This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

5 Terrible Ways to Save the Post Office

2. The lottery stamp
Scratch and win, or lift up a flap to peek at the number underneath, and the country wins also. It doesn't matter whose lottery it is -- whether the country opts to allow a sponsored game from a private enterprise, use current state or regional lotteries or even create a national version such as those other countries have, except printed on stamps -- so long as the Postal Service gets a cut of the sales.

This raises the possibility of people sending mail to themselves in quantity for the first time in history -- "myself" being a widely untapped market when surveys ask people to whom they most frequently send mail. But surely most of these lottery stamps will be the favored postage when sending a greeting card to a loved one during a gift-giving time such as the holidays or for a birthday or graduation. (That raises the question of whether it will be "Love, grandma and grandpa," "By opening this card you are legally obligated to share with me half your winnings" or "Good luck! This is the only way you can pay off your college debt!" that is the most common sign-off once this plan goes into effect.)

Obviously, the lottery stamp raises the risk of getting your mail stolen by people who just want the winnings.

But there's a dual solution to that, and the great thing is that part of the solution results in even more revenue for our ailing mailing. First, the numbers on the stamp and the winnings that follow can be valid only if a stamp is marked canceled. Second, to ensure the intended recipient gets your cute card, good wishes and potential millions, you'll have to pony-express up a few more bucks for delivery confirmation and maybe even insurance for your letter or package. How much insurance? I don't know. Since insurance sales will skyrocket as the prize money rises, how much do you think that lottery stamp might be worth?

3 of 6

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 16,960.57 -123.23 -0.72%
S&P 500 1,978.34 -9.64 -0.48%
NASDAQ 4,449.5640 -22.5440 -0.50%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs