Thursday, February 21, 2019

Lottery Already Plays Some Suckers

Cities that were counting on getting some sales tax revenue from lottery ticket sales are going to be disappointed.  WJTV reported today:




Jackson was counting on getting at least $4 million in sales tax revenue from the lottery. Mayor Chokwe Antar Lumumba said  in a press release issued last September:

Tuesday, Mayor Lumumba addressed the impact that the state legislature’s special session, held August 23rd – 27th, would have on the City of Jackson during his regular press briefing.

Mayor Lumumba told reporters, “There are some victories that took place during this legislative session that our citizens should be aware of. The first would be in the Mississippi Infrastructure Modernization Act which was the bill that passed concerning the internet sales tax. The City of Jackson will be receiving $4.3 million dollars which will be equally distributed over a four year period of time.”

The City of Jackson will also receive $4 million dollars per year due to the passing of the Mississippi Lottery Act. That funding would be in addition to any tax revenue received by the sale of lottery tickets.

According to Mayor Lumumba, any lottery ticket that is sold in Jackson is eligible for the one-percent sales tax to kick in, providing an untold increase in the city’s one-percent sales tax revenue.
Ouch.

20 comments:

Anonymous said...

The Jackson Chant
More Money, More Money!

Cynical Sam said...

Darn, there goes the pothole money.

Anonymous said...

One would think that Baby Chok checked out the revenue impact on similar cities. It is too much too hope for that Baby Chok thinks.

Hermit King said...

It has been said before. Jackson could apply a tax to gaudy wheels and fashion, hair extensions, liquor, and blunt wraps.

The majority of those who dwell within the City of Jackson spend an enormous amount of their income on posturing as wealthy and clouding their mind with intoxicants.

This taxation method also benefits the elderly and those REALLY in need who likely don't waste money getting high or looking "fresh" so they will not be punished by taxing those frivolities.

Anonymous said...

@10:38

Jackson just needs to close a bunch of streets. They've got about 50% more than they need now. AND I'm not trying to be funny.

Anonymous said...

Same result with or without the tax revenue, nothing gets done.

Anonymous said...

That’s a lot of money for consulting firms.

Anonymous said...

The mayor and his minions are mostly political children. Grown-ups know:
Don't Count your chickens until they're hatched.
A bird in the hand is worth ten in the bush.
Don't write a check your ass can't cash.
A sucker is born every day.

They'll learn. When Jackson is bankrupt they'll be real smart.

Big-D said...

His highness kang Chukie and the other hoggs in Jackson gone get mad an turnover the trough if they don't git they money....

Louis LeFleur said...

I've never bought a lottery ticket in my life and never plan to so I'll have to ask:Does any state with both a sales tax and a lottery actually tax lottery ticket sales? I know both Louisiana and Tennessee have both so surely someone here has experience with that. If they don't, and I'm assuming they don't for now, why would Mississippi municipalities think they did. I mean other than the obvious desperation and ignorance...

Anonymous said...

Bankruptcy is Jackson's only hope for a turnaround.

Anonymous said...

FACT: If the State and the County keep increasing weights allowed on large trucks and if these trucks are not kept off of ANY city's streets, particularly Jackson's with the Yazoo Clay, these trucks will tear up any roads a town can pay for.

There should be an impact fee for using concrete, huge delivery trucks (18-wheelers) Large Dump Trucks, etc. Just look at the Northside/Old Canton Road Intersection since the Maywood Mart improvements (?) plus all the sewer line work. The Intersection is almost impassable.

The only exception should be moving vans and they should have a permit to come into the city. Concrete trucks on city streets should likewise have a permit. Dirt trucks also. Then, tackle the problem of restaurants, small stores, etc. having huge trucks bringing small deliveries. Some kind of compromise should be made.

We have to have fire trucks and garbage trucks. The rest should be controlled.

Anonymous said...

The retail stores' parking lots in Madison are absolutely overflowing every weekend with Hinds county cars. Jackson's crime problem has killed it's sales tax base and it's not coming back. Bankruptcy and a state takeover are inevitable.

Anonymous said...

I've never paid a tax on a lottery ticket. If a ticket is $2, I pay $2. If sales tax is taken out it is after the fact.

Anonymous said...

There's a whole bunch of legislators who were hoodwinked into supporting the lottery under the assumption cities would be getting something out of it. Not just the Jackson delegation, but for sure including the Jackson delegation.

Anonymous said...

Fiscal year-to-date sales taxes coming in for Jackson - $17 million. That's about equal to what it received in 2010.

Fiscal year-to-date sales taxes for Ridgeland and Madison combined - about $13 million. Ridgeland is flat compared to 2010, just like Jackson. Madison the City of course is up.

Despite enormous white flight, Jackson's tax base if far from drying up.

https://www.dor.ms.gov/Statistics/Sales%20Tax%20Collections%20Docs/stats_div0119.pdf

Anonymous said...

9:05....counties don't pass these bills, the state legislature does. In 2018, half the legislators who voted to increase weight limits for haulers were convinced that the bill didn't increase weight limits on haulers. You believe what you want to believe I suppose. But they've raised the limits 4 or 5 times over the last decade or so.

Anonymous said...

Remember last year the power Ball hit 1.5 Billion? Well the winning ticket was sold at an out of the way c-store in Simpsonville, SC. The state wet its pants with joy, that would put over 60 Million in the states coffers not to mention the 50K to the store.

Well, here we are about 45 days away from the deadline and no one has claimed the money. The state has more water it's still crying but from sadness. The radio and nightly news are begging people to find the person who won but alas to no avail.

Anonymous said...

Something does not add up here. If the mayor expected $4M in lottery sales tax, and the tax is 1%, that's $400M in ticket sales. With a population of 166,965 each resident would have to buy $2396 in tickets per year.

Anonymous said...

How can one explain that sales tax for Jackson was 17 mil while for Ridgeland and Madison combined, it was 13? That makes no sense. Are people in Jackson paying sales tax on weed, crack and poontang?

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