out of money now.”
Munger said the pension systems will be paid in full by the end of the fiscal year in June. The state still is making bond payments, she said.
“We prioritize the bond payments above everything else,” Munger told reporters.
We have of course been covering the Illinois budget story closely over the past six or so months and in response to Wednesday’s pension bombshell, we said the following:
One wonders what these means for Chicago's bankrupt school system, which, as we reported early last month, was depending upon nearly a half billion in funding from Springfield to plug a gaping budget hole. Further, this would seem to suggest that anyone who wins more than a few thousand in the Illinois lottery can go ahead and figure on getting a pieces of paper with Bruce Rauner's picture rather than Ben Franklin's for the foreseeable future.
As it turns out, our assessment was too optimistic.
Whereas we suggested the limit for payouts would be a “few thousand”, it was cut yesterday to just $600.
Here’s USA Today:
The cash-strapped state of Illinois announced Wednesday they’ll be handing out IOUs for the time-being to any state lottery winner who wins more than $600.
“Payment delays will occur because there currently is no legal authority for the Illinois Comptroller or the Illinois
Lottery to issue checks,” the Illinois Lottery said in a statement. “Please note that the funding to pay winners exists, but the legal authority to issue checks does not.”
The lottery said the payments will be made once a state budget is passed.
The lottery has been delaying payments to big winners since the current fiscal year started on July 1. Initially, only winners who were set to get $25,000 or more were receiving IOUs.
On Wednesday, the Illinois Lottery lowered the threshold to $600.
Needless to say, some folks are upset, as winners are now incredulous at the idea that the state is essentially just selling bogus raffle tickets:
“How the heck can they do this, and they're still selling tickets?" said Homer Glen resident Rhonda Rasche, 48, according to the Chicago Tribune. "If I was the one selling raffle tickets and I didn't pay, I would be sued or in jail or both."
Yes, Rhonda, you probably would, but you’re not the one selling the tickets, the state is and while you can sue the state (and some people apparently are), you can’t really put it in jail. Furthermore, you can certainly count on people still playing the lottery even as they’re told they won’t be paid if they win, which means free (not to mention badly needed) revenue for Springfield.
We’ll close with the same quote we left you with when we first told Susan Rick’s story in August. This is from State Rep. Jack Franks:
"Our government is committing a fraud on the taxpayers, because we're holding ourselves out as selling a good, and we're not — we're not selling anything. The lottery is a contract: I pay my money, and if I win, you're obligated to pay me and you have to pay me timely. It doesn't say if you have money or when you have money.
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You can't not win if you don't play.
Lotto is called an idiot tax for a reason.
Hope springs eternal. The greatest con in the world is selling false hope since there are always willing buyers. Politicians have known this for centuries.
We can still afford to take your money, it's for the kids recall buy them for the kids.
Funny... Wall Street gambles and loses and they print trillions of fiat FR Notes to cover them. An honest sucker who legitimately wins a numbers game and they deny payment. Only in Ziombie America.
If the Mafia guy refused to pay off winners in the numbers games, he would be kissed by a neighborhood baseball bat.
if you *like* your lottery ticket, you can *keep* your lottery ticket
yep, all of the BIG CITIES run by Republicans are flat broke too, as are all of the states with Republican rule for the last 20 years.....because you know....as the sheeple like to bleat here....."BOTH PARTIES ARE THE SAME"....
Illinois is getting Rahmmed....reamed....bath-house style...
Pension checks - stopped
Lottery Winnings= Stopped
WELFARE CHECKS TO THE DEMOCRAT TICKS AND LEECHES TO BE DELIVERED right ON SCHEDULE....
Yep, sure "BOTH PARTIES ARE THE SAME".....
I can see why cowards down arrow me, yet cower from replying and setting me straight!
If you're stupid enough to play the lottery, you deserve an IOU.
THE LOTTERY: "Taxing the innumerate since 1964."
Most of the folks doing all the buying don't know nothing about no news...
And now the Punchline:
He'll still owe taxes on his 'winnings'...
Comedy script:
Auditor: In our opinion, the financial statements referred to above present fairly, in all material respects, the respective financial position of the governmental activities......
“We prioritize the bond payments above everything else,” Munger told reporters.
Kind of like O’Banana and GM, huh?
< Illinoisan.
< Sucker.
What do you call a citizen of Illinois?
Illinoying
This would be great news if it was Shirley Jackson's lottery.
Amazing promisory paper for promisory paper (fiat)
You know things have gotten ridiculous at this point in time when there is a ponzi scheme based on another ponzi scheme.
If only Illinois was in the loop and was made up of a majorit of tribe members it could get all the dollars fiat it needed. Just look at Israel.
Fucked.
I honestly feel sorry for the woman who is pictured in the article.
GMO's and 'poor life choices' and stuff (like living in Illinois) have made her appear as being quite unnatractive. Triple-bag material, in fact. She's probably nice, though (or not).
Living in Illinois right now is like a man going through a divorce (the fucking you GET for the fucking you GOT).
Fortunately the people who play the lottery are most likely using cash basis accounting for their tax reporting. So they won't actually incur anything until they are paid. The only reason I ever switched to accrual basis was because of the net reporting (loophole) for the year I took off to do day-trading. But my tax return is phone book sized anyway so the headaches of recalculating and allocated expenses and income on a accrual basis is relatively minor (compared to things like FATCA, CFCs, or disregarded pass through foreign entities). But if I'm unfortunate enough to pass through Chitcago any time soon, I'll be sure not to pay the stupid tax now.
FY ends in June (2016) ... Lets see ... taxes are due in April.
IRS taxes lottery winnings. So does State govt ... hmmm
So - we will have lottery winnners owing 10s of thousands or even 100s of thousands in taxes on a non-existant payment. I bet, without a doubt, the Fed forms are already filed on these winnings - happens when you turn in the ticket in order to get paid.
The IRS is super nice - they take IOU also right - no penalties for non-payment, no increased chances of audit for refusal to pay (because you are obviously hiding the money) ...
It would not even surprise me to have the State go after these winners as tax cheats for not paying the taxes on the winnings. There is likely some law they can use that states they owe the taxes whether or not they actually collect the money.
Actually, it's not likely that Federal or state income tax would be due on money not paid out.
The IRS has a 'constructive receipt' rule that reads: "Income is not constructively received if your control of its receipt is subject to substantial restrictions or limitations."
I think the fact that the state hasn't even printed or mailed the check would be considered a 'substantial restriction.'
Oh.
The IRS, of course, isn't REALLY 'bad'! SEE! They have a 'RULE'!
For only $5,000.00 (or maybe $15,000.00), YOU can have a 'tax attorney' look up this 'rule', and appear on your behalf to explain it to your friendly, honest, intelligent IRS 'case worker' (in front of a tax judge). A couple of years from now. When you go in to fight the tax. After they start fining you. And reposess everything you own. With guns and tanks. And shoot your dog.
The best option is NOT TO PLAY (at least, in ILLINOIS, the Land of Emmanuel).
FUCK the IRS! TO HELL!
I said at the news that this was likely to happen that it wouldn't cause people to stop playing. The one inexhaustible resource is stupidity.
Stupidity for sure.
Like the stupidity of believing these fools...
So which is it? Your out of cash, or your not aloud to issue a check? And if the later, who's issuing the $600 checks, and who's making the Bond payments?
It's clear to me they are out of cash and they haven't found a lender to bail them out.
Those lenders are busy, the fed is out of cash too!
Freaking stupid Oligarch lackeys being led like sheep to the slaughter!
she needs to go break some legs....it's the traditional old-fashioned Chicago way of debt collection.
OK fine, i'll become a demicritter and go on the welfares. Cant beat em join em right?
Money taken out of of paychecks for union dues on direct deposit to the Dem machine - right on schedule. There ain't no stopping that grift.
"WELFARE CHECKS TO THE DEMOCRAT TICKS AND LEECHES TO BE DELIVERED right ON SCHEDULE..."
Turn off Limbaugh and Fox news moron; WELFARE CHECKS ARE CORPORATE WELFARE!
18% of EVERY DOLLAR pumped into SNAP goes into WALMARTS POCKETS....that's $14 BILLION A YEAR...the other 82% goes to Target and others...IT'S ALL CORPORATE WELFARE...that is why the checks must go out...if the welfare checks stop, CORPORATE AMERICA TAKES A BIG ONE SOLIDLY IN THE ASS...dumbass.
$1.17 BILLION A MONTH of Walmarts sales is SNAP! Let that sink in...that is why the welfare checks must go out...The "Ticks and Leaches" do not lobby in DC...WALMART DOES!
REPUBLICANS control Congress, CONGRESS writes the checks...NO TALK OF WELFARE SPENDING CUTS and definitely no actual cuts....EXPLAIN WHY?
~~~~~~~~~~~Here, straight from Zero Hedge...read it, accept it...
Foodstamps Are Corporate Welfare http://www.zerohedge.com/news/2013-07-17/foodstamps-are-corporate-welfareFUCK Team Red -and FUCK Team Blue.
FUCK Rush/Fox -and FUCK you, too..
The two legged social security numbered welfare leeches that the checks are made out to and the squidly corporate branded welfare leeches that gouge the check reciepients via political process purchases, card fees, overdraft fees, atm fees, pay-day loans, retail sales of wholesale chinese junk, rent gouging, selling nutritionless crap as conveniently prepackaged food, etc., are TWO SIDES OF THE SAME STOLEN COIN.
+ a whole bunch !! Ya damn skippy!!!
I logged in just to upvote this.
WAIT, WAIT, WAIT!
It's like voting for the 'lesser of two evils'!
YOUR point is valid, as is your antagonist's point. HE has a better avatar pic than you do, though.
Next thing you'll be saying is that that frozen cardboard with cheese-food-product and red-tomato-like paste sold as 'pizza' really isn't nutritious. Reading enlightened discussions makes me hungry, and I'm gonna order out (using my Foxcomm-made phone).
At $1.17B a month, thats $14.0B a year, or 2.9% of total revenue of $485B. With a net margin of 3.36%, that represents $470 million of net income. Not the windfall your post suggests given the size of the company. Let that sink in.
Walmart has done more for lower-income individuals than any government program out there.
And, they pay $8 billion in income taxes each year. Walmart is not the problem. The government leaches are.
Tired of all the corporate bashsers out there. Just wondering, are there any corporations that do a good job of providing a valuable good or service? Ever see a movie or a tv show that showed a corporation in a positive light, or even not in a negative light? Wake up, you're being manipulated. I can choose who I want to do business with. The government leaves me no choice as they screw me every chance they get.
I will bash. Walmart paying 8 billion tax on 485 billion revenue. that seems to be about 1.6%. somebody's lying.
They pay tax on their profits, not on their revenues...
.
Nice math...except you need to add in:
1. WIC checks - Time and again people in line if front of me have two seperate orders...one for the WIC check, the other for items WIC won't cover that are paid for with cash.
2. Section 8 Housing puts more money into "poor" pockets who then take some of that money and spend it at walmart.
3. Medicaid - Holly Mother Fucker...that's a HUGE money saver for the poor; time for a new flatscreen.
4. EIC - ~$7k straight into the "poor" pockets and again more stuff from Walmart and all the other corps.
I would wager that if you add all that up, it's $30B a year easy of "welfare" money that ends up in Walmarts pocket...so a billion of net income or so...at least! Take that away and walmart wouldn't feel it?
People CHOOSE to shop at Walmart. Why? Because they get greater value for their money than other alternatives - 3.3% net margin is not aggregious by any measure. That will continue until another competitor offers greater value. That's the way things should work. Its called free market capitalism. It's created a greater standard of living for all those fortunate enough to live in a society that will embrace it. Problem now is the global shift to socialism, statism, etc. is lowering the standard of living for everyone. Always has, always will. Read Mises' Human Action. Individuals act to improve their situation, as determind by the individual - its also called liberty. The resultant effect is that resources get allocted to their highest and best use. Don't need some government bureaucrat to invoke some bullshit "public policy" or "regulation" ostensibly to help me but essentially designed to pad their own pockets. The more government involvement in anything, the more kickbacks and bribery, etc. Reduce government and reduce the opportunites for abuse. Very simple.
if the welfare checks stop, CORPORATE AMERICA TAKES A BIG ONE SOLIDLY IN THE ASS...
Not to mention, there would be a chimpout of epic proportions...which is also considered.
"chimpout" = funniest thing I've heard all week.. THANKS!
chimpout of epic proportions = Lamar Odom
Actually, not just considered, but the only real reason for welfare is crowd control. snap cards are revolution insurance for the rich.
The correlation between food cost and revolution is nearly indisputable, as accurate a tell for future social unrest as Dr Copper is for the economy. I'd venture to say handing out money to feed the poor is far more noble then the corporate hand outs woven into every bill that passes through Congress.
I'd rather see helicopter money to the people then another hand out to the pukes who cause the economic disparities. When Bush sent my wife and I an unexpected $1,200 rebate check we built a fence around the back yard, While wall street types payed for a nights Coke binge.
So before anyone starts crying about feeding the poor and who benefits from the process we should probably focus on the billions handed out to the banksters every time they make a bad bet!
PS,
Susan Rick has a boy friend, Really???
It really does look like they're just having fun, seeing how far they can push before anyone complains.
No money for pensions.
No money for lottery winners.
But plenty of money for bankster bonuses.
"See, the eCONomy would stall if peoples had munny to spend. The eCONomy only werks if peoples borrow munny from the banksters."
It's the Trickle-ON Effect.
"Oh, so you're NOT going to borrow money you can't afford to repay, eh? Think you're smart. Well, we'll just TAKE all your money and then you'll be FORCED to borrow some. Let's see ya try and get out of that one!"
Not a mistake: eCONomy "werks", as in "twerks" ...
Pension checks are NOT stopped.
Missing a payment to the pension FUND does not mean checks stop going to pensioners. They're simply choosing to underfund the pension plan. Their pension plans are currently ~45% funded...so missing a $500M payment just mean the pension programs are slightly more underfunded.
Pension checks are NOT stopped.
Yet
Well, SEE! You prove the point that (sic) our friends at Hasbara and TIA have been TELLING you!
The government IS protecting you!
Everything is FINE! Those people who say that the sky is falling are tinfoil hat-wearing conspiracy theorist NUTJOBS living in mommy's basement eating Cheetos, in boxer shorts, with nerd-packs!
PENSION RECIPIENTS: CALM DOWN!
The Sun WILL rise tomorrow, and FOREVER!
UNTIL IT DOESN'T.
It appears that the LOTTERY FUND, however, is slightly LESS funded (think NIRP on STEROIDS). Win 250 Large? Get 600 SMALL! (it's the INTEREST, you know)
Absolutely. Keep spreading those words of wisdom from our masters. There are two parties and yours is always better than the other.
War is Peace. Freedom is Slavery. Ignorance is Strength.
This is a service announcement from the Ministry of Truth.
Only on a national level...do you think jim bob from city hall is getting paid off by the deep state?
No doubt jim bob has his own little scams going. It's just a matter of scale.
TongueStun - Thank you for reminding us of the evil that is government, no matter which team is in charge.
And this is why when things go bad, they go bad seemingly "all of a sudden". It's been building for years, decades even. But when it hits the wall, it hits the wall.
Watch for the Illinois death spiral to get worse fast. Since they won't pay on winnings, the revenues from those lottery tickets will quickly dry up. Who would play if it never pays off?
"Who would play if it never pays off?"
That never stopped idiots from buying lottery tickets in the past...
But the bond-holders AKA bwankers get paid on time no matter what ..everybody else gets excuses and IOU's.
I don't recall a state lottery not paying off in the past.
99.999999% of lottery participants have never won a jackpot; and yet, they continue to buy tickets...
Indeed. But when the odds of winning go from mathematically insignificant to absolutely zero, no one will buy a ticket.
Not true. They make great gifts. After all, it's the thought that counts. /s
start suing the sellers of the tickets and see how many are sold
So what your telling me is that my odds may get way better? I am going all in bitchez.
Just like liquor, tobacco, and gas, they will go to the surrounding states.
Kinda convenient that you can get all four in one stop.
Don't play! Duh
So what did happen to all that money that Illinois made by selling Lottery tickets???
Not segregated funds, I take it.
Corzined?
Might be a good time to start being paid in cash at the end of each day ...
maybe they didn't sell enuff tickets! Yeah, yeah, that must be it...
You'll know the sheep are truly brain-dead if they continue to play ...
There are no segregated funds in government. It's all THEIRS. They can play the shell game and talk about segregated funds, but at the end of the day, they'll take the money no matter what "bucket" it's in.
But but but, the lockbox.
So what did happen to all that money that Illinois made by selling Lottery tickets???
Are you kidding? All that money went to pay off the welfare ticks and leeches that constitute the Democratic party's base....yep..."BOTH PARTIES ARE THE SAME"
Bankers on welfare, poor folks on welfare.
Yes they are the same. But banker get bigger checks.
It's Illinois, of course there is Corzining. You can bet along with Madigan, Tiny Dancer, Rauner, the pals and hangers on are getting their taste. Meanwhile, child care, health care facilities and paharmacies are going bankrupt left and right. Many are owed in the hunders of thousands and thats as good as a Lotto ticket.
FORWARD SOVIET ILLINOIS!
Why don't they just pay the winners WITH Lottery Tickets?
"Put it all on Black."
"There is no black due to the budget impass, budget cuts, revenue short-falls, municipal and state malfeasance, misappropriations and fraud, Sir."
"Put it ALL on Red."
"Everything put on Red is automatically donated to the Democratic National Convention."
"What otehr colors do you have in this Casino?"
"We have a new color: Blue. Anything put on Blue is charged a 2% fee for each spin of the wheel and 20% of all winnings by the Dealer, all winnings are then taxed at 60% by the House, and the rest can only be accessed at $600 dollars a month by debit MasterCard at atms with $6 withdrawl fee per transaction... We also offer margin loans to play roulette and short term collateralized loans to get throgh to the end of the month when you can withdraw up to your $600 limit..."
http://dilbert.com/strip/1994-04-08
http://dilbert.com/strip/1994-04-09
all those schools that they built and all those text books that we're purchased... WINK. WINK. NUDGE. NUDGE. fuck the system. skewer the bastards on pitchforks.
Leaving IL is an option more should consider. Vote with your feet!
Government need... Leaving IL is an option more should consider. Vote with your feet!
----
Fuck no. Leave the libtards there. Put a wall around the state and make it a prison. The US itself has become a prison. We'll just make places like Illinois maximum security.
Mmmm. I thought the US was a prison. Remember the 100 mile Constitution-free border zone? NSA surveillance of prisoners? NDAA detention in solitary without trial? TSA permission to move between cell blocks?
I'm certain the IRS and State Revenue Department are at the door looking for 50% of the winnings as taxable income. Can the victim winner give them an IOU?
You are probably correct. The IRS and State will assess you tax on your winnings meaning that if you get a delayed lottery payment, you could have cash flow and tax problem.
Not sure of the rules in Illinois, but lottery winnings in California aren't taxable by the state. FedGov certainly takes their cut and they'll take it whether you get an IOU or a cash payment, so you're absolutely right about a potential cash flow problem. FedGov would probably garnish the poor bastard's wages and effectively take the entire amount of lottery winnings as penalties and interest.
The game is 'no-limit' tyranny. Please, have a seat.
You are not 'assessed' the tax until you receive the payment.
That was NOT true for funds dispensed under the Unified To Minors Act.
People were indeed taxed for funds that were NOT disbursed to them.
The IRS did not give a shit if the money was stolen and charges of fraud were being pursued: they garnished wages and seized accounts... I don't know if this was ever changed.
Be very careful making such statements as you have here...
Its one thing to continuously and increasing rob people of their hard earned incomes, but when you start robbing gamblers, people who expect something for nothing, then brother, you are looking for a fight.
Can't even make a legit profit out of a lottery racket! How do these people manage to breathe? Put a one-cell amoeba in charge.
Holy cow, a land whale! A species on the verge of extinction in the US. Discovery channel is doing a special on them next week. Do watch!
God bless Susan Rick’s boyfriend. I am glad he took one for the team.
Did you think GMOs would turn us into sex gods?
Possibly...
All we need is additional"adjustments" in our perceptions.
Thin people work too much and as such are a threat to the happiness of social uniformity. So fatten up and turn on the TV.
Somehow, I suspect Susan Rick's boyfriend actually received the payout; he's just using the budget crisis as a convenient dodge and lying about the IOU so he doesn't have to share his winnings with her...
Lighten up Francis.
It's $1.
It's all about the hope. I play the lottery occasionally and buy scratch-offs as well. I fully realize the math, and justify it by how I'm increadibly cheap with how I live. So, I don't feel bad about $30 a month on the lottery since I almost never buy lunch (I make it at home), buy expensive coffee, spend money on a car, even though mine is far into the 6 digits, etc and I save money every month.
I know that I'll never win, but eff it. Some people like seeing movies in the theatres and getting Starbucks a couple times a week. I like throwing my money at something I'll never win. We all have our frivolous things :)
So what is the Stock Market called?
The gift that keeps on giving?
Free money wheel?
Personal piñata?
I can't believe it's not butter?
Unicorn shitting skittles?
The Perpetual Wealth Machine?
(Well, anyway at least for the 0.01%'ers)
This is too funny! They would just blow through it all in 1-2 years anyway...you can always count on an idiot!
It may be called an idiot tax, but that idiot still won and isn't getting what should have already been given. Lesson 213423452351 in, 'the govt will ALWAYS fuck you'
imo, the stock market is a lottery that I opted out of after the tech bubble
Fuck the libtards in Illinois. I can't wait for that state to go bankrupt.
The latest Illinois lottery jackpot:
A case of Bud Light, a coupon book for MacDonalds, and a box of Trojans.
The bankruptcy of American govt. is slowly breaking through the dark waters and we are seeing the monster and it's not pretty.
Lowers Maximum Lottery Payout To Just $600
Just ran out of other people's money....really sorry about that.
Thanks for playing though.....please keep doing so.....our funding from Greece is due to hit any day now.
It is tough budgeting peoples money, you know how many front companies these politicians have to keep going? They may have to purchase vaccum cleaners to suck in all the cash a bit more efficiently.
Dont worry, all that "sustainable" growth is on its way! Way to go Green man! Windfarms will save us! ? Al Gore...! ... lack... of...nutrients... blah
Oh...the money's there. They have assured us.
"Please note that the funding to pay winners exists, but the legal authority to issue checks does not.”"
They just can't legally give it to you.
<I can't wait until they 'settle' all outstanding lottery payout claims for 50 cents on the dollar.....bitches.>
"Please note that the funding to pay winners exists, but the legal authority to issue checks does not.”
I like how they don't have legal authority to issue checks...unless it's arbitrarily below $600.
If you owe state income tax to Illinois will they accept an IOU?
My thoughts exactly. Those IOUS should be directly deducted from taxes owed at end of year.
Im sure the State of Ill-noise has designed those IOUs to be fully tax-creditable. . . Bwahahahah! Fucking tyrants. Time to renegotiate the social contract. . . after hanging a few crooks.
The "rules" were created by the rulers, not the ruled. And they are enforced by the rulers as well, so where is the confusion in this? Do we really think we can arm our protectors with guns and authority to use them and not find them pointed back at us at some point? This is THEIR money. They made it, they decide who gets to keep what, and obviously who receives what. Just keep your lube a drawstring britches on and be ready to bend over, when and where they demand.
"If you owe state income tax to Illinois will they accept an IOU? "
What are the penalty charges for not paying on time?
What are the penalty fees and what is the compound interest rate on late taxes and fees for outstanding arrears?
IS Illinois going to pay the same fees and compund interest rates that Illinois charges?
stupid is as stupid does sir
My mentor once told me that gambling was a tax for people that can't do math.
After years of mulling that over....I've come to the conclusion he might be right.
On that theme...ever notice that all the folks that win these fucking things look like trailer trash? I am sure they piss it all down the train with 4x4s and marble fountains.
Its purely a coincidence that government legalized gambling for their own profit (general welfare, you know) is predominantly funded by those most apt to be on government assistance and the least able to afford bad choices. But of course, who else would gambling appeal to?
http://www.illinoislottery.com/en-us/Lotto.html
Next jackpot 10.5 mil tonight
"Anythings possible"
Really ...
"Anythings possible"
Yes we can......maybe.
If I told you that you could win $600 by throwing down a buck, it might sound tempting. Most don't understand the odds of winning that $600.
Many state and local government bankruptcies are coming precipitated by sky-high healthcare and retirement costs.
The US government has total debt and unfunded liabilities of over $210 trillion or over $1,720,000 per taxpayer. It's bankrupt too.
paging Meredith Whitney...
You can't be bankrupt if you can print money for nothin and the chicks are free.
You become bankrupt when the noobs stop using your toilet paper to pay their debts both public and private.
Gubbermint full of tards ruling other tards. Why anyone would live in a Blue state unless on welfare is beyond me.
Go Bears!
Go Cubs!
Go Fuck Yourself!
OK.....no season tickets for you!
Spoken like a true Cardinal fan.
Think that's bad, how about the dollar?
On instructions from neocons, oatmealhead Obummer just spent 1 trillion of our US tax dollars on moderate maggots that behead Christians in Syria.
A trillion makes it easy to get ahead.
Like $5,000 toilet seats, do you really think the USA spent 500 million dollars to train 4 or 5 "good" jihadist mercenaries. That money was first embezzled by insiders who then say it was spent on some make believe program. Some Pentagon insiders and Obama friends now own real nice co-ops in NYC and Chicago paid for with stolen taxpayer funds. Any Army accountant who attempts to really audit these mercenary funding programs can expect to be involved in a fatal car crash or be another unexplained suicide.
Hopefully no nail guns were injured in the suiciding of the auditing accountant.
When are people going to get it?
The US, in fact most Western economies are screwed. This is going to get so ugly and the people in charge will 'do whatever it takes and at whatever cost' to you and I to maintain their positions.
IF it has to get ugly, then let that ugly be that the people in charge are doing whatever they can to keep from being ripped to shreds by the bare hands of the citizenry.....
You know your state is broken when they can't even make a profit off a fuckin lottery!
My biggest fear is that they'll keep selling tickets! :
"Oh, we probably weren't going to win anyway ..."
How brain-dead are the brain-dead? We're about to find out.
Hows the skim off the Powerball.......
The tax hikes coming their way will be eye watering, and the citizens will stand right there and take it up the ass.
While the theives they elect continue right on stealing.
Not to worry though serfs these new taxes will only be on the "rich" folks!
It is our responsibility to care for our brain dead brothers.
Bend over and take it up the ass when they raise taxes to pay lotto winners. After all, lotto winners are simply low income "investors" that deserve to be made "whole".
The second best thing the tax payers could do in Illinois is to withhold their tax payments and quit playing the lottery.
The first would be to leave that sinking ship called Illinois before the exits are blocked.
How long before Illinois, who is collecting dollars for the multistate lotteries, also holds those dollars back to make payments, leaving winners in other states without their payouts?
You just know that if they have to they will. It's how they operate.
If you can't count on the lottery, what can you count on?
Stacks of upaid winning lottery tickets?
Just keep stackin and avoid boating accidents at all cost.
Meredith Whitney will have the last laugh yet.
Ha, ha, ha!
The great state of Illiponzi!
Good god, is the other mass; 99% Monkey Rule, seeing or hearing any of these shots across the bow?
This monkey rule is proving itself quite well.
As a spectator, I believe I will exit the show before the theatre burns and the monkeys realize...
the roof is on fire.
The shots are in the face with rock salt: NOBODY seems to PREVENTATIVELY acknowledge.
Amusement as to such, is sincerely fading.
Now playing the lottery really is just a tax.
THAT'S it !
Lottery tax care: win no taxes for a year, free health care, free Iphony, free 1 year EBT card, and no audit for 6.5 years!
Tickets are tax deductable as well.
Odds of winning, not likely.
If folks are smart they will never buy another Illinois lottery ticket...oh wait
That said the US has been pumping out IOU's for decades!!
I'm sure the Chinese will be just as understanding as the lottery winners lol