On Wednesday, 28 June 2017 12:16:40 UTC-3, wrote:
On Wed, 28 Jun 2017 04:44:07 -0700 (PDT), Tim
wrote:

Due to Illinois not having a budget and billions of debt- No more powerball for Illinois.

http://www.kmov.com/story/35762466/n...ns-in-illinois

It is amazing that the government can't even be trusted to run a
numbers racket that pays out less than half of what a private
operation pays.
Your local street numbers guy pays $6000 on a 1000:1 bet of 10
dollars. The state ends up paying $5000 and about $2600 after taxes.
Lotteries are a bad enough bet as it is (50% payout) and ridiculous
after you pay taxes on that money. Your typical slot machine pays ~95%
of the action. If you are not playing "on the card", it is all tax
free.


Up here, taxes are included in the price of a ticket....the winnings are tax free.