http://www.lotterypost.com/news/180603 Lottery Post News Story: Senate panels look into privatizing Texas Lottery en-us Lottery Post RSS Generator http://www.lotterypost.com/news/180603/1111324 http://www.lotterypost.com/news/180603/1111324 Tue, 02 Sep 2008 20:15:40 GMT Drivedabizness
Are you sure about the payout number? Its been a while since I was really engaged with TX so I'm perfectly willing to take your word for the details.

When online sales were stronger, they could run (at least some of) their instants at 70+% (but I think only the higher priced tickets had that level of payout). They tried to get their instants to average in the 60's to keep the oeverall payout at 57%. The TX Legislature made/makes them pay $1 million in fines against their a... [ More ]]]> Drivedabizness http://www.lotterypost.com/reply-topic.aspx?td=1111324 http://www.lotterypost.com/news/180603/1110302 http://www.lotterypost.com/news/180603/1110302 Mon, 01 Sep 2008 06:08:22 GMT guesser
'It's the economy, stupid'.

Personally, I think they (Powerball) need MORE winners in the 40-75 million dollar range, and NOT push the odds up so nobody wins except once every 3-4 months - when it gets to 275 million-plus.

We don't need a 400+ million dollar winner, we need lots of 50 million dollar winners.]]> guesser http://www.lotterypost.com/reply-topic.aspx?td=1110302 http://www.lotterypost.com/news/180603/1109462 http://www.lotterypost.com/news/180603/1109462 Sat, 30 Aug 2008 15:09:38 GMT bobby623
Their plan is to make the games harder to win and lower prizes, just like the casinos do.

Texas once had a scratch ticket payout in the 70+ percent range. It's now down to the low 60s. They have forgotten that when the prize percentage was reduce several years, ticket sales went into the toilet. It's happening again. True, the poor will continue to spend... [ More ]]]> bobby623 http://www.lotterypost.com/reply-topic.aspx?td=1109462 http://www.lotterypost.com/news/180603 http://www.lotterypost.com/news/180603 Sat, 30 Aug 2008 04:41:41 GMT Todd
Senators indicated they are willing to look at a variety of options to get the revenue flow back on an upward track after recent declines - including a drop to about $975 million this fiscal year after several straight years of totals over $1 billion - a... [ More ]]]> * Original News Story http://www.lotterypost.com/reply-topic.aspx?td=1109344