Monday, October 30, 2006

Lottery ads

The heads of the Texas Lottery Commision say they're in favor of using the actual value of the grand prize rather than the total over 25 years in their advertising.

The way things are right now when they advertise that the winner gets a million dollars, the actual amount turns out to be something closer to half that (before taxes).

Congratulations to a couple of honest government hacks. The Houston Chronicle has the story.

3 Comments:

Blogger David said...

Gary, The Chronicle has archived the article that you link to. Here is a link that is active:

http://blogs.chron.com/tubular/archives/2005/10/winning_--_but.html

11:15 AM  
Blogger David said...

Gary, the Chronicle has archived the story you link to. Here is an active link:

http://blogs.chron.com/tubular/archives/2005/10/winning_--_but.html

11:16 AM  
Blogger lilacsky said...

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Abby
blog.pletter@gmail.com
www.pokerletter.org/blog

3:03 PM  

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