Some States Consider Leasing Their Lotteries
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 forum
Retired auto worker, 2 children claim $314M Powerball lottery jackpot
A retired auto worker and his two adult children claimed a $314 million Powerball jackpot Monday after waiting two weeks to step forward.
I know the world is going to turn upside down, said David Coterel, 65, of Riverside, Ohio. Coterel's daughter, Lynn Hiles, 46, said she has quit her job as a postal worker in Dayton, Ohio. Her 42-year-old brother, David Coterel, recently took a buyout from his job at an auto parts plant.
Neither has any children, and their mother, Dorothy, died of canc ...
Sep 12, 2007, 5:32 pm - Lottery News forum
Indiana Lottery finds $13,000 mistake
Data entry error.
Winning Hoosier Lottery tickets totaling $12,935 may have been mistaken for non-winning tickets after two drawings this summer because of a data entry error, the lottery said Wednesday.
The mistake concerns ticket holders with 4 of 6 or 5 of 6 winning numbers in the Hoosier Lotto drawings of June 23 and Aug. 8. The error means that some of those tickets would have shown as non-winning entries when presented for redemption.
This error occurred when the vendor ent ...
Aug 30, 2007, 12:23 am - Lottery News forum
Indiana Lottery Million Dollar Raffle results
The Hoosier Lottery's latest raffle-style game, Million Dollar Raffle, was drawn Thursday, awarding millions of dollars in prizes.
The winning numbers can be found here:
Million Dollar Raffle is a raffle game offered by the Indiana Lottery, with a limited number of $20 tickets.
With only 325,000 tickets sold for the raffle, Million Dollar Raffle offers the best odds to win $1 million of any Hoosier Lottery game.
There is ...
Aug 17, 2007, 1:13 am - Lottery News forum
Don't look at your lottery tickets while driving
A Michigan City man backed into a patrol car Tuesday afternoon because he was busy looking at recently purchased lottery tickets.
La Porte County Sheriff's Deputy Derek Allen made a traffic stop in the area of Cleveland Road and U.S. 20 in Michigan City, following the vehicle into the Marathon station on U.S. 20 and parking behind an unoccupied black Subaru, according to a police report. While the officer was speaking to the driver, the owner of the black Subaru left the convenient store, go ...
May 22, 2007, 10:42 am - Lottery News forum
West Virginia resisting trend to privatize Lottery
About a dozen states are flirting with the idea of selling their lotteries to private companies to help plug financial gaps in their budgets.
But West Virginia officials say they so far have not seriously considered such an initiative, which would privatize the state lottery in exchange for quick cash.
California Gov. Arnold Schwarzenegger, for instance, wants to sell the Golden State's lottery to bring in as much as $37 billion. Under Schwarzenegger's plan, the state lottery would be leas ...
May 10, 2007, 4:26 pm - Lottery News forum
Indiana Lottery privatization on hold
Gov. Mitch Daniels said Friday he is putting off but not giving up on his hopes of privatizing the Hoosier Lottery and wants a yearlong, statewide conversation on how best to spend the $2 billion or more the lease could bring.
Daniels said 10 companies, mostly American firms, have submitted nonbinding bids to lease the Hoosier Lottery. Half of those, he said, are north of a billion and a half, with two offers well over twice as big as the $1 billion the state had estimated it could rece ...
Apr 23, 2007, 10:07 am - Lottery News forum
Pickling Up Trash Pays As Couple Find Winning Lottery Ticket
A couple picking up trash along a roadside found a winning scratch-off lottery ticket that led them to a $1,000 jackpot.
Ronnie and Tina Abbott said they found a lottery ticket worth $15 Sunday while picking up garbage along a Clinton County road near Frankfort, about 55 miles northwest of Indianapolis.
The next day, they cashed in that ticket at a local store and bought one that turned out to be a $1,000 winner.
It does pay to pick up trash, Tina Abbott said.
She and her husband h ...
Apr 21, 2007, 11:53 am - Lottery News forum
Grandma's lottery ticket detour pays off
Seventy-three-year-old grandmother Margie Coy had plans to visit her grandson Terry Coy II in Greensburg, Ind., last weekend when her boyfriend decided to take a detour into Kentucky.
I asked him where we were going and he said he wanted to buy some Win For Life tickets in Kentucky, said Coy, who lives in the little town of Windfall near Kokomo in northern Indiana. I pretty much go along with anything he wants to do.
They motored over the I-275 bridge near Lawrenceburg and followed the ...
Mar 29, 2007, 12:21 am - Lottery News forum
Trooper caught in gambling raid
Indianapolis Metro Police officers cited Indiana State Trooper Kyle Freeman during a gambling raid Tuesday. They also arrested three men, including the poker club's promoter, Ryan Row.
I have been informed that I am not supposed to speak with you, said Row to Eyewitness News.
The raid happened Tuesday night in the Pendleton Trade Center. Officers confiscated several boxes of poker chips and thousands of dollars in cash.
In all, officers issued summons to 60 people.
Now the seven-y ...
Mar 16, 2007, 10:57 pm - Lottery News forum