New Stadium

[SF_Rabbit_Fan]

Re: New Stadium

Thats not a bad thought, however it would require a change in state law and every good cause in South Dakota would want to do the same thing which would then cut down the amount of money going toward property tax reduction:

"42-7A-24. Net proceeds transferred to state property tax reduction fund--"Net proceeds" defined. Net proceeds from the sale of instant lottery tickets shall be transferred to the state general fund on an annual basis after July first each year. The commission shall maximize the net proceeds to the state from the sale of instant and on-line lottery tickets. In no event may yearly lottery expenses for the sale of lottery tickets, excluding expenditures from retained earnings, exceed the amount of combined net proceeds transferred to the state general fund, the state corrections facility construction fund, and the state capital construction fund. Net machine income from video lottery games shall be directly deposited in the state property tax reduction fund upon receipt. Net proceeds are funds in the lottery operating fund which are not needed for the payment of prizes, lottery expenses, and total retained earnings up to one and one-half million dollars cash deemed necessary by the executive director and commission for replacement, maintenance, and upgrade of business systems, product development, legal and operating contingencies of the lottery.

Beginning in fiscal year 1997 and each year thereafter, the commission shall transfer the first one million four hundred thousand dollars from the net proceeds from the sale of on-line video lottery tickets collected pursuant to § 42-7A-24 to the general fund. The commission shall then transfer an amount equal to the remaining net proceeds from the sale of on-line lottery tickets collected pursuant to § 42-7A-24 to the state capital construction fund created in § 5-27-1."

Excellent points. The law always seems to get in the way of my good ideas...

Just for reference, here is a list of the current scratch games http://lottery.sd.gov/games/scratch/

That's a lot of games with little to no incentive to buy other than winning. If I could buy a chance to win, plus know I'm supporting a cause, that is a win/win in my book and should result in higher sales across the board. Whether those higher sales would off set a lower percentage of the take for the state is another matter.

Would it be possible to write the law in a way that somehow limits participation? Of course, it would be interesting to see what organizations would actually want to attach their name to something as controversial as lotto - my guess, very few.

[goon]

Re: New Stadium

I don't dispute anything said in your post, in fact you did a better job of debunking this idea than I did. My thoughts on the lottery are that they have not worked as orginally thought. My property taxes went down a few bucks this year, but I am willing to bet the lottery did not make that happen.

you may be right it wasnt working because i am pretty sure mine had gone up a little bit.

[Nidaros]

Re: New Stadium

Thats not a bad thought, however it would require a change in state law and every good cause in South Dakota would want to do the same thing which would then cut down the amount of money going toward property tax reduction:

"42-7A-24. Net proceeds transferred to state property tax reduction fund--"Net proceeds" defined. Net proceeds from the sale of instant lottery tickets shall be transferred to the state general fund on an annual basis after July first each year. The commission shall maximize the net proceeds to the state from the sale of instant and on-line lottery tickets. In no event may yearly lottery expenses for the sale of lottery tickets, excluding expenditures from retained earnings, exceed the amount of combined net proceeds transferred to the state general fund, the state corrections facility construction fund, and the state capital construction fund. Net machine income from video lottery games shall be directly deposited in the state property tax reduction fund upon receipt. Net proceeds are funds in the lottery operating fund which are not needed for the payment of prizes, lottery expenses, and total retained earnings up to one and one-half million dollars cash deemed necessary by the executive director and commission for replacement, maintenance, and upgrade of business systems, product development, legal and operating contingencies of the lottery.

Beginning in fiscal year 1997 and each year thereafter, the commission shall transfer the first one million four hundred thousand dollars from the net proceeds from the sale of on-line video lottery tickets collected pursuant to § 42-7A-24 to the general fund. The commission shall then transfer an amount equal to the remaining net proceeds from the sale of on-line lottery tickets collected pursuant to § 42-7A-24 to the state capital construction fund created in § 5-27-1."

I don't dispute anything said in your post, in fact you did a better job of debunking this idea than I did. My thoughts on the lottery are that they have not worked as orginally thought. My property taxes went down a few bucks this year, but I am willing to bet the lottery did not make that happen.

[Theee Catrabbit]

Re: New Stadium

O the memories of being 18 and legal at the Lucky Lady for dollar pitchers BEFORE the Hobo Day parade/game.
Most of the time we even had someone legal (sober) enough to drive us to the game.

If you want it! Well we got it! At the Lucky Laaaaaaaadyyyy!

[HoboD]

Re: New Stadium

Speaking on the SD Lottery, what are the chances they would develop a Jackrabbit scratch off ticket with some proceeds going to the new stadium? I'm sure none, but another of those win/win scenarios where each side would think they are overly important to do something mutually beneficial.

Thats not a bad thought, however it would require a change in state law and every good cause in South Dakota would want to do the same thing which would then cut down the amount of money going toward property tax reduction:

"42-7A-24. Net proceeds transferred to state property tax reduction fund--"Net proceeds" defined. Net proceeds from the sale of instant lottery tickets shall be transferred to the state general fund on an annual basis after July first each year. The commission shall maximize the net proceeds to the state from the sale of instant and on-line lottery tickets. In no event may yearly lottery expenses for the sale of lottery tickets, excluding expenditures from retained earnings, exceed the amount of combined net proceeds transferred to the state general fund, the state corrections facility construction fund, and the state capital construction fund. Net machine income from video lottery games shall be directly deposited in the state property tax reduction fund upon receipt. Net proceeds are funds in the lottery operating fund which are not needed for the payment of prizes, lottery expenses, and total retained earnings up to one and one-half million dollars cash deemed necessary by the executive director and commission for replacement, maintenance, and upgrade of business systems, product development, legal and operating contingencies of the lottery.

Beginning in fiscal year 1997 and each year thereafter, the commission shall transfer the first one million four hundred thousand dollars from the net proceeds from the sale of on-line video lottery tickets collected pursuant to § 42-7A-24 to the general fund. The commission shall then transfer an amount equal to the remaining net proceeds from the sale of on-line lottery tickets collected pursuant to § 42-7A-24 to the state capital construction fund created in § 5-27-1."

[HoboD]

Re: New Stadium

Speaking on the SD Lottery, what are the chances they would develop a Jackrabbit scratch off ticket with some proceeds going to the new stadium? I'm sure none, but another of those win/win scenarios where each side would think they are overly important to do something mutually beneficial.

Thats not a bad thought, however it would require a change in state law and every good cause in South Dakota would want to do the same thing which would then cut down the amount of money going toward property tax reduction:

"42-7A-24. Net proceeds transferred to state property tax reduction fund--"Net proceeds" defined. Net proceeds from the sale of instant lottery tickets shall be transferred to the state general fund on an annual basis after July first each year. The commission shall maximize the net proceeds to the state from the sale of instant and on-line lottery tickets. In no event may yearly lottery expenses for the sale of lottery tickets, excluding expenditures from retained earnings, exceed the amount of combined net proceeds transferred to the state general fund, the state corrections facility construction fund, and the state capital construction fund. Net machine income from video lottery games shall be directly deposited in the state property tax reduction fund upon receipt. Net proceeds are funds in the lottery operating fund which are not needed for the payment of prizes, lottery expenses, and total retained earnings up to one and one-half million dollars cash deemed necessary by the executive director and commission for replacement, maintenance, and upgrade of business systems, product development, legal and operating contingencies of the lottery.

Beginning in fiscal year 1997 and each year thereafter, the commission shall transfer the first one million four hundred thousand dollars from the net proceeds from the sale of on-line video lottery tickets collected pursuant to § 42-7A-24 to the general fund. The commission shall then transfer an amount equal to the remaining net proceeds from the sale of on-line lottery tickets collected pursuant to § 42-7A-24 to the state capital construction fund created in § 5-27-1."

[goon]

Re: New Stadium

The South Dakota Lottery might not like your raffel too much. Just saying. The leading institution in higher education involved in gambling? Some old lady in Pukwana may be offended on moral grounds. Seriously not a bad idea, but you might need volunteers to sell and collect the raffel funds, which would involve accountability etc. Maybe the end result could cost the HPER Money instead of making some. My suggestion is to keep giving to Jackrabbit Club. The more small contributions going towards scholarships, the more money for other purposes is freed up to apply towards building the staduim.

When the marching band went to the rosebowl parade the first time, they raffeled off 2 cars. If I am not mistaken that made huge money for the band. its easier to get people to go in a few bucks at a time then just soliciting money at games. Not really intended to be a major source of income, but maybe enough to help with furishings and such that sometimes get put on hold if money gets tight.

Speaking of Pukwana, on a completly seperate note, there was an article in the magazine Country that talked about an old church and history of it.

[Nidaros]

Re: New Stadium

Speaking on the SD Lottery, what are the chances they would develop a Jackrabbit scratch off ticket with some proceeds going to the new stadium? I'm sure none, but another of those win/win scenarios where each side would think they are overly important to do something mutually beneficial.

Now thats a workable idea. Lingle, the women's bb player has an uncle and a former Jack football player in charge of the SD lottery. Any kind of raffle on this scale requires some expertise and some partnering to make it work. The SD Lottery has that and its a matter of connecting.

[SF_Rabbit_Fan]

Re: New Stadium

The South Dakota Lottery might not like your raffel too much. Just saying. The leading institution in higher education involved in gambling? Some old lady in Pukwana may be offended on moral grounds. Seriously not a bad idea, but you might need volunteers to sell and collect the raffel funds, which would involve accountability etc. Maybe the end result could cost the HPER Money instead of making some. My suggestion is to keep giving to Jackrabbit Club. The more small contributions going towards scholarships, the more money for other purposes is freed up to apply towards building the staduim.

Speaking on the SD Lottery, what are the chances they would develop a Jackrabbit scratch off ticket with some proceeds going to the new stadium? I'm sure none, but another of those win/win scenarios where each side would think they are overly important to do something mutually beneficial.

[Nidaros]

Re: New Stadium

Go for the trifecta and legalize prostitution just for kicks and giggles.

Back on topic. I am hoping every who can give for the stadium can. Be it 5 dollars or 5000.

I don't know about others but for home games till its built as a way to make a few extra bucks besides the standard donations for the stadium to do a 50\50 raffel. 5 bucks maybe and have the money raised goes for the stadium other half to a raffel winner. My guess could make 10s of thousands to 100s of thousdand depending how long fund raising takes and construction costs. Or raffel 20 bucks for chance to win luxury box for a year. My numbers are just examples but what do others think.

The South Dakota Lottery might not like your raffel too much. Just saying. The leading institution in higher education involved in gambling? Some old lady in Pukwana may be offended on moral grounds. Seriously not a bad idea, but you might need volunteers to sell and collect the raffel funds, which would involve accountability etc. Maybe the end result could cost the HPER Money instead of making some. My suggestion is to keep giving to Jackrabbit Club. The more small contributions going towards scholarships, the more money for other purposes is freed up to apply towards building the staduim.

[goon]

Re: New Stadium

While we're at it, let's legalize marijuana, too. Not only would the college kids stay around on the weekends, Brookings becomes a weekend hotspot for about a 1000 mile radius. Enrollment would probably double, too.

Go for the trifecta and legalize prostitution just for kicks and giggles.

Back on topic. I am hoping every who can give for the stadium can. Be it 5 dollars or 5000.

I don't know about others but for home games till its built as a way to make a few extra bucks besides the standard donations for the stadium to do a 50\50 raffel. 5 bucks maybe and have the money raised goes for the stadium other half to a raffel winner. My guess could make 10s of thousands to 100s of thousdand depending how long fund raising takes and construction costs. Or raffel 20 bucks for chance to win luxury box for a year. My numbers are just examples but what do others think.

[filbert]

Re: New Stadium

Um . . . thread topic is "New Stadium" ?????

[SF_Rabbit_Fan]

Re: New Stadium

Lower the drinking age to 18 or 19 and youd probably keep them in Brookings.

While we're at it, let's legalize marijuana, too. Not only would the college kids stay around on the weekends, Brookings becomes a weekend hotspot for about a 1000 mile radius. Enrollment would probably double, too.

[gabe01]

Re: New Stadium

Lower the drinking age to 18 or 19 and youd probably keep them in Brookings.

So the economic development plan for Brookings is to lower the drinking age so they dont leave? Oh brother.

[GopherHole]

Re: New Stadium

And all this will be solved by lowering the drinking age.

O the memories of being 18 and legal at the Lucky Lady for dollar pitchers BEFORE the Hobo Day parade/game.
Most of the time we even had someone legal (sober) enough to drive us to the game.