Pa. man pleads guilty in bizarre lottery tax case
A 70-year-old Pennsylvania man faces up to a year and half in prison for having more than 40 people cash in lottery tickets worth $520,000 so he could avoid paying federal income tax on the winnings.
Sherman Friend, of McClellandtown, faces a sentence of 12 to 18 months in federal prison when he is sentenced Feb. 15 on the tax evasion charge he pleaded guilty to Friday before U.S. District Judge Arthur Schwab in Pittsburgh.
Assistant U.S. Attorney Nelson Cohen said Friend won big when he b ...
Sep 28, 2012, 12:45 pm - Lottery News forum
Penn. Lottery gets advice from Illinois on privatization
State trying to decide if privately operating the lottery is right approach
Pennsylvania is currently looking into privatizing its lottery, but one official with the Illinois lottery, the only private system in the nation, is warning the commonwealth to carefully plan how it would choose a company to manage day-to-day operations.
Illinois Lottery Superintendent Michael Jones says in the Land of Lincoln, potential overseers had to estimate how much money they'd be able to bring into the lot ...
Aug 9, 2012, 7:42 am - Lottery News forum
48 Philly transit workers win $172M Powerball jackpot
Trains and subways might zip along a little faster in Philadelphia this week after a group of 48 transit workers hit a $172 million Powerball lottery jackpot.
The workers, who will get about $3 million apiece, are choosing to remain anonymous, but range in rank from senior managers in the purchasing department to a favorite janitor, according to Southeastern Pennsylvania Transportation Authority (SEPTA) spokesman Richard Maloney.
They have all asked to be anonymous on this. When you get a ...
Apr 30, 2012, 8:15 am - Lottery News forum
Penn. Lottery seeking outside help for marketing efforts
'The lottery would not be sold nor will it be fully privatized'
An aging population's increased demand for services and the need for stable funding for those programs sparked Gov. Tom Corbett administration's decision to seek private managers for the Pennsylvania Lottery, senior administration officials told a House oversight committee Tuesday.
By 2030, a quarter of Pennsylvanians will be 65 years or older, and the lottery, which had sales of $3.2 billion during the 2010-11 fiscal year, wi ...
Apr 5, 2012, 10:27 am - Lottery News forum
Penn. newsstand sells $4.2M winning lottery ticket
Ann Marie Bossard couldn't speak.
She had just scanned one of her regular customer's lottery tickets, and the number that came up was the largest she'd ever seen for a payout at Anthracite Newsstand in Wilkes-Barre, Pennsylvania: More than $4.2 million.
I was putting tickets in, they said 'no winner,' 'no winner.' This came out, it said 'winner.' I couldn't say anything, she said Tuesday.
Bossard said the customer buys tickets twice a week for different games. He bought the Match 6 lot ...
Oct 27, 2011, 7:00 am - Lottery News forum
PA lottery prize worth $350,000 to expire Sept. 29
Unclaimed, jackpot-winning Cash 5 ticket was sold in Carbon County
Time is running out for the holder of a jackpot-winning Pennsylvania Cash 5 ticket worth nearly $350,000 from the Sept. 29, 2010, drawing to claim the prize.
The ticket and prize will expire one year from the date of the drawing.
The deadline for claiming this prize is just two weeks away, and we hate to see prizes go unclaimed said Todd Rucci, Lottery Executive Director. I encourage players to check closets, wallets, c ...
Sep 16, 2011, 1:08 pm - Lottery News forum
Lotteries hit record profits last year
Lottery sales are strong, but there are points of weakness
By Todd Northrop
Government-sponsored lotteries are continuing their broad expansion as income-producing entities, as many lotteries reported record profits in the last fiscal year.
Reports of record profits from the lotteries come despite continuing high unemployment and an economy that has been flat or downward-trending for the past two years.
Iowa Lottery CEO Terry Rich says he believes the lottery does well in a bad econo ...
Jul 25, 2011, 1:19 pm - Lottery News forum
Two get probation in scheme to avoid taxes on lottery win
A pair of men who conspired to hide from the tax man that one of them won $500,000 in the lottery were each sentenced to two years of probation Tuesday.
Pennsylvania convenience store owner Charig R. Patel and frequent lottery player Kendrick D. Francis each admitted to conspiracy to defraud the IRS and making a false statement on a tax return in March and faced up to three years in a federal prison.
However, attorneys for each of the men argued to Chief District Judge Gregory M. Sleet tha ...
Jul 13, 2011, 9:25 pm - Lottery News forum
Pennsylvania Lottery's raffle makes 4 millionaires
By Todd Northrop
The Pennsylvania Lottery's latest raffle game, Millionaire Raffle, was drawn Saturday, and made four instant millionaires.
The winning numbers can be found at Lottery Post's Pennsylvania Lottery Results page.
Millionaire Raffle is a raffle game offered by the Pennsylvania Lottery, with only 500,000 of the $20 tickets available for purchase.
Each of the game's $20 tickets offers a 1-in-125,000 chance of winning $1 million. There was one drawing on July 9, 2011 to sele ...
Jul 9, 2011, 10:26 pm - Lottery News forum
PA Lottery raffle ticket worth $1M set to expire this week
Time is running out for the holder of a Pennsylvania Lottery Millionaire Raffle ticket worth $1 million from the July 10, 2010, drawing to claim the prize.
The ticket and prize will expire one year from the date of the drawing, but because that date falls on a Sunday, it must be presented a bit sooner.
This is the only one of the four $1 million winning tickets sold in last July's Millionaire Raffle drawing to remain unclaimed, said Drew Svitko, Lottery interim executive director. We know ...
Jun 29, 2011, 8:11 am - Lottery News forum