Are you stupid enough to give away 45 cents of every dollar ?
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 ?
Poll: Is the increase in disability parking fines fair?
In October, the fine for parking in a designated mobility car park without a permit has jumped from $150 to $750—a 400% increase!
The goal is to keep these spaces open for those who truly need them. Do you think this big increase in the fine is fair? Share your thoughts below.
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89.1% Yes, it's fair
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10.3% No, it's unreasonable
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0.7% Other - I'll share below
Are you following the water charge discussions at Hamilton City Council?
Hamilton city councillors have taken tangible steps towards a new water regime that will see a charge based on their property’s capital valuation in their rates bill for the first time next year.
The council voted unanimously on Thursday on a series of direction-setting decisions in relation to the 2024-2034 Long-Term Plan Amendments.
Poll: What do you think about our city producing school lunches for NZ?
One hundred new jobs will be created in Hamilton as the city becomes the lunchbox of the nation.
All frozen school lunches from Kaitaia to Bluff will be made in Pukete in a purpose built plant operated by The School Lunch Collective.
What do you think about our city producing school lunches for NZ? Tell us your reasons in the comments (adding NFP if you don't want your words used in print).
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64% I support it
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16% I don't support it
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20% I'm not really bothered