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Some States Consider Leasing Their LotteriesNews Story
As chief operating officer of the California Department of Finance, Fred Klass gets pitches from Wall Street bankers as often as the rest of us might get cold calls from telemarketers or insurance agents. But when Kathleen Brown of Goldman Sachs came to his office earlier this year and suggested privatizing the state lottery, Mr. Klass listened closely. It wasn't merely because Ms. Brown happened to be a former state treasurer as well as the daughter of one famous California governor and the
Oct 16, 2007, 10:05 am - Lottery News

Calif. Gov: Sell lottery to fund health careNews Story
Hoping to rejuvenate lagging negotiations over health care reform, Gov. Arnold Schwarzenegger said Tuesday that he wants to use the state lottery to help finance his plan that would require all Californians to have health insurance. The Republican governor said at a news conference that he wants to lease the lottery to a private group and use about $2 billion a year of the proceeds to pay for his health insurance plan, without diverting any lottery funds used for education. The proposal is
Oct 12, 2007, 7:42 pm - Lottery News

Janitorial entrepreneur sweeps up lottery millionsNews Story
After playing for years, a California woman hit the Mega Millions jackpot for $60 million. Zorina Kroop, a California businesswoman who helped build up a thriving overnight janitorial service over the past 27 years, cleaned up somewhere new this week: the lottery. The 63-year-old Sherman Oaks resident will be announced today by California Lottery officials as the winner of a $60-million Mega Millions jackpot. Kroop found out that she was the big winner in the multi-state game late Wedne
Sep 28, 2007, 11:31 am - Lottery News

Is the lottery shortchanging schools?News Story
According to the North American Assoc. of State and Provincial Lotteries, 42 states and the District of Columbia run lotteries, and more than half claim the games boost funding for education. But CBS News chief investigative correspondent Armen Keteyian found that lotteries aren't exactly providing a windfall for schools. If you listen to state lottery ads, we're supposed to believe that all the numbers are supposedly adding up to more and more money for education. Lotteries help, but n
Sep 19, 2007, 12:38 pm - Lottery News

Jackpot winner says business as usual at executive assistant jobNews Story
Mystery winner claimed huge SuperLotto Plus jackpot Judy Taylor won $93 million in the California Lottery, and said she was going to go back to work as an executive assistant. The Alameda resident told state lottery officials she would use the money to travel to Greek islands and Hong Kong, buy a new car, and, as a lifelong renter, finally break into the Bay Area housing market. Lottery officials said Monday that Taylor won the Sept. 1 jackpot for the Super Lotto Plus game, ending a
Sep 12, 2007, 2:43 pm - Lottery News

Clerk tricks lotto winner, pockets moneyNews Story
A man who went to a 7-Eleven in Roseville, Calif., to check on his lottery tickets had picked the right numbers, but state officials said it was the clerk who almost hit the jackpot. The female clerk told the customer he won $4 on his Mega Millions picks for Aug. 14, and then pocketed his winning ticket worth $555,000, California Lottery officials said. However, the clerk's alleged scheme fell apart after the unnamed victim became suspicious and called lottery officials. Rajinder Kaur,
Sep 7, 2007, 10:27 pm - Lottery News

$93 million lottery winner has yet to claim her prizeNews Story
Gas station owner Simon Kim has looked at the photograph of the woman captured on security tape dozens of times since Friday night, when she came into the business and purchased a winning lottery ticket worth a staggering $93 million. Kim said he recognizes the woman, who visits his Bay Farm Island station at least once a week. He just doesn't know her name. Neither do California Lottery officials, who late Thursday afternoon were still waiting for her to come forward to claim the money
Sep 7, 2007, 9:11 pm - Lottery News

Lotto fever isn't what it used to beNews Story
Sure, there was a buzz Tuesday. Sure, people dreamed. Sure, people blacked out their favorite numbers birthdays and anniversaries hoping for luck to strike. The chance to win a cool $250 million, though, didn't seem to draw the crazed stampede of wannabe Trumps that it has in the past. In 1984, a then-record $40 million jackpot in Illinois actually caused people to fly in from overseas to take a stab at it. For some, huge jackpots such as the one offered by the Mega Millions lottery in
Aug 30, 2007, 1:00 am - Lottery News

Calif. Lottery fails to meet Mega Millions deadlineNews Story
The Democrat-controlled California legislature, which has taken an adversarial role against the California Lottery for the past several years, has not met its obligation to change state law by a court-ordered deadline, aimed at ensuring participation in multi-state lotto is fair to education, lottery officials said Wednesday. The lottery bill making the needed change extension of California's prize-claim period to match 11 other Mega Millions states remained stalled on the eve of Friday's
Jul 12, 2007, 1:12 pm - Lottery News

California Lottery official fired for taking 'bonus' from hotelNews Story
A California Lottery official has been fired for allegedly pocketing gratuities tied to the weekly Big Spin TV show, where scratch-off ticket winners vie for a chance to win millions. Richard Leeson was dismissed after an internal investigation found that he received redeemable honors points from a contract to house Big Spin contestants at the Glendale Hilton Hotel, officials said. This is not the kind of thing you can make excuses for, Lottery Director Joan Borucki said Tuesday at a
Jun 13, 2007, 9:03 am - Lottery News