N.J. Lottery goes from zero to highest tax rate in the USA
Adding insult to injury, 11% taxes are retroactive back to Jan. 1
Local Mega Millions winner calls it Pathetic money grab , as feel-good story about workers' winning jackpot is transformed into an example of oppressive government that finds it easier to take from a few lucky winners than to stop wasteful government handouts and spending.
The limits of luck are becoming clear to Lynn Sellari, whose Cash 5 lottery ticket left her with a windfall of money in May.
Over the past few days, Se ...
Jul 2, 2009, 11:40 pm - Lottery News forum
Quick decision: New Ark. Lottery chief recommends Powerball
The newly hired director of the Arkansas Scholarship Lottery says he is recommending that the State Lottery Commission accept an invitation by Powerball to join the multi-state lottery known for its often soaring jackpots.
Ernie Passailaigue says he hopes the state begins selling scratch off tickets by October 29th and selling Powerball tickets by early 2010.
Passailaigue says he believes once the lottery is up and running Arkansas could see $1.5 million a day in sales.
But another pote ...
Jun 25, 2009, 12:13 am - Lottery News forum
Internet gambling bill awaits house vote
Legislation seeks to enable some forms of online gambling such as Internet poker and wagering on horse racing
Congress is moving closer to passing legislation that will relieve U.S. financial services companies from implementing bans on Internet gambling as the Payments System Protection Act (H.R. 6870) was approved by the House Committee on Financial Services and appears headed for a possible vote by the full House next week.
Pushed by the committee's chairman, Rep. Barney Frank, D-Mass., ...
Jun 10, 2009, 7:51 pm - Lottery News forum
IL Senator again pushes for online lottery ticket sales
When Illinois lottery jackpots swell into the hundreds of millions, so do the lines for tickets. What if you could simply purchase lottery tickets online, at home or work?
That's been the vision of Illinois State Senator John Cullerton since February of this year, when Lottery Post reported that the Senator was pushing for lottery ticket sales over the Internet (www.lotterypost.com/news/189242).
When a jackpot gets up over eighty million, that's when people want to buy at least one ticket ...
Jun 8, 2009, 8:55 am - Lottery News forum
Delaware legalizes sports betting
Table games are next; Maryland lawmakers worried
Standing in front a screen displaying lines for the NFL, NBA and MLB, Gov. Jack Markell Thursday signed a sports betting bill into law at a ceremony inside the VIP room at Delaware Park racetrack and casino.
After signing the legislation Markell said his administration looks forward to working with the state's three racinos to make the Delaware sports lottery as successful as possible.
There is tremendous interest in the sports lottery t ...
May 15, 2009, 8:45 am - Lottery News forum
Nevada Gov. flip-flops on lottery
True or not, it doesn't really matter
Nevada Gov. Jim Gibbons might not remember it, but the record shows he has flip-flopped on the issue of a state lottery.
Gibbons told a town hall audience in Minden last week, I have no problem with a lottery. As they have for decades, lawmakers are again considering creating a state lottery in Nevada.
Asked about his stance in an interview, Gibbons said, I never have opposed a lottery. When did you hear that?
Gibbons' previous opposition is in ...
May 11, 2009, 6:40 am - Lottery News forum
Delaware House passes sports betting bill
The Delaware House has passed a sports betting bill that failed to win approval earlier this week.
After hours of closed-door negotiations, lawmakers convened early Friday morning to rescind Tuesday's roll call and vote on a revised bill, which won overwhelming approval.
The vote came after several hours of talks between Gov. Jack Markell and his staff and Republican and Democratic leaders in the House.
The proposed sports lottery and the money it would bring are key components in Marke ...
May 8, 2009, 8:57 am - Lottery News forum
Prop 1C would change the California Lottery
Voting 'Yes' will allow lottery to create larger prize payouts
On May 19, California voters will have a chance to change the state lottery for the first time since it started in 1984.
Proposition 1C would allow the state to borrow $5 billion from future lottery profits to help balance the state's 2009-10 budget.
Lottery payment to educational institutions would end and the state general fund would increase its payments to schools to make up for the loss of lottery funds.
Currently, t ...
May 8, 2009, 8:35 am - Lottery News forum
Bill limiting lottery prizes of people on public aid fails
See previous story at www.lotterypost.com/news/191985.
A proposal that would limit Tennessee lottery winners on state or federal assistance to $600 failed in the House State Government Subcommittee.
The measure sponsored by Rep. Stacey Campfield, a Knoxville Republican, failed Wednesday for lack of a second.
Campfield says people receiving assistance should not be spending money on lottery tickets, but rather on education or to put food in their children's mouths.
The proposal would ...
Apr 28, 2009, 10:57 pm - Lottery News forum
Nevada Assembly passes lottery bill
Senate vote is next step
The Nevada Assembly voted Wednesday for a lottery in the nation's No. 1 gambling state, despite arguments that it would compete with slot machines and other games of chance.
AJR7 is the latest version of a plan that since the 1970s has failed about two dozen times to win legislative approval. The measure advanced on a 31-11 vote and now moves to the Senate.
The plan would have to be approved by lawmakers this year and again in 2011 and then go to a public vote.
Apr 17, 2009, 3:06 am - Lottery News forum