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Scholarships hit by S.C. Lottery downturn
As revenue declines, grants could cover less of rising in-state tuition
Declining revenues from the S.C. lottery and increasing demand for the scholarships it provides means students could see their tuition grants drop.
It's already happened in Georgia, where tighter standards for winning lottery-funded scholarships have cost 18,000 students once-free rides.
Some day, we will have to cap the cost, S.C. Senate Finance Chairman Hugh Leatherman said. The general fund cannot afford to ha
Aug 6, 2007, 7:43 am - Todd - Lottery News
N.J. is next state to consider bad election lottery idea
By Charles Paolino
Home News Tribune, New Jersey
Who wants to be a millionaire?
That's the question Assemblyman Patrick Diegnan wants to ask potential voters or, at least, that's one way to express the theme of a bill he's proposing in the state Legislature.
Diegnan, a Democrat representing the 18th District, is one of two legislators suggesting that a lottery be held each year on Dec. 31 for a million-dollar prize to be awarded a registered voter who cast a ballot that year in a pri
Jan 15, 2007, 1:42 pm - Todd - Lottery News
N.J. Lottery throws out GTECH contact
State to rebid lottery deal as lobbyist concerns arise
Seeking to erase concerns the state's long-time lottery vendor might have enjoyed an inside edge in winning its latest contract, New Jersey state treasurer Bradley Abelow announced yesterday the state will rebid the job for the third time in 15 months.
Abelow ended special hearings that have been going on before former state Supreme Court Justice Daniel O'Hern Jr. and said the department will move quickly to solicit new bids.
Du
Oct 21, 2006, 11:53 pm - Todd - Lottery News
N.Y. Comptroller writes scathing letter to lottery board
New York's top fiscal officer is warning a state agency that its delay in approving a VLT casino contract for Aqueduct racetrack is costing the state needed revenues and risking bankruptcy for the New York Racing Association.
State Comptroller Alan Hevesi, in a scathing letter to the state Division of Lottery, strongly suggested that with a battle underway to craft a new Thoroughbred racetrack franchise in New York more is driving the VLT delay than normal bureaucratic reviews.
It is
Sep 18, 2006, 10:45 pm - Todd - Lottery News
Illinois lottery privitization plan panned by tax group
An estimated $10 billion windfall from the sale or lease of the Illinois Lottery for state education funding would be short-lived, maintains a new report by the Center for Tax and Budget Accountability, a Chicago-based fiscal policy think tank.
Introduced by Gov. Rod Blagojevich May 23, the proposal calls for funneling $4 billion in sale proceeds for school construction, text books purchases and new programs, such as full-day kindergarten and a longer school year.
The remaining $6 billio
Jun 22, 2006, 9:06 am - Todd - Lottery News
No broadcast yet for Powerball lottery in western N.C.
Western North Carolina lottery players may have to turn to a South Carolina television station to watch Powerball drawings.
State lottery administrators said this week they're having difficulty finding a television station in the western region to broadcast the drawings. Drawings are at 10:59 p.m. Wednesday and Saturday.
Advertisement
Stations in Charlotte, Greenville and Raleigh are airing the drawings. The lottery doesn't pay for the airtime, but instead offers to advertise the station
Jun 9, 2006, 8:27 am - Todd - Lottery News
Illinois Gov. wants to privatize state lottery
Controversial plan is designed to capture funds for education up-front, but is it worth the gamble?
Democratic Illinois Governor Rod Blagojevich today will unveil an election-year school funding plan that calls for leasing the state lottery for the next decade to a private firm in return for $10 billion in upfront cash.
Schools would get at least $1 billion a year for the next four years from such a deal, with the remaining $6 billion going into an education trust fund governed by a board
May 23, 2006, 2:38 pm - Todd - Lottery News
N.C. Senate to work on lottery bill
A select committee of the North Carolina Senate will consider the lottery bill approved on Wednesday by the N.C. House.N.C. Senate President Pro Tem Marc Basnight, D-Dare, said he expects a lottery bill to pass. The Senate has approved lottery legislation in past years only to watch the bills die in a closely-divided House.A lottery may shift spending priorities next fiscal year, and lawmakers will only have a few weeks to consider the ramifications of a state numbers game before making any deci
Apr 11, 2005, 9:19 am - Todd - Lottery News
It turns out money can kind of buy happiness after all
Does winning the lottery even make you happier? For a long time, researchers said no. Research hadn't found any conclusive evidence that people who won large sums of money were happier afterward. There was even some evidence they were worse off.
This fact became widely known, partially because it's so appealing to many people. It's nice to think that life satisfaction isn't just about how much money you have, that other things matter more, that we can't solve all our problems with a sudden in
Sep 30, 2019, 8:12 am - Todd - Lottery News
Pa. Lottery's new keno game gets a lot of play
The Pennsylvania Lottery's new keno game tickets have been selling like gangbusters since debuting at the beginning of the month, lottery spokesman Gary Miller said.
Since May 1, the lottery took in $2.7 million in keno sales and players have already won more than $1.8 million in prizes, Miller said.
About 9,400 retailers statewide sell keno tickets. About 900 bars and restaurants have big screen monitors to play the keno game and that number continues to grow every day, he said. The gamin
May 26, 2018, 6:44 am - Todd - Lottery News