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 ?
This week's prize winners
Congratulations to the winners of the $100 grocery vouchers. The winners are:
Blair Roddick from Blenheim
Greer Bell from Snells Beach
Dorothy Burt from Levin
Hannah Rice from Aranui
Winners must get in touch with us here before Tuesday, 25th February to claim their prize.
Not a winner this time? Never fear, there's always next week.
The Online Garage Sale of the Summer
It's time to clean out the garage (or closet or cupboard!) and make some money back on your summer goods. Get involved with the Neighbourly online garage sale on Saturday, February 22nd.
Whether it's time to let go of your spare tent, your beach umbrella or maybe clear some clothes from your wardrobe, the Neighbourly garage sale is the place to do it - it's free and it's local!
If this is your first Neighbourly garage sale, the way it works is that you list your items individually ahead of the event and members perusing the garage sale items online will contact you to buy it.
Make sure you check out the treasure trove of bargains on Saturday, February 22nd - it's well worth a look!
🧩 Crack the Code: Today’s Riddle Challenge! 🤔
I’m a three-digit number; my tens digit is five more than my ones, and my hundreds digit is eight less than my tens—what am I?
Do you think you know the answer to our riddle? Don't spoil it for your neighbours! Simply 'Like' this post if you know the answer and the big reveal will be posted in the comments at 2pm.
Want to stop seeing riddles in your newsfeed?
Head here and hover on the Following button on the top right of the page (and it will show Unfollow) and then click it. If it is giving you the option to Follow, then you've successfully unfollowed the Riddles page.
Loading…
