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Georgia Lottery president/CEO announces retirementNews Story
Georgia Lottery Corp. President and CEO Margaret R. DeFrancisco announced publicly today that she will be retiring from her full-time position as head of the Lottery. The Georgia Lottery's board of directors will conduct a search for DeFrancisco's replacement. She plans to stay through the transition, and a departure date is not imminent or immediate. The Georgia Lottery has seen strong growth and funded the educations of hundreds of thousands of Georgians during Margaret DeFrancisco's te
Aug 15, 2012, 5:07 pm - Lottery News

Georgia Lottery approves online ticket salesNews Story
Georgia Lottery officials approved for the first time Thursday an online ticket system, with sales to the public set to begin as soon as November. The move is expected to increase the Georgia Lottery's revenue by millions of dollars a year thus helping the state's lottery-funded HOPE Scholarships and pre-kindergarten programs and positions Georgia among the first states nationwide to officially expand lottery sales to the Internet. While the lottery's governing board voted unanimously for
Jul 20, 2012, 8:33 am - Lottery News

W.Va. Lottery has $81M surplusNews Story
The West Virginia Lottery ended the just-completed budget year with an $81 million surplus, giving state revenues a surprising boost, but agency officials say the future remains challenging at best in the face of increasing competition from border states. The stronger-than-expected results also remain below the lottery's peak returns during the past decade, suggesting its best years may be behind it because of these market forces. We view this as uncharted territory, said James Toney, the
Jul 16, 2012, 8:20 am - Lottery News

Florida Lottery education spending investigatedNews Story
Lottery money still invested in education, but targeted differently than it used to be Florida Lottery education dollars that used to go mainly to K-12 education are now being spread into several different educational initiatives, raising the ire of local Superintendents, but pleasing those who feel that education spending should be more diverse. Nearby 4 billion dollars was spent on the Florida Lottery last year. It's money lawmakers promised would go to education. But according to infor
Feb 7, 2012, 10:04 am - Lottery News

Four years after drawing fiasco, Tenn. Lottery settles with tech firmsNews Story
The Tennessee Education Lottery Corp. has received nearly $1 million from a pair of technology companies it blamed for software glitches that resulted in the sale of about $2 million worth of unwinnable tickets in 2007. (See Tennessee Lottery computerized drawings flawed since inception, Lottery Post, Aug. 21, 2007.) The computer program that Smartplay International and Gaming Laboratories International came up with for games such as Cash 3 and Cash 4 was flawed and resulted in thousands o
Dec 17, 2011, 9:22 am - Lottery News

Arkansas Supreme Court hears arguments in lottery trademark suitNews Story
An attorney for a Little Rock marketing firm argued Thursday before the Arkansas Supreme Court that his client should be allowed to proceed with a trademark lawsuit against the Arkansas Lottery Commission. The high court heard oral arguments but did not immediately issue a ruling in a lawsuit filed by Alpha Marketing against the Lottery Commission. The company has been seeking a ruling that it has exclusive rights to use of the terms Arkansas lottery, Arkansas Lotto, and Lottery Arkansas, som
Dec 9, 2011, 10:11 am - Lottery News

Arkansas Lottery forecasts $5M drop in scholarship moneyNews Story
Arkansas' lottery is on track to bring in roughly $5 million less for scholarships than last year, the games' interim director said Tuesday, as lawmakers prepare to consider whether to reduce the amounts of the scholarships next year. Interim Lottery Director Julie Baldridge told the lottery's legislative oversight committee that the lottery is on track to raise $89 million for college scholarships for the fiscal year that began July 1. That's a drop from the $94.2 million the games raised in
Dec 7, 2011, 3:02 pm - Lottery News

Tenn. legislators float idea that lower prizes will bring in more moneyNews Story
Task force says 'bad idea' Some Tennessee legislators are eying a reduction in prize payouts for Tennessee lottery players while letting them buy tickets with debit or credit cards. The proposals are among ideas that are being floated as a way to generate more money that can be used for college scholarships. Both were criticized at a meeting last week of the Senate Lottery Stabilization Task Force with a lottery official suggesting that a cut in prizes could be a bad business decision a
Oct 31, 2011, 7:38 pm - Lottery News

Kentucky Lottery installing self-service machinesNews Story
State prepares for upcoming Powerball changes A one-dollar Powerball ticket will soon be a thing of the past. Changes are coming to the Kentucky Lottery. After the first of the year a Powerball ticket will cost $2 instead of $1. There are some changes coming to the Powerball game in January, says lottery spokesman Chip Polston, where Powerball is going to become a $2 game that we really hope is going to spur those larger jackpots that players really like to play. That is just one of th
Oct 21, 2011, 8:32 am - Lottery News

Tennessee Lottery raking in record profitsNews Story
As annual sales approach $1.2 billion, players probably will see even more games Despite the recession, one Tennessee financial institution is having a banner year. The Tennessee Education Lottery is raking in record profits selling nearly $1.2 billion in scratch-off tickets, nightly drawings, and multi-state mega-jackpot games in its latest fiscal year. While 17 other states' lotteries also hit all-time highs, the 7-year-old Tennessee lottery is growing faster than most, outpacing nati
Oct 9, 2011, 2:58 pm - Lottery News