Most Kentucky Lottery players don't know where the money goes
Kentucky is only state with odd law that prohibits advertising where funds go
Since its inception, the Kentucky Lottery has taken in $12.5 billion. A recent study said most people in the commonwealth have no idea where that money goes.
A local TV station has been investigating how much of that Powerball cash actually goes to Kentucky.
Kentucky Lottery officials believe they could be taking in more money if Kentuckians were better informed about lottery proceeds, but state law is prevent ...
Oct 29, 2010, 9:53 am - Lottery News forum
Lottery bill could limit winner's take
Michigan welfare recipients couldn't claim major prizes
Michigan lawmakers are being asked to prevent any person receiving welfare from winning major Michigan State Lottery prizes, and the idea has area residents and business people at odds.
If signed into law, the proposed legislation would prohibit a person getting welfare, food stamps or Medicaid from collecting a lottery prize of more than $600. If the prize were larger, the portion not paid to the winner would go to the state School A ...
Oct 20, 2010, 8:17 am - Lottery News forum
Federal online gambling legislation clears big hurdle
Maybe there are some teeth in the push for legalization and sensible federal regulation of the Internet gambling industry after all.
Sponsored by Rep. Barney Frank (D-Mass.) chairman of the House Financial Services Committee HR 2267 is a bill designed to establish federal oversight of an online gambling industry that currently resides in murky legal waters for U.S. players.
It passed overwhelmingly 41-22 via committee vote last week, advancing the legislation to the House floor, where it h ...
Aug 7, 2010, 10:23 pm - Lottery News forum
Congress rethinks its ban on Internet gambling
With pressure mounting on the federal government to find new revenues, Congress is considering legalizing, and taxing, an activity it banned just four years ago: Internet gambling.
On Wednesday, the House Financial Services Committee approved a bill that would effectively legalize online poker and other nonsports betting, overturning a 2006 federal ban that critics say merely drove Web-based casinos offshore.
The bill would direct the Treasury Department to license and regulate Internet ga ...
Jul 30, 2010, 6:37 pm - Lottery News forum
Increased California Lottery payouts spur sales
Californians who play lottery Scratcher games have apparently noticed a new and not unwelcome change in the way some of the games are structured: They win more.
As a result, they're playing more.
Scratcher sales leaped by $55 million in June, the first month that a new law allowed lottery officials to increase the percentage of revenues returned in prize money.
Officials are confident that trend will continue. In its budget for the fiscal year that began July 1, the Lottery Commission p ...
Jul 6, 2010, 9:03 am - Lottery News forum
N.C. Senate approves Internet sweepstakes ban
The North Carolina Senate overwhelmingly approved legislation Monday to shutter hundreds of new businesses that bill supporters argue are offering just another form of illegal video poker where people buy phone or Internet time, then play games on computer screens to win cash and prizes.
By a vote of 47-1, the chamber continued its long history of opposing video gambling, this time through electronic and computer-based devices springing up at new sweepstakes cafes or business centers.
Jun 22, 2010, 9:40 am - Lottery News forum
Group still trying to undermine Arkansas Lottery
As state higher education officials mail out notices to the first recipients of Arkansas' lottery-funded college scholarships, a group that fought creation of the lottery says it is gearing up to start its anti-lottery campaign anew.
Jerry Cox, executive director of the Christian conservative Family Council, says the group is making the lottery its No. 1 issue for next year's legislative session.
The group has drafted two bills that would impose limits on lottery operations and will push f ...
Jun 20, 2010, 7:52 pm - Lottery News forum
Okla. House votes to prohibit kids in lottery ads
The state House has approved a bill that would prohibit the Oklahoma Lottery Commission from using children in its advertisements.
The House passed the bill 69-19 on Monday. It now heads to the Senate.
The bill by Rep. Leslie Osborn, R-Tuttle, also requires any lottery advertisements that make a claim of benefits to be documented by actual expenditures of revenue.
Lottery officials have expressed concern that prohibiting the use of children in promotional ads would negatively affect lot ...
May 25, 2010, 8:21 am - Lottery News forum
US Rep. introduces revised Internet gambling bill
In March, Rep. Jim McDermott (D-WA) announced that he was re-introducing legislation to tax licensed Internet gambling in the U.S.
The bill, known as the Internet Gambling Regulation and Tax Enforcement Act, is a companion to legislation introduced by Rep. Barney Frank that would license and regulate online gambling. Rep. McDermott's bill includes new provisions that weren't in the original version introduced in October, including a revenue incentive for States that could generate up to an es ...
May 17, 2010, 7:45 am - Lottery News forum
Ark. lottery forced to revise budget after law change found
Arkansas' lottery director said Wednesday he wasn't aware that the Legislature changed how money from unclaimed prizes is to be managed a move that required lottery officials to revise their 2011 budget.
The revised lottery budget allocates $11 million less for scholarships and overall revenue is projected to drop by $14 million. However, the lottery has been taking in money above projections, and the original scholarship budget target of $116 million could still be met.
We will do our be ...
Apr 9, 2010, 8:45 am - Lottery News forum