G
1736 days ago

Are you stupid enough to give away 45 cents of every dollar ?

Graeme from Frankton

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 ?

More messages from your neighbours
6 days ago

Poll: Should all neighbours have to contribute to improvements?

The Team from Neighbourly.co.nz

An Auckland court has ruled a woman doesn’t have to contribute towards the cost of fixing a driveway she shares with 10 neighbours.

When thinking about fences, driveways or tree felling, for example, do you think all neighbours should have to pay if the improvements directly benefit them?

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Should all neighbours have to contribute to improvements?
  • 82.3% Yes
    82.3% Complete
  • 15% No
    15% Complete
  • 2.7% Other - I'll share below
    2.7% Complete
2287 votes
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What's your favourite recipe for courgettes?

Mei Leng Wong Reporter from NZ Gardener & Get Growing

Kia ora neighbours. If you've got a family recipe for courgettes, we'd love to see it and maybe publish it in our magazine. Send your recipe to mailbox@nzgardener.co.nz, and if we use it in the mag, you will receive a free copy of our January 2025 issue.

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Tributes flow for Paul Galletta

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Paul Galletta, “a real Waikato guy”, was farewelled by police and the rugby community at FMG Stadium on Wednesday.

A crowd of nearly 1500 gathered to celebrate the life of Galletta, who died at the age of 62 on November 23.

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