Social Security Saved

i like it. ROPE! of course you will have some who protest the evils of gabling. but aren't most of us gambling on social security already?

Social Security was not suppose to be touched by our government too. But they more than touched it as they used it for what ever purposes they wanted to. Don't expect government not to touch money that isn't theirs to touch, as they will.

Sounds like a good idea. But it would take a constitutional amendment and an 800lb gorilla to keep the governments hand out of the cookie jar.

Glad someone is thinking about it. We could test fire it (keeping the current system in place) for, say, three years and see how it works. It might be a good supplement to the program.

Trouble with the lottery is that it is fed mostly by those earning the least. I dislike them paying for a fix in the system that was broken by those on the other end of the scale.

It and Medicare are closer to the grave than most want to admit. The Congress that fixes SS and Medicare will be the Congress in the minority in the next election. Same with the president that signs it. That is one reason it is hard to fix.

Most young people think they will never see it so a change to them would be a good thing.

AUTHORONDO Don't get me wrong here, I like your idea. But the numbers don't jive and I'll explain. The biggest problem is bloated administrative cost that will suck 50% or more right off the top. I see it here in Mass. Money is suppose to go back to the towns which see a minor % of the gross, maybe 5% at best. The gov't can just take over Powerball, no start up cost and most states already participate anyway. I think the 50 + 1 winners is good though.

BTW I won over $20,000 last year on the lottery, spent $900= $11,000 in pocket.

SS is a Ponzi scheme. New money going to pay old investers. We'll we ever get everyhting out that we paid in? We the people should have our money invested in something that pays a dividend and gives us a lump sum or annunity at age 65 or gives it to our survivors upon our death. If I tried to sell an investment like SS they'd put me in jail.

Sounds like a gamble.

Actually I kinda like this idea. Other countries have national lotteries, why not us? Fifty winners, one from each state, is even better -- much better than Powerball.