Depends where, I guess. There is a lot of great street food where I wouldn’t be surprised by that at all.
“Splurge”
6 Likes
Is/was “Chiefsaholic” a Chief’s forum guy?
There’s so much to hate about this that I’m not really sure where to begin
4 Likes
I would absolutely do this just to make everyone mad.
Probably not as bad as it sounds
His EV on $500 of tickets is probably around $450, right?
I think most scratch games the odds to win any prize is between 3.5 to 4.5:1
California pays out 50% in prize money.
1 Like
Wow! 50% is ridiculous. I never would have imagined it was that low anywhere.
It’s just the first place I looked up. I just looked up:
Nevada pays out 60%
Iowa pays out 63%
Mass pays out 73%
According to NPR the average is about 60%.
According to South Dakota’s lotto page, 95% of the money goes back to SD. They pay out 5%!
1 Like
Damn. I don’t know why I assumed it was more.
Yeah. I don’t know what other states did, but when they rolled out the lotto in CA they made a big point about how much of the money would go to fund schools.
Lol McKinseyaments
The Nevada one is particularly hilarious. I’m pretty sure Nevada has rules on how much casinos need to pay out on slots and other games, and I’m also sure that number is a lot higher than 60%. But that’s apparently fine when the state runs things.
However, gaming regulations require a minimum payback of 87% on any one machine and all machines within a casino must have an average payback of 90% to 95% .
I thought Nevada didn’t allow scratchers.
Not as far as anyone knows.
Stealing from a John Oliver early bit here, but money is fungible, they say that but they take money they would give normally to the school to other things balancing it out
My favorite is Pennsylvania saying they’ll give it to the olds. Not even pretending not to pander to the boomers