Via the Indy Star:

The [Indiana] lottery proceeds fell by nearly $40 million in the past fiscal year, the highest percentage drop in the nation.

And you say that like it’s a bad thing? Seriously? Yes, I know that the lottery “helps” out with a lot of things like the Excise Tax, but come on, this isn’t a good way to go about it.

Sure, I’ve gambled before, but I can do the math and realize going in that I’m probably not going to get my money back. Which is why I’m more of a penny slot kind of guy if I’m in a casino (or even better, the half-penny slots).  And which is why I’d rather put my money into the stock market where you at least have a fair chance to make a profit as long as you’re not foolish about what you’re doing.

That said, I don’t have a fully formulated answer to a better solution at the moment.  But I do know that dangling the slim chance of getting “rich” in front of the middle class & poor as a means of collecting more money is just wrong. We’ve got to do better. Maybe the state should start acting like a productive business as opposed to a welfare recipient sitting on the couch munching on chips and chocolates.  Maybe the state should create something useful that our citizens (and anyone else for that matter) could buy instead of legally stealing the money of those who don’t understand probability and/or who have a gambling addition.  But of course, this is an inflated bureaucracy we’re talking about here. I’m just a small business owner who has worked his tail off to make a successful go at it. What do I know?

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