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Lottery winner facing tax fraud trial diesNews Story
Editor's Note: A less in-depth news story about this lottery winner was posted earlier today: $13 million Florida Lotto winner dies a pauper Former lottery multi-millionaire Alex Toth, who was broke and facing tax fraud charges, has died at the age of 60. Toth was scheduled to go on trial in June, accused of filing fake tax returns with his wife, Rhoda, who has pleaded guilty and is awaiting sentencing. By the time the couple were charged in 2006, authorities said they appeared to have
Apr 25, 2008, 7:11 pm - Todd - Lottery News

Mega smiles for New York lottery winnerNews Story
William James Albertson held his 5-month-old baby as he checked the numbers on his Mega Millions lottery ticket with those on the computer screen Sunday morning. The first two matched. So did the second pair. Then, as Albertson sat at the computer in his Mahopac home, the unthinkable happened. I kept looking at it and they all matched, so that's when I got a little shaky, the 35-year-old insurance manager recalled. The shakes were gone yesterday, when Albertson was revealed as the
Nov 12, 2007, 11:08 am - Todd - Lottery News

California looks to British lottery modelNews Story
California is seeking to become the first US state to privatize its lottery to raise as much as $37 billion ( 18 billion, 26 billion), with some of the funds used to finance governor Arnold Schwarzeneg ger's sweeping health care reforms. Some of Wall Street's biggest investment banks have made unsolicited approaches to the state to convince it of the merits of privatization. Goldman Sachs, Lehman Bros, JP Morgan, Bear Stearns, Citi, Merrill Lynch, Morgan Stanley and UBS have all made pit
Oct 20, 2007, 8:44 pm - Todd - Lottery News

Nationwide, lotteries pay for far more than educationNews Story
Martha Keller is a 78-year-old resident of Altoona, Pa., who frequently takes the bus from her apartment on Walnut Avenue to her doctor's office or the local senior center. Chandni Amin is a 19-year-old nursing student at Georgia State University in Atlanta. Keller and Amin have little in common save for one thing both are benefiting directly from money raised by state lotteries. Lotteries help pay for everything from education to economic development, buses to baseball stadiums. In Penn
Jan 31, 2007, 12:06 am - Todd - Lottery News

N.C. Lottery commissioner on lottery firm payroll for yearsNews Story
Four years before North Carolina lawmakers created the state lottery, a for-profit lottery company was paying former state lottery commissioner Kevin Geddings to work as a consultant, a company executive said Monday at Geddings' fraud trial. Patrick Traub, an executive at Scientific Games Corp., affirmed government evidence showing that Geddings received $9,668.66 in April 2001 from a company later acquired by Scientific Games. An invoice from Geddings' public relations firm stated the payme
Sep 25, 2006, 1:51 pm - Todd - Lottery News

Lottery winners: beware the phoneNews Story
For lottery winners flush with newfound wealth, the Powerball windfall can be a devil in angel's clothing. It will mean a new sense of financial security for the 100 production and shipping employees at Sargento Foods in Plymouth claiming the $208.6 million Jackpot Saturday. But it can also mean the onset of worries, as the phones begin ringing off the hook from those looking for donations or handouts. Many of these callers will be known by the winners or will be legitimate organizations,
Aug 9, 2006, 12:42 pm - Todd - Lottery News

Big scratch games reinvigorate lottery salesNews Story
High-priced scratch-off tickets have revived lottery sales, restoring growth to a state-run business that had sagged in the face of casino and Internet gambling. The introduction of instant-win tickets that cost $10, $20 and $30 - and offer top prizes of $1 million or more - has set lottery sales on fire in many states. Scratch-off ticket sales soared 59% from 2001 to 2005. That's six times as much as the 10% increase during that time for Powerball, Mega Millions and other traditional lottery
Jun 26, 2006, 7:42 am - Todd - Lottery News

Man reports $7,000 scam by 'lottery winner'News Story
A good Samaritan was taken for a ride he won't soon forget after he reported being scammed $7,000 by a man who said he won the lottery. Here's what happened, according to the victim and a North Miami police report: The victim, a 68-year-old Aventura, Florida, resident, was walking in the parking lot of Home Depot, 12055 Biscayne Blvd., at about 10:30 a.m. on a recent Wednesday when he was approached by a man who said he was an undocumented worker from Honduras and needed help finding a law
May 8, 2006, 11:59 am - Todd - Lottery News

N.C. Senate to work on lottery billNews Story
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

Georgia Lottery Scratch Games' Empty PromisesNews Story
Most players know the odds of getting rich from the Georgia Lottery are slim, but a recent investigation found you have no chance of winning the top cash prize when you play some scratch-off games.One of those games is 5 Karat Gold, a $1 instant game. Records from the Georgia Lottery show the game has no top prizes left because they were all claimed by mid-November.If I already knew that, then there's no way I'd buy this ticket, said player Brian Wright. That would be a false investment. Additio
Feb 15, 2005, 11:31 am - Todd - Lottery News