FACeTS of Madeira

News and Views related to the work of Ed and Abbie Potter, Baptist missionaries on the island of Madeira, Portugal since 1976.


 


Funchal Baptist Church
Rua Silvestre Quintino de Freitas, 126
9050-097 FUNCHAL
Portugal
Tel: 291 234 484

Sunday Services
English 11:00 a.m.
Russian 4:00 p.m.
Portuguese 6:00 p.m.
Ask the Tourist Office or Hotel Reception for map or directions.

Saturday, August 27, 2005

19 million euros: "Fado" (continued)

Today's DN of Funchal includes a 4-line news item regarding this week's EuroMillion lottery. This week's calculations: 19.5 million euros were wagered in Portugal on this week's lottery; the highest winning in Portugal was one third-place ticket paying 92,563.82 euros. Let's be generous and say that there were others who won lower-paying prizes (I honestly don't know how many levels of prizes there are), and that 100,000 euros came back "home". Final score: Portugal loses this round to the EuroMillion Lottery by 19.4 million euros...IN ONE WEEK!

As the late Illinois senator Everett Dirksen once said: "A billion here, a billion there, and pretty soon you're talking about real money." Can anyone (including a country, especially a small, "poor" country like Portugal) continue to throw away 20 million euros every week without getting into "real money"?

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