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Fishfly
Hi I've just been following the lotto this past week regarding the 20 million lotto jackpot, now from the winnings and payouts any tom, dick, or harry should be able to figure this out:

Last Night's Lotto:

QUOTE
Total Prize Pool for this draw:  R 37,388,267.00
Total Sales:  R 38,640,595.00

8 June Lotto Draw

QUOTE
Total Prize Pool for this draw:  R 40,159,994.00
Total Sales:  R 55,121,400.00
Next estimated jackpot:  R 23,000,000.00

4 June's Lotto Draw

QUOTE
Total Prize Pool for this draw:  R 13,426,249.00
Total Sales:  R 24,187,266.50
Next estimated jackpot:  R 0.00
Next guaranteed jackpot:  R 20,000,000.00

1 June's Lotto Draw

QUOTE
Total Prize Pool for this draw:  R 13,679,709.30
Total Sales:  R 30,399,354.00

28 May's Lotto Draw

From 2 weeks these ppl make R43,694,396.20 now I really how much they use this to help the p00r?
Jumba
20% goes to Uthingo, who manage the Lotto game. The rest, after payouts, goes to charities.

I used to work on the account.
RustPuppet
The Lotto is such a crock of shit, they keep tons of cash for themselves and give sparingly to charities; not only that, they refuse to give any money to the SPCA (which is currently in the process of closing down several of it's branches due to lack of funding), and yet they pump shitloads of cash into sport and other 'entertainment.' I refuse to give a single fucking cent to these people, it's nothing but a giant money-making scheme dry.gif
Fishfly
hmmm 20% of that 43 million is about R5,443,275.44 REMEMBER Guys this is excluding the Lotto Plus...

So in two weeks the lotto guys make 5 million?? WTF?
aquadog
http://www.2600.co.za/lotto/

Quite an interesting read... note the figures on that website were last updated almost 3 years ago.

and the chocolate cake: http://www.2600.co.za/lotto/Uthingo_co_za_...n_stalking.html
Jumba
Yup...

QUOTE
50% - prizes.  4 226 488 945
30% - good causes.  2 463 958 867
12% - acquisition of goods and services  985 583 546
5% - retailers fees  410 659 811
2% - overheads  164 263 924
1% - allocated to shareholders of Uthingo  82 131 962



That means 50% to payouts, 30% to good causes and 20% to Uthingo.
kaizoku
QUOTE
The Lotto is such a crock of shit, they keep tons of cash for themselves and give sparingly to charities; not only that, they refuse to give any money to the SPCA (which is currently in the process of closing down several of it's branches due to lack of funding), and yet they pump shitloads of cash into sport and other 'entertainment.' I refuse to give a single fucking cent to these people, it's nothing but a giant money-making scheme


Yeah... a bunch of sports were supposed to get a load of money, but the majority of them that are still waiting for it... and surely there are more pressing concerns than the country's sport to consider...

The lotto is only a crock if there's corruption in the ranks... well, you couldn't ask for a more corrupt country than ours... especially considering our vice-president is a fuckin thief...
Fishfly
QUOTE
The lotto is only a crock if there's corruption in the ranks... well, you couldn't ask for a more corrupt country than ours... especially considering our vice-president is a fuckin thief...
you think????? not only him the entire Parliment is dodge!
aquadog
QUOTE(Jumba @ Jun 10 2005, 03:27 PM)
That means 50% to payouts, 30% to good causes and 20% to Uthingo.
*



QUOTE(from the site)
So according to this, Uthingo should have paid over 2 Billion Rand into the National Lottery Distribution Trust Fund.

According to the National Lottery Board, only 221 Million Rand has been given to needy organisations.
That's a small fraction of the amount that's supposed to be available.



So they keep the other money in the bank and leech tons of interest off of it instead of distributing it?
Simon
I'm also fuckin' keen to know where the money that hasn't been distributed yet goes.

As per usual, nothing will be done about it. We will just sit here and watch the poor get screwed over while the fucking thieves just whistle a happy tune and get on with life.
Re@PeR
In my opinion the numbers might also be cheated since they always show the ballset and machine, but they never show the inbetween. The balls can just as well been made heavier by injecting gell so that the chances of them falling through is better.

Let's all boycot the Lotto and let everyone we know do the same and their friends and family. This way the Lotto will feel it. It is usually the poor who buy most tickets and become even poorer!
Chris_Rooney
The Lotto's only purpose is too take more from the poor and make the rich, richer ( like the government). Of course as the government gets funds, no-one will do a f**k about it.

Regarding distribution of funds, the SPCA gets sh1t all because ( I think) blacks are not familiar with animals and abuse them alot - just look at all the township animals that come into the SPCA. Also SANCOB (Penguins) don't get ANY funding.

This is an outright SCAM.
capn
QUOTE(Re( at )PeR @ Jun 10 2005, 07:13 PM)
Let's all boycot the Lotto and let everyone we know do the same and their friends and family. This way the Lotto will feel it. It is usually the poor who buy most tickets and become even poorer!

You should be boycotting it already biggrin.gif
The odds of winning are abysmal, approximately 1 in 14 million.

QUOTE(Chris_Rooney @ Jun 10 2005, 08:55 PM)
Regarding distribution of funds, the SPCA gets sh1t all because ( I think) blacks are not familiar with animals and abuse them alot - just look at all the township animals that come into the SPCA. Also SANCOB (Penguins) don't get ANY funding.

Please keep your race based analyses to yourself. They are not relevant or well founded.
BlackRazor
I only got 3 numbers right...once. So I said screw it and rather went with smoking cigs seeing the chance of winning something (lung cancer,bad breath,yellow teeth,black fingers..) was higher.

The only thing I dont like about lotto is the fact that I didnt bring it to S.A. ...phh there goes the easy life.
Jumba
I got 4 numbers once... only paid out R250. sad.gif
blood105
i think the lotto could be doing a world of good if they distributed the money properly
but as with everything else, everyone suffers because of greed.
Re@PeR
QUOTE(capn @ Jun 11 2005, 09:24 AM)
QUOTE(Re( at )PeR @ Jun 10 2005, 07:13 PM)
Let's all boycot the Lotto and let everyone we know do the same and their friends and family. This way the Lotto will feel it. It is usually the poor who buy most tickets and become even poorer!

You should be boycotting it already biggrin.gif
The odds of winning are abysmal, approximately 1 in 14 million.


I haven't bought a single ticket in my lifetime and I will never! Lotto is like tax for uneducated people! biggrin.gif

The number of combinations is 49X48x47x46x45x44=10 068 347 520;
To buy all the possible numbers, it'll cost you R25 170 868 800, not a viable option!

Chances expressed in persentage of winning the Lotto is 0.000000009%
Your chances of getting struct by lightning is way better than winning the Lotto.

So tell everyone not to play Lotto!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! banned.gif
Fishfly
QUOTE
So they keep the other money in the bank and leech tons of interest off of it instead of distributing it?

urm bank? do they even know what that means? I think they bank on 11million bonous like the CEO of teleskum... and then comes the shiny brand spanking new Merc's and BMW's oh lets not forget the nice 12million penthouse apartments in Nelson Mandela sqare eek.gif
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