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iTeach July 2nd, 2013 1:07am

Idea: new federal lottery where the money from ticket sales goes toward the debt and the winners (one per state) receive no cash, but don't have to pay federal income taxes for the year. One grand prize winner never pays taxes again. Weekly drawings.

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chrismisen atlanta
07/01/13 8:06 pm

i liked your last idea, but this one is flawed. the main reason that the vast majority of people buy lottery tickets is the vague hopefulness that winning would allow them to retire early to an easy life. in this case, they just get a couple thousand

chrismisen atlanta
07/01/13 8:07 pm

basically, the reward is lessened so much, and is so unappealing to the people who support the lottery system, that revenue would drop.