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Source link: http://archive.mises.org/1431/of-lotteries-won-and-lost/

Of Lotteries Won and Lost

January 21, 2004 by

South Euclid loses out on tax windfall since the city charter wasn’t updated to tax lottery winnings.

“It’s not a good day for the city,” Mayor Georgine Welo said Monday. “We were all excited until we went to go for the money and learned that we are not entitled to it. We are very saddened by the news.”

So instead of feeling happy about the good fortune of one of their fellow citizens, South Euclid city officials are upset. Funny thing is that I now feel doubly happy for the winner, Rebecca Jemison, who gets to keep another $1.4 million. Hoorah!

{ 2 comments }

Sarpy Sam January 21, 2004 at 4:59 pm

I really like the statement in the article:

This Cleveland suburb is suddenly much poorer.

Typical government to count thier chickens before they are hatched. How can they be poorer when they never had the money in the first place.

A January 21, 2004 at 9:02 pm

Best news I’ve heard all day!

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