K_dense 3 Posted January 8, 2009 Share Posted January 8, 2009 I am sitting around waiting for the powerball drawing tonightI was thinking about all the federal tax money that generatesI found this link that states 2.85 billion netted for the govermenttax foundationdoes anyone know where I could find itemized listings of how this moneyis spent. I see the high school near my home has a very nice new performing arts center, is that my powerball dollar hard at work also, would internet gambling taxes measure up to being worth doing Link to post Share on other sites
XXEddie 0 Posted January 8, 2009 Share Posted January 8, 2009 No.Waaaaaaaaaaaaaay more luck in poker. Link to post Share on other sites
litlebullet 0 Posted January 8, 2009 Share Posted January 8, 2009 No.Waaaaaaaaaaaaaay more luck in poker.word Link to post Share on other sites
Chet Chetterson 0 Posted January 8, 2009 Share Posted January 8, 2009 I assume that Powerball revenue is treated the same as revenue from state lotteries. States choose different uses for the money. Pennsylvania goes to senior citizens programs. New Jersey's goes to education I believe. Check your state lottery page Link to post Share on other sites
K_dense 3 Posted January 8, 2009 Author Share Posted January 8, 2009 eddie, it sounds like you took a quick look at the title then went into auto postand bullet still manages to pull off an even sillier response Link to post Share on other sites
vbnautilus 48 Posted January 8, 2009 Share Posted January 8, 2009 How the Powerball money is spent depends upon which state you are in. The participating states get 50 cents of every dollar spent in their state on the tickets, and they each spend it in different ways. What state are you in? If there were to be an internet gambling tax, it would probably have to be a federal tax and thus would only indirectly benefit the states. Unless a state sets up a poker site that only works intra-state, which california has considered I believe. Link to post Share on other sites
XXEddie 0 Posted January 8, 2009 Share Posted January 8, 2009 wordLess posting.More 31-tabling DoNs, imo. Link to post Share on other sites
Oziumrules 0 Posted January 8, 2009 Share Posted January 8, 2009 We finally got Powerball here in Florida.Odds Winning Powerball 1:195,000,000Odds Winning WPT Championship 1:1,087 Link to post Share on other sites
mtdesmoines 3 Posted January 8, 2009 Share Posted January 8, 2009 We finally got Powerball here in Florida.Odds Winning Powerball 1:195,000,000Odds Winning WPT Championship 1:1,087Florida stole Powerball from us, BTW. I was in the Powerball studio in December. Maybe I should put that in the "things 99% of other FCPers haven't done" thread. Link to post Share on other sites
nutzbuster 7 Posted January 8, 2009 Share Posted January 8, 2009 withdraw entire poker rolluse all the money to buy Powerball ticketslight prayer candlesdrink heavily Link to post Share on other sites
Jeepster80125 0 Posted January 9, 2009 Share Posted January 9, 2009 Proceeds in Colorado go to parks and open space. Link to post Share on other sites
mtdesmoines 3 Posted January 9, 2009 Share Posted January 9, 2009 Proceeds in Colorado go to more Colorado.FYP. .... no, I'm not sure what it means, either. Link to post Share on other sites
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