Sunday, February 15, 2004

Want to strike it rich in the lottery?

The Georgia Straight has come up with some interesting statistics for us to ponder. While you and I might spend our dollars on scratch and win, 649, Super 7 and BC49 tickets. The real winners, know where the cash is, it's as close as the Human Resources office of BC Lottery Corporation. Never mind filling out a Sports action or 649 form, what you need to do is fill out an application form!

Five executives, were each paid more than 180,000 dollars per year, for their work on behalf of the gambling population of British Columbia. The five pulled in salaries and bonuses ranging from $253,000 to $182,000. The bonus program is part of the pay for performance program at the lottery corporation, available to all employees, though on differing and less rewarding scales.

The BC government is forecasting gambling revenues to rise to over 900 million dollars by 2005, that will be an increase of 300 million dollars, from the 2001 revenues of 606 million. Which should help us remember that age old saying about gambling, "The house always wins".

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