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GTech gets deal for new online terminals from Spain’s national lotteryNews Story
GTech Corp of West Greenwich, R.I., has won a sale to provide new online lottery terminals to Sistemas Tecnicos de Loterias del Estado (STL), the operator of the online system for the National Lottery in Spain. According to the company, the deal could be worth as much as $9 million.Under the terms of the agreement, STL will replace 2,500 Spectra online lottery terminals with 2,500 Altura terminals. In addition, GTech will continue to provide STL with terminal maintenance and repair services.STL
Jan 9, 2004, 10:30 am - Lottery News

Powerball sales brisk for tonight's $137 million drawingNews Story
Visions of money stacks are dancing in the heads of Powerball players who recall the $314 million Christmas Day jackpot won by a West Virginia man last year.This year's holiday week drawing is on Christmas Eve and has fueled a spike in Powerball ticket purchases. I think people are out there spending their money left and right and there's always that little glimmer of hope that this will be a wonderful Christmas, said Mark Kempton, manager of Eddy's, a Council Bluffs gas station. It would make
Dec 24, 2003, 7:03 am - Lottery News

$100 million jackpot boosts demand for lottery ticketsNews Story
Abel Ybarra looks at the $1 Mega Millions lottery ticket that he purchased Monday night as an investment, not a waste of money.Just like the stock market, you keep putting money in until you make a nice profit, Ybarra said, as he held his ticket outside the Supertrak convenience store in east Arlington. Buying cigarettes and beer is wasting money, said Ybarra, a warehouse inventory worker. If I win, I would have become a millionaire on a $1 investment. State lottery officials expect 3 million
Dec 23, 2003, 5:32 am - Lottery News

Spend a lott this ChristmasNews Story
'Tis the season to splash out and be jolly...and three lucky ladies won't be worrying about the bills when they start rolling in after Christmas.Trish Emson, Mandy Wright, and Alison Hamilton have all hit it big on the UK National Lottery with their families, sharing more than 7 million between them. So how will this year's Christmas be different and what kind of presents will they be buying for their family and friends?Here they share how they will be spending their big day and what kind of g
Dec 22, 2003, 6:14 am - Lottery News

Powerball Jackpot Reaches $116 MillionNews Story
Powerball tickets are the perfect stocking stuffer this holiday shopping season for lottery players across the nation. The reason? Powerball has the largest current lottery jackpot in the world.There were no Powerball jackpot winners Wednesday but 706,567 players across the nation won a total of more than $6.1 million in prizes in America's Game.Because no one correctly matched all six numbers in Wednesday's drawing the jackpot will grow to an estimated $116 million.This is the fourth time this
Dec 18, 2003, 4:17 am - Lottery News

Profit Soars at Lottery Operator GtechNews Story
Gtech Holdings Corp., the world's largest operator of lottery systems, posted a 40 percent jump in profit for its latest quarter, beating Wall Street estimates.West Greenwich-based Gtech also raised its fiscal 2004 earnings estimates again and predicted fiscal 2005 earnings would beat analysts' expectations.Net income for the third quarter ended Nov. 22 soared to $45.9 million, or 69 cents a share, from $32.8 million, or 58 cents a share, a year earlier.However, the latest results included a gai
Dec 17, 2003, 4:18 am - Lottery News

Lottery winner files $6.3 million complaint against stockbrokerNews Story
A multimillion dollar lottery winner filed a $6.3 million complaint against her stockbroker in Rochester, claiming he lost most of her savings.Shirley Begy of Greece filed a claim for arbitration last month with the National Association of Securities Dealers against financial adviser William Tatro, president of Eagle Steward Limited.The 74-year-old Begy says Tatro went against her direction and invested $3.2 million of her money in high-risk ventures, and moved her money around do he could profi
Dec 15, 2003, 6:28 am - Lottery News

Lottery nixes man's bid to buy 7 million ticketsNews Story
A deep-pocketed mystery man from Chicago tried to bet an odds-skewing $7 million on the Mass Millions numbers game this week after Lottery officials opened the door by helping him buy 60,000 of the dollar tickets just last week.Lottery officials furiously backpedaled yesterday, refusing to release the man's identity even as they admitted they have no idea where his cash came from - raising fears among lawmakers that a mobster or drug kinpin may be trying to launder money through the Lottery. I'm
Nov 14, 2003, 5:13 am - Lottery News

Luck runs out for N.Y. lottery winnersNews Story
When members of the Lucky Lotto Lady Partnership won $23 million in 1994, they thought their money woes were over for good. But nearly a decade later, the group is battling a formidable foe over its winnings: the Internal Revenue Service. This time, the Lucky Lotto Lady Partnership is going to need more than luck -- it'll need a change in federal law in order to win.The dispute is over taxes. Not whether the group should pay them, but how much of its lottery winnings should go to the IRS. And Un
Sep 29, 2003, 3:37 am - Lottery News

Paul gets brusque farewell from Georgia lottery boardNews Story
When Rebecca Paul gave three weeks' notice that she was stepping down as head of Georgia's lottery to start Tennessee's, her bosses showered her with praise and wished her well.Days later, the lottery's board of directors barred Paul from her desk and declared it wanted the $500,000-a-year executive gone yesterday literally.Officially, Paul's last day on the job became Sept. 5, two days before she phoned Georgia's governor and told him she had accepted the job of Tennessee Education Lottery Corp
Sep 20, 2003, 8:57 pm - Lottery News