Thread: lottery
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Old 29-12-2010, 08:41   #26
Ken Moss
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Re: lottery

Quote:
Originally Posted by MargaretR View Post
I don't like the idea.
The people on low incomes are the ones who can least afford to fritter a few pounds a week on the lottery. It encourages gambling and false hopes - the odds against winning are phenomenal.

Better that they be encouraged to save those few pounds and then buy premium bonds
.....where their money does not disappear into some funding for some project they are never likely to benefit from.
I'm fully with you there, Margaret.

We've started investing in Premium Bonds and have already won two £50 prizes in 18 months, a damn sight more than we would have won on the Lottery plus we still have our original stake too.

On top of the prizes we have also managed to pay for most of the renovations to our house with money we didn't miss each month.
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