This is my first blog of 2016. I think 2016 will be an exciting year for the world.
On a different note, the Powerball lottery's jackpot is a record $800 million. My luck with any kind of gambling has been consistently very bad. I do not win raffles, football pools etc. I lose in casinos, and of course in the lottery. I have accepted it as a positive thing, so I try to stay away from lottery or any gambling activity as much as possible. In my office they collected $10 each in a pool of some 30-40 people, for last week's jackpot, which was $400 million. The tickets were purchased, scanned, and emails were sent out to all the contributors. To be in the team spirit, I contributed too. Of course, we did not win. So, they started again today to collect for the bigger jackpot. This time I decided to not be a team player. I am sure the same routine was played out in almost every workplace in America.
So, here is my question: why doesn't the government give out more prizes in smaller chunks? Say, $100,000 to 8000 people? I know the answer already. The government collects more taxes on $800 million prize than on $100,000. I get it. So, let us make it $1 million, to 800 winners. I am sure the taxes at $1 million and $800 million will probably be in the same bracket. At least, it will make 800 parties happy. Hey, for all you know, I might even join every lottery pool!
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