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Confucius lottery tickets draw ireNews Story
Confucius, the ancient Chinese philosopher who prodded his fellow countrymen to seek their fortunes in a decent manner, would now find his portraits and sermons printed on lottery tickets, the only form of gambling allowed by the Chinese government. Late last month, lottery stands in east China's Shandong province began selling Confucius-themed tickets that carry a top prize of 300,000 yuan ($44,000). But the tickets have drawn ire from netizens and columnists who claim that putting Confuc
Feb 3, 2010, 8:57 am - Lottery News

China gets lottery fever after massive jackpotNews Story
Water-cooler talk across China has been awash with theories on how to spend a fortune after someone from Henan province won nearly 360 million yuan (US$52.7 million) on Thursday. The prize is the country's biggest jackpot to date. Despite the fact that the lucky winner has not yet stepped forward to claim the prize, many have an opinion on how much happiness it might buy. It's incredible. That was the verdict of 75 percent of the 140,000 people taking part in an online survey yesterday
Oct 13, 2009, 10:18 am - Lottery News

Record China Lottery winner collects prize in disguiseNews Story
The Chinese lottery player who won the highest sports lottery, 82.34 million yuan (US $11.76 million), in China's lottery history collected his prize on Sunday under police guard. On Sunday morning, the lottery winner, who calls himself Lao Yang, arrived alone at the lottery center in Chongqing, the country's largest municipality, disguised in a mask, wig, hat and sunglasses. The lottery center took additional measures to ensure his security. Staff members opened a secret passage for him a
May 6, 2008, 9:32 am - Lottery News

Student wins lottery, leaves schoolNews Story
A college student withdrew from school after winning the 5 million yuan ($683,000) jackpot in a lottery in China's eastern city of Nanjing, local media reported on Thursday. The second-year student at the Jiangsu Maritime Institute, identified by the nickname Yong to protect his identity, was the sole first-prize winner in the Double Color Ball issued by the China Welfare Lottery on Tuesday, the Beijing News said. After winning the lottery, Yong told his roommates that he would share 2
Dec 30, 2007, 11:23 am - Lottery News

GTECH takes half ownership of Chinese lottery firmNews Story
Providence, R.I.-based lottery technology company GTECH Global Services Corp., a wholly-owned subsidiary of Italy's Lottomatica S.p.A., has spent $20 million to acquire 50 percent of Tabcorp International Hong Kong Ltd. (TIHK), a Chinese lottery provider. That 50-percent portion of Tabcorp is being spun into a separate entity and renamed CLS-GTECH Co. Ltd. The new entity is being formed to expand a nationwide KENO system for lotteries throughout China, according to company officials. Tab
Dec 21, 2007, 1:56 pm - Lottery News

Chinese Man Hacks Lottery System, Gets Life in PrisonNews Story
Note to self: Next visit to China, don't try rigging the lottery. A Chinese lottery ticket seller has been jailed for life for fraud for taking advantage of a system flaw to cash 28 million yuan ($3.76 million) in tickets illegally, state media said Tuesday. Zhao Liqun discovered the flaw in the Welfare Lottery 3D system in 2005 that let a person buy tickets with the right numbers within five minutes of their being announced, sources at the Intermediate People's Court in Anshan, northea
Nov 8, 2007, 2:36 pm - Lottery News

Lure of riches fuels lottery craze in ChinaNews Story
Jackpot chasers steal millions in cash, only to spend them on tickets Two employees at a Chinese bank dream of getting rich quick. The only two with the keys to the vault, they steal a few thousand dollars to see whether anyone notices. No one does. So they take more. In the course of a month, they walk away with $6.6 million. Instead of running away with their mountains of cash, the two do something seemingly illogical. They buy lottery tickets. Since police arrested the pair this s
Aug 20, 2007, 6:22 am - Lottery News

High rate of Tenn. Lottery scholarships are lost by bad gradesNews Story
There is a high probability that Tennessee college students with lottery funded scholarships will lose them. A state report found 64% of students who got the scholarships two years ago failed to qualify to keep them. In translation, roughly almost two out of every three students' did not make the grade. Of the money raised by the Tennessee Lottery, 30% goes to college scholarships. Figures, just now coming in for students who received the first bunch of scholarships in 2004, are not
Jan 19, 2007, 3:12 pm - Lottery News

$18 million Texas Lotto jackpot hit by one ticketNews Story
Somebody who bought a Texas Lotto ticket in an Angleton convenience store is worth $18 million, but neither the couple who sold the winning ticket nor the state lottery commission knows who it is. The winner has 180 days after Saturday's drawing to come forward to claim the jackpot, said lottery spokesman Robert Elrod. It's not uncommon for a winner to take several weeks to come to Austin to claim the prize, he said. We would like to know who it is, said Shuju Feng, who operates the Hand
Nov 14, 2006, 8:16 am - Lottery News

What would the experts do with a lottery jackpot?News Story
Investment Hanging on to all those millions can be as tough as winning in the first place If you won the lottery, as eight Nebraska meatpackers did last month, splitting a $365 million jackpot, what investment would be at the top of your wish list? Without a plan, the reality is that 70 percent of all lottery winners will squander away their winnings in a few years, said Peter Toll, president of Family Heritage First in West Linn and past president of Oregon's Financial Planning Ass
Mar 9, 2006, 6:56 am - Lottery News