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PeakOil is You

THE US Tax Thread (merged)

A forum for discussion of regional topics including oil depletion but also government, society, and the future.

Your current federal tax (as a percentage)?

Poll ended at Sun 03 Apr 2005, 15:29:51

0 to 5 percent
3
No votes
5 to 10 percent
2
No votes
10 to 15 percent
3
No votes
15 to 20 percent
4
No votes
20 to 25 percent
1
No votes
25 to 30 percent
5
No votes
> 30 percent
5
No votes
 
Total votes : 23

Re: State lottos are ridiculous hidden taxation on stupid gr

Unread postby holmes » Mon 15 May 2006, 15:54:19

lottery = PONZI
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Re: State lottos are ridiculous hidden taxation on stupid gr

Unread postby eastbay » Mon 15 May 2006, 20:54:40

Spec's problem, as we all know, is with simple and common grammar, not math.

However, if he admits to buying lotto tickets then we must add poor math skills to the list of his cognitive deficiencies, but not until then.

:-D :-D :-D
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Re: State lottos are ridiculous hidden taxation on stupid gr

Unread postby mekrob » Mon 15 May 2006, 20:58:23

I don't know about in TX, but I think some states or at least the big lottos let you have a choice whether you take it in a lump sum or over time.
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Re: State lottos are ridiculous hidden taxation on stupid gr

Unread postby eastbay » Mon 15 May 2006, 21:05:02

Whoa cowboy,

You don't collect 'it' in a lump sum, you collect somewhere around .6 'it' if you choose lump sum.
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Re: State lottos are ridiculous hidden taxation on stupid gr

Unread postby mekrob » Mon 15 May 2006, 21:08:59

It's pretty obvious what I meant. I was just disputing what he was saying about taking it out over an extended period of time.
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Re: State lottos are ridiculous hidden taxation on stupid gr

Unread postby JoeW » Mon 15 May 2006, 22:25:41

while i agree the lottery is a scam, it is not as bad as made out to be here... the statement that 9,999,999 others get nothing is not true. most games give a smaller pay-out for matching 2 or more numbers. it's not a lot, but it's not "nothing," either.
still, it is for suckers, and anyone who understands the math can see that very easily. you are much better off going to a casino and playing just about any game you like.
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Re: State lottos are ridiculous hidden taxation on stupid gr

Unread postby Strontium_Dog » Tue 16 May 2006, 04:24:38

Don't forget desperation, many people buy lotto tickets not because they are dumb, they know how unlikely their chances are, saying they are motivated by greed lets us comfortably think they only have themselves to blame, they're fucked and they know it, they cannot see anything less than a miracle helping them out of their situation, pray and gamble against the odds, not so much idiots as hopeless fools.
(although part of me thinks most have allowed themselves to fall into a state of mind were they are unable to effect positive change in their own lives, reactive instead of active, ie wait for shit to happen instead of making shit happen) yeah hopeless fools without the inner stength to make positive changes to their circumstances, prime pickings for the army or religious wackos offering salvation.
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Re: State lottos are ridiculous hidden taxation on stupid gr

Unread postby mekrob » Tue 16 May 2006, 07:15:36

$this->bbcode_second_pass_quote('Strontium_Dog', 'D')on't forget desperation, many people buy lotto tickets not because they are dumb, they know how unlikely their chances are, saying they are motivated by greed lets us comfortably think they only have themselves to blame, they're fucked and they know it, they cannot see anything less than a miracle helping them out of their situation, pray and gamble against the odds, not so much idiots as hopeless fools.
(although part of me thinks most have allowed themselves to fall into a state of mind were they are unable to effect positive change in their own lives, reactive instead of active, ie wait for shit to happen instead of making shit happen) yeah hopeless fools without the inner stength to make positive changes to their circumstances, prime pickings for the army or religious wackos offering salvation.


Just like Fusion for us.
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Re: State lottos are ridiculous hidden taxation on stupid gr

Unread postby 12amps » Tue 16 May 2006, 10:56:00

Its not just the lottery issue. This happens all around us.
Anyone been to Jack-in-Box lately? I was there for lunch yesterday and now it seems they have this new policy where instead of giving you the receipt and calling you by number they ask you to write down your name on the receipt and they keep the receipt and call you on a first name basis to pick up your food. Not only that, they also go into detail about a number you should call and to do a survey by phone with Jack-in-the-Box and have a chance of Winning $10,000 US falling dollars.

If I ask, who benefits from this? Jack in the fucking box or ME the customer?
Anyone with so much of half a brain (Specops is an exception) will know that it’s a ponzi scheme all the way up and down. The really funny thing is where I live all the fast food restaurants have been taken over either by Hispanics or Blacks. I hardly ever see a Caucasian anymore and I have never ever seen an Asian working at McDonalds, Jack in Box, etc. And before you say that all the Asians have taken the REAL jobs, that is simply not true. I know of plenty of Asians here who have tried to get a job at McDonalds but always rejected..

SO I have this Mexican with a strong accent telling me how I can ‘WIN’ $10,000 just by calling this number and participating in a survey. I wanted to explain to him the truth. I wanted to tell him its all motivation of greed on every level, or else it would never work. I wanted to tell him that the only reason anyone would ever fill out that survey was for the astronomically small chance of money and not because they are genuinely interested in helping out Jack-in-the-Box but because of desperation and wishfully thinking some will always fall for the trap, and that the only reason you the cashier are coercing me to fill out that survey is because you want to promote your store location and you *might* have a astronomically small chance of doing better at this survey participation scheme than all the other Jack-in-the-Boxes across nation and thus you *might* stand to benefit by getting as many people to call as possible, and it is precisely because of your desperation and blind optimism that you are doing so right now, and lastly I wanted to tell him that only one that is certain to actually benefit is the top, they on the top will have more to gain if this ‘survey’ scheme works like they intended it too, yet there ‘gain’ is our ‘loss. How many stupid people are coaxed into wasting their time to fill that stupid bullshit survey and get NOTHING in return? If a million people fill out that survey and each take five minutes then thats 83,000. Even at minium wage thats $450,000.
Time is money. So if you are a minimal wage worker expect to lose
50 cents every time you are foolish enough to fill out that fucking survey. If you earn $250,000 a year expect to lose out $13 per survey.
The rich get richer and the poor get poorer.

I didn’t explain this to him because it would have taken too long, and besides he would have moved on to the next customer in order to provide his ‘service’ and do ‘business’ and be an obedient worker and make money for the restaurant.

I feel sorry that most of the people like him don’t have a clue what is about to happen to the US and the World in the next few years.

Cashier: “Sir, you just have to call this number and you can win $10,000 dollars!”

Sir: “why the fuck are you still working here you stupid asshole, why the fuck aren’t YOU calling that fucking number and winning your $10,000 dollars!!?”

The world is full of stupid people.
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Re: State lottos are ridiculous hidden taxation on stupid gr

Unread postby 12amps » Tue 16 May 2006, 11:26:58

And Yesterday night I was watching “DEAL OR NO DEAL” and this lady who works at a restaurant in New York was playing for half a million. DEAL OR NO DEAL (and Apprentice and others, etc) have this thing where you could win $10,000 by calling in and voting on your cell phone.

If the general public just knew what stinky pyramid scheme this really is they would never fall for it. I’m glad I don’t have a cellphone… And at the rate PO is coming true, I may never have the need to get one….

So this girl on DEAL OR NO DEAL gets $131,000 offer from the banker and Howe asks her if $131,000 would ‘change her life’. And she’s all fucking excited and saying ‘OH YES! THAT MONEY WOULD SO CHANGE MY LIFE’.

And she’d be right. $131,000 would change anyone’s life. (useless you are already filthy rich) But the thing of it is this: for every New York Shitty Nobody that goes on shows like this, the network is ripping MILLIONS of people off who watches shows like this…
How are they ripping them off you ask? Subliminal adverstiments.

We are a consumption culture. We want to spend, spend, spend, consume, consume, consume. And let be frank, even without advertisements shows like Deal or No Deal and Apprentice Don’t teach sustainability and don’t reflect reality.


I mean just take the AMERICAN INVENTOR show for example. It talks about one person getting the American Dream. Are all Americans fucking retarded or do they have the memory of a goldfish? The definition of American Dream is that it could be for EVERYONE in America. (at least the vast majority) The believe that ALL (most) who worked hard, persevered, had good morals and business ethics, had the American spirit, can eventually prosper in this free market, capitalism, democratic, land of the free home of the brave from sea to fucking shiny sea… That is a important part of the American dream, that EVERYONE can have this dream is the dream itself! It’s want made America so different from all the other nations in this world. Any country has its “RICH” people, even China during its 30 year backwards revolution still have RICH people, what make America so different was the standard of living was pleasant to ALL those lucky enough to be call an American Citizen. THAT was the American Dream.

So here we are, on a show called AMERICAN INVENTOR. Tens of thousands of people where potential applicants. Of these only a thousand make it to the next level. Of these only a few will make it on the show. Only ONE person will get the ‘AMERICAN DREAM” that “AMERICAN INVENTOR” is bragging about. The chance to CHANGE YOUR LIFE FOREVER, is for ONE person out of tens of thousands……

THINK ABOUT THAT……

The American Dream is DEAD.
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Re: State lottos are ridiculous hidden taxation on stupid gr

Unread postby Specop_007 » Tue 16 May 2006, 12:18:22

$this->bbcode_second_pass_quote('eastbay', 'S')pec's problem, as we all know, is with simple and common grammar, not math.

However, if he admits to buying lotto tickets then we must add poor math skills to the list of his cognitive deficiencies, but not until then.

:-D :-D :-D


No, his math is fucked.
And I do occasionally buy a ticket for shits and giggles.
What Mr. Science has forgotten to tell you is theres a break even point where it feasible to play the lottery.
Additionally, you have 2 options to recieve lottery winnings (large ones).
Annuity or lump sum.
Assuming lump sum you end up with roughly 25% of it. You get approximately 50% of the total value on the lump sum, then pay taxes on that. Taxes are roughly 50% for lottery winnings.

So, if you win the base Powerball you get 10 million. You choose the lump sum option which gives you roughly 5 million. After taxes on that you'll walk out with 2.5 million. Again, estimated.
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Re: State lottos are ridiculous hidden taxation on stupid gr

Unread postby Specop_007 » Tue 16 May 2006, 12:22:02

$this->bbcode_second_pass_quote('12amps', '
')
Cashier: “Sir, you just have to call this number and you can win $10,000 dollars!”

Sir: “why the fuck are you still working here you stupid asshole, why the fuck aren’t YOU calling that fucking number and winning your $10,000 dollars!!?”

The world is full of stupid people.


I was going to respond to your little half wit rant. But I got to the end and read the part I qouted and laughed.
How true it is. "Why arent YOU calling the number".... :lol:
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Abyss, the Abyss gazes also into you."

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Re: State lottos are ridiculous hidden taxation on stupid gr

Unread postby 12amps » Tue 16 May 2006, 12:27:34

$this->bbcode_second_pass_quote('Specop_007', '
')

No, his math is fucked.

What Mr. Science has forgotten to tell you is theres a break even point where it feasible to play the lottery.


Why don't you tell us just what in the fuck is the BREAK EVEN POINT to which you are refering to? Explain it in detail please. I would like to see if I can 'break even' with 'legalized gambling'.

Still, I wouldn't PROFIT, after all spec's did say BREAK EVEN.
But then again, even a BREAK EVEN is not truly a break even because it fails to take into account the TIME that I would have spent purchasing the lottery, running my break-even number generator, fill-in the form out, waiting in line to purchase the ticket, watching the TV or checking up on the internet whether the fuck I won or not.... So spec, any way you put it, YOU LOSE!
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Re: State lottos are ridiculous hidden taxation on stupid gr

Unread postby Specop_007 » Tue 16 May 2006, 12:58:53

$this->bbcode_second_pass_quote('12amps', '')$this->bbcode_second_pass_quote('Specop_007', '
')

No, his math is fucked.

What Mr. Science has forgotten to tell you is theres a break even point where it feasible to play the lottery.


Why don't you tell us just what in the fuck is the BREAK EVEN POINT to which you are refering to? Explain it in detail please. I would like to see if I can 'break even' with 'legalized gambling'.

Still, I wouldn't PROFIT, after all spec's did say BREAK EVEN.
But then again, even a BREAK EVEN is not truly a break even because it fails to take into account the TIME that I would have spent purchasing the lottery, running my break-even number generator, fill-in the form out, waiting in line to purchase the ticket, watching the TV or checking up on the internet whether the fuck I won or not.... So spec, any way you put it, YOU LOSE!


Careful, stand on those soap boxes too long and they break.

Click
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Re: State lottos are ridiculous hidden taxation on stupid gr

Unread postby 12amps » Tue 16 May 2006, 13:12:28

$this->bbcode_second_pass_quote('Specop_007', '')$this->bbcode_second_pass_quote('12amps', '')$this->bbcode_second_pass_quote('Specop_007', '
')

No, his math is fucked.

What Mr. Science has forgotten to tell you is theres a break even point where it feasible to play the lottery.


Why don't you tell us just what in the fuck is the BREAK EVEN POINT to which you are refering to? Explain it in detail please. I would like to see if I can 'break even' with 'legalized gambling'.

Still, I wouldn't PROFIT, after all spec's did say BREAK EVEN.
But then again, even a BREAK EVEN is not truly a break even because it fails to take into account the TIME that I would have spent purchasing the lottery, running my break-even number generator, fill-in the form out, waiting in line to purchase the ticket, watching the TV or checking up on the internet whether the fuck I won or not.... So spec, any way you put it, YOU LOSE!


Careful, stand on those soap boxes too long and they break.

Click


I read the link. It was entertaining spec. And entertaining was ALL it was.

Spec, Do you take me for a god damn fucking fool?

On rare specific occasions your individual odds makes it a statistical advantage to play the lottery, sure. However NOT on average in the long run. These rare occasions average out with the ones in which you stand to LOSE statistically. So as a grand total, play the lottery, ANY lottery is still a loss.

The fact of it is, there is always more money that goes into the system than can ever come out! (clerks have to be paid, lottery’s pay football players to advertise for them, paper cost money, etc…time and money and energy is expended and non-recoverable… guess who pays for these??) The Lottery is an energy loser, especially for the gullible individual who hopes against hope to become a BILLIONAIRE!

If everyone though the way you think Spec, if EVERYONE was SMART statistically and WAITED to play ONLY when the odds were in their favor statistically, then the lottery would never get anywhere. Think about it with your fucking brain you moron, it is the fucking retards that play during the statistically unfavorable times that props up the greedy bitches like you who play during the marginal statistically favorable times.

Use your fucking brain dipshit.
The Lottery aint no goddamn welfare program, why the fuck would
the state run a money LOSER??


Why you so retarded spec??
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Re: State lottos are ridiculous hidden taxation on stupid gr

Unread postby 12amps » Tue 16 May 2006, 13:21:36

Specs, can we just be friends??

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Re: State lottos are ridiculous hidden taxation on stupid gr

Unread postby JoeW » Tue 16 May 2006, 15:50:55

$this->bbcode_second_pass_quote('12amps', '[')b]Use your fucking brain dipshit.
The Lottery aint no goddamn welfare program, why the fuck would
the state run a money LOSER??


Why you so retarded spec??


i can't believe i find myself in the ridiculous position of defending specop, but he is absolutely correct. in fact, i play the lottery from time to time and, understanding the mathematics, i play only when the expected value of my return exceeds the ticket price.
for instance, pennsylvania has a lottery called the Cash 5, in which the odds of winning the jackpot are 1 in 575,000. therefore, when the jackpot is over $575,000, it is starting to look good to me. however, to calculate the expected return for your investment, you have to calculate:
the payout for 2 right times the probability that you get 2 right
plus the payout for 3 right times the probability that you get 3 right
plus the payout for 4 right times the probability that you get 4 right
plus the payout for 5 right times the probability that you get 5 right
i have never actually done this, because i am not that deeply concerned about it. since i can see that some here are, in fact, deeply concerned about it, i suggest you do the exercise yourself and figure out the point at which it makes statistical sense to play. look up the "choose" function in any probability/statistics text and you will be well on your way to discovering how to play the lottery like a mathematician.
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Re: State lottos are ridiculous hidden taxation on stupid gr

Unread postby 12amps » Tue 16 May 2006, 16:08:28

$this->bbcode_second_pass_quote('JoeW', '')$this->bbcode_second_pass_quote('12amps', '[')b]Use your fucking brain dipshit.
The Lottery aint no goddamn welfare program, why the fuck would
the state run a money LOSER??


Why you so retarded spec??


i can't believe i find myself in the ridiculous position of defending specop, but he is absolutely correct. in fact, i play the lottery from time to time and, understanding the mathematics, i play only when the expected value of my return exceeds the ticket price.
for instance, pennsylvania has a lottery called the Cash 5, in which the odds of winning the jackpot are 1 in 575,000. therefore, when the jackpot is over $575,000, it is starting to look good to me. however, to calculate the expected return for your investment, you have to calculate:
the payout for 2 right times the probability that you get 2 right
plus the payout for 3 right times the probability that you get 3 right
plus the payout for 4 right times the probability that you get 4 right
plus the payout for 5 right times the probability that you get 5 right
i have never actually done this, because i am not that deeply concerned about it. since i can see that some here are, in fact, deeply concerned about it, i suggest you do the exercise yourself and figure out the point at which it makes statistical sense to play. look up the "choose" function in any probability/statistics text and you will be well on your way to discovering how to play the lottery like a mathematician.


YOu are both dumbasses, my point is YOU and spec and people like you bitches ARE the statistic.

Here's a question for you geniuses:
If EVERYONE knew what you know, do you think it would still work?

It only works right now people bitches like you who manipulate the system are still in the minority.

Is the lottery on the whole making the general public who play it richer??

You fucking morons are gay....

how many of those who play the lottery understand the rules of statistics and when it is favorable to play?

This is the fucking point I am trying to get across to you dumbass bitches: IF EVERYONE WAITED UNTIL IT WAS FAVORABLE TO PLAY IT WOULD NEVER BE FAVORABLE TO PLAY! How would a lottery even get started if it wasn't for those who were willing to play under unfavorable conditions in the first place in order to prop up the value until it because statistically favorable? <---- answer that question you bitches!!!!!


It might benefit YOU , but not the vast majority of the people, and that is what I am really concerned about.

You and spec are greedy SOB's that are scamming the money of the dumb, poor, and desperate.
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Re: State lottos are ridiculous hidden taxation on stupid gr

Unread postby Specop_007 » Tue 16 May 2006, 17:03:12

$this->bbcode_second_pass_quote('12amps', '
')You and spec are greedy SOB's that are scamming the money of the dumb, poor, and desperate.


HERE HERE!
[smilie=occasion14.gif]

Seeing as you fit most of the criteria, I wonder if I can scam you.......
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Re: State lottos are ridiculous hidden taxation on stupid gr

Unread postby entropyfails » Tue 16 May 2006, 20:30:12

For all you SpecOp bashers, this is one area that he has it right. Sorry. Go bash his insane political stance. It’s easier and more fun! *laugh*

The utility of the $1 I spend at the lottery is very small to me and most Americans. The utility of the million dollars I’d get if I won is very large. Small risk for large reward is a formula for investing success.

Of course, if you spend a LARGE amount of money on the lottery, then you are a fool who doesn’t understand probability theory and economic utility.

Read this for more info:

http://www.plover.com/blog/risk.html


As the article points out, saying that lottery is a tax on the stupid is like saying that Fire Insurance is a tax on the stupid, because you usually loose money on both. But when you NEED the fire insurance or when you win the lottery, the payoff is very large indeed.

Now some people have a moral stance against gambling. But don’t try to pretend that “the math” agrees with you, because it does not and by claiming it you show that YOU do not understand the math.
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