Welcome Guest
Log In | Register )
The time is now 2:17 am
You last visited July 28, 2014, 2:14 am
All times shown are
Eastern Time (GMT-5:00)

Store payout when a winning ticket is sold (in Tennessee)

Topic closed. 15 replies. Last post 4 years ago by GASMETERGUY.

Page 1 of 2
51
PrintE-mailLink
TheOtherOne's avatar - Lottery-027.jpg
Nashville, TN
United States
Member #86740
February 9, 2010
478 Posts
Offline
Posted: July 14, 2010, 11:32 pm - IP Logged

I thought it was policy that if a high-dollar game such as Mega Millions or Powerball is sold at a store, the store owner receives a bonus for selling the game there.

a worker at a store in Nashville today said they do NOT receive any bonus, just the publicity and a large sign to hang in the window.

 

I like the fact that store owners receive this bonus -- it is nice for when the clerk says "Good Luck" to me after I buy the ticket and it is nice to say ' you too!"

 

Did I miss something? When did this change?

    Avatar
    CA
    United States
    Member #84266
    December 26, 2009
    410 Posts
    Offline
    Posted: July 15, 2010, 12:09 am - IP Logged

    They only get the bonus if it was a jack pot no?

      TheOtherOne's avatar - Lottery-027.jpg
      Nashville, TN
      United States
      Member #86740
      February 9, 2010
      478 Posts
      Offline
      Posted: July 15, 2010, 12:19 am - IP Logged

      They only get the bonus if it was a jack pot no?

      That is what I thought. Maybe I mis understood the guy, or perhaps he mis understood me.


      He said it was a new rule that the TN EL CEO had mandated not too long ago.


      He said all they get is like a few bucks (percentage) of sales for say, cash 4 or cash 3 sales if they hit above $500 or something. He said it is like they get paid interest for holding the money, but he said its only like $5.

        Avatar

        United States
        Member #60014
        April 3, 2008
        720 Posts
        Offline
        Posted: July 15, 2010, 1:12 pm - IP Logged

        According to the Powerball website news release concerning the June 2 Missouri jackpot winner, "The winning ticket was sold at the Hub Carry Out.  The store  [owner] was paid $100,000 for selling the winning ticket."

        As for Tennessee retailers (TN lottery website), "Economic benefits to retailers include a 6.5% commission on lottery sales in your store. A Tennessee Retailer who sells a winning Powerball jackpot ticket will also receive a $25,000 selling bonus."

        Patriot

        `|-|-|-|-|-|-|-|-|-|-|-|-|-|-|-|-|-|-|-|-|-|-|-|-|-|-|-|-|-|-|-|-|-|-|-|-|-|-|-|-|-|-|-|-|-|-|-|-|-|-|-|-|-|`

         


         

         

         


          RJOh's avatar - chipmunk
          mid-Ohio
          United States
          Member #9
          March 24, 2001
          17735 Posts
          Offline
          Posted: July 15, 2010, 4:18 pm - IP Logged

          I thought it was policy that if a high-dollar game such as Mega Millions or Powerball is sold at a store, the store owner receives a bonus for selling the game there.

          a worker at a store in Nashville today said they do NOT receive any bonus, just the publicity and a large sign to hang in the window.

           

          I like the fact that store owners receive this bonus -- it is nice for when the clerk says "Good Luck" to me after I buy the ticket and it is nice to say ' you too!"

           

          Did I miss something? When did this change?

          Did I miss something? When did this change?

          If you won a prize and collected your winnings at the store then you might have missed a hint that the clerk was expecting a tip.

          * you don't need more tickets * 
          * just the right ticket * 
             Wink 

            rdgrnr's avatar - walt
            -Ridge Runner- Oracle of the Appalachians
            Way back up in them dadgum hills, son!
            United States
            Member #73904
            April 28, 2009
            14903 Posts
            Offline
            Posted: July 17, 2010, 9:57 pm - IP Logged

            According to the Powerball website news release concerning the June 2 Missouri jackpot winner, "The winning ticket was sold at the Hub Carry Out.  The store  [owner] was paid $100,000 for selling the winning ticket."

            As for Tennessee retailers (TN lottery website), "Economic benefits to retailers include a 6.5% commission on lottery sales in your store. A Tennessee Retailer who sells a winning Powerball jackpot ticket will also receive a $25,000 selling bonus."

            "The store (owner) was paid $100,000 for selling the winning ticket."

             

            I always wondered why the retailer gets such a big cut in so many states. It's not like they have trouble finding stores to sell tickets.


                                                         
                                 
                                                     

             

             

             

             

                                                                                                               

            "The only thing necessary for evil to triumph is for good men to do nothing"

                                                                                                        --Edmund Burke

             

             

              RJOh's avatar - chipmunk
              mid-Ohio
              United States
              Member #9
              March 24, 2001
              17735 Posts
              Offline
              Posted: July 17, 2010, 10:12 pm - IP Logged

              "The store (owner) was paid $100,000 for selling the winning ticket."

               

              I always wondered why the retailer gets such a big cut in so many states. It's not like they have trouble finding stores to sell tickets.

              It's not that they have a trouble finding stores to sell tickets, it's finding stores that will live up to their contract and payout prizes to $600.  I've seen some Ma&Pa stores that will sell a player $50 worth of tickets and if he wins $50 will tell him they don't carry enough money to cash a prize that size.

              * you don't need more tickets * 
              * just the right ticket * 
                 Wink 

                Avatar

                United States
                Member #61232
                May 16, 2008
                126 Posts
                Offline
                Posted: July 17, 2010, 11:24 pm - IP Logged

                "The store (owner) was paid $100,000 for selling the winning ticket."

                 

                I always wondered why the retailer gets such a big cut in so many states. It's not like they have trouble finding stores to sell tickets.

                It's just another incentive for the retailer to sell tickets.

                  Avatar

                  United States
                  Member #60014
                  April 3, 2008
                  720 Posts
                  Offline
                  Posted: July 18, 2010, 5:04 pm - IP Logged

                  It's not that they have a trouble finding stores to sell tickets, it's finding stores that will live up to their contract and payout prizes to $600.  I've seen some Ma&Pa stores that will sell a player $50 worth of tickets and if he wins $50 will tell him they don't carry enough money to cash a prize that size.

                  if he wins $50 will tell him they don't carry enough money to cash a prize that size.

                   


                  Years ago, I had some winning PB tickets and tried to cash them at the little Louisiana store where I bought the tickets  It was way under $600, and the clerk said, "I'm sorry. It's too early, and they haven't restocked the cash drawer. I can give you some tickets if you would like."

                  It was about 10 a.m.  I drove to the next town (population 10 times larger) forty miles away and cashed out with other lottery retailers. Interesting state, Louisiana!!

                  Patriot

                  `|-|-|-|-|-|-|-|-|-|-|-|-|-|-|-|-|-|-|-|-|-|-|-|-|-|-|-|-|-|-|-|-|-|-|-|-|-|-|-|-|-|-|-|-|-|-|-|-|-|-|-|-|-|`

                   


                   

                   

                   


                    Avatar
                    Kentucky
                    United States
                    Member #32652
                    February 14, 2006
                    5279 Posts
                    Offline
                    Posted: July 19, 2010, 1:20 pm - IP Logged

                    It's not that they have a trouble finding stores to sell tickets, it's finding stores that will live up to their contract and payout prizes to $600.  I've seen some Ma&Pa stores that will sell a player $50 worth of tickets and if he wins $50 will tell him they don't carry enough money to cash a prize that size.

                    It's very confusing cashing tickets up to $5000 in Ohio because the store must validate the tickets, fills out a claim form, and then the player must have the form notarized and finally taken to a designated bank to collect the winnings. Most stores probably have never filled out a claims form let alone the clerk that happens to be there when the player tries to cash their ticket. Most players never cashed tickets requiring a form so they don't know the process either.

                    The first time I hit the pick-4 straight in Ohio, it took the manager almost an hour just to fill out the claims form in between waiting on other costumers and spent another hour looking for a notary. The bank charges a $10 fee to and the casher had a difficult time understanding she could simply deduct it from the $5000, but she wanted the $10 first.  From start to finish it took about 3 hours.

                    The Kentucky lottery designates one store in each country to payoff winning tickets up to $5000. They know the process and players have the winnings in their pocket in less than a half hour. The problem of cashing smaller tickets purchased at Ma&Pa stores is here too and probably in ever state.

                      RJOh's avatar - chipmunk
                      mid-Ohio
                      United States
                      Member #9
                      March 24, 2001
                      17735 Posts
                      Offline
                      Posted: July 19, 2010, 3:41 pm - IP Logged

                      It's very confusing cashing tickets up to $5000 in Ohio because the store must validate the tickets, fills out a claim form, and then the player must have the form notarized and finally taken to a designated bank to collect the winnings. Most stores probably have never filled out a claims form let alone the clerk that happens to be there when the player tries to cash their ticket. Most players never cashed tickets requiring a form so they don't know the process either.

                      The first time I hit the pick-4 straight in Ohio, it took the manager almost an hour just to fill out the claims form in between waiting on other costumers and spent another hour looking for a notary. The bank charges a $10 fee to and the casher had a difficult time understanding she could simply deduct it from the $5000, but she wanted the $10 first.  From start to finish it took about 3 hours.

                      The Kentucky lottery designates one store in each country to payoff winning tickets up to $5000. They know the process and players have the winnings in their pocket in less than a half hour. The problem of cashing smaller tickets purchased at Ma&Pa stores is here too and probably in ever state.

                      A few years ago when I matched 5of6 in Ohio Super Lotto for $1500 I went through the same thing.  The store had never had a winner that size and the manager had to call the lottery after reading instructions for filling out the claim form for clarification.  She verified my ticket and we filled out the claim form and I drove 20 miles to an official bank which charged $15 to notarize the form and after discovering the manager hadn't put the complete address of the store on the form wouldn't pay me even though I had the validation ticket so I had to drive back to the store and get the manager to complete the address entry which was an extra 40 mile drive.  After a half day of that kind of crap, I finally got my money.

                      The next time I win more than $599 I hope it's more than $5000 so I can drive straight to the lottery office in Columbus and take care of everything right there.

                      * you don't need more tickets * 
                      * just the right ticket * 
                         Wink 

                        TheOtherOne's avatar - Lottery-027.jpg
                        Nashville, TN
                        United States
                        Member #86740
                        February 9, 2010
                        478 Posts
                        Offline
                        Posted: July 27, 2010, 12:47 am - IP Logged

                        Did I miss something? When did this change?

                        If you won a prize and collected your winnings at the store then you might have missed a hint that the clerk was expecting a tip.

                        I think you are right. Either this guy was out of his mind, or he expected a tip.

                        Heck, if I win enough, I will gladly tip him very well, just got to get there first.

                         

                        Oh, and I am glad you guys mention about the big payouts. I was at a Dollar General the other day with a $10 winning scratchoff, and the little lady behind the counter kept putting numbers in to pay out and it wouldnt take

                        *I* had to teach her that she had to enter the 3 numbers boxed in somewhere on the card -- and always at the bottom of the card . Glad to see DG trains their people so well Roll Eyes

                          Avatar
                          Monkey Butt, USA
                          United States
                          Member #54569
                          August 23, 2007
                          1124 Posts
                          Offline
                          Posted: July 27, 2010, 8:26 pm - IP Logged

                          I think you are right. Either this guy was out of his mind, or he expected a tip.

                          Heck, if I win enough, I will gladly tip him very well, just got to get there first.

                           

                          Oh, and I am glad you guys mention about the big payouts. I was at a Dollar General the other day with a $10 winning scratchoff, and the little lady behind the counter kept putting numbers in to pay out and it wouldnt take

                          *I* had to teach her that she had to enter the 3 numbers boxed in somewhere on the card -- and always at the bottom of the card . Glad to see DG trains their people so well Roll Eyes

                          Wow you can purchase lottery tickets at Dollar General????!!!!!! If they started that here in TX and sold gas, I'd probably pass out from the giddiness of true one stop shopping. Watch out Wal-Mart the other retailers are catching up.

                            Avatar
                            Monkey Butt, USA
                            United States
                            Member #54569
                            August 23, 2007
                            1124 Posts
                            Offline
                            Posted: July 27, 2010, 8:43 pm - IP Logged

                            It's very confusing cashing tickets up to $5000 in Ohio because the store must validate the tickets, fills out a claim form, and then the player must have the form notarized and finally taken to a designated bank to collect the winnings. Most stores probably have never filled out a claims form let alone the clerk that happens to be there when the player tries to cash their ticket. Most players never cashed tickets requiring a form so they don't know the process either.

                            The first time I hit the pick-4 straight in Ohio, it took the manager almost an hour just to fill out the claims form in between waiting on other costumers and spent another hour looking for a notary. The bank charges a $10 fee to and the casher had a difficult time understanding she could simply deduct it from the $5000, but she wanted the $10 first.  From start to finish it took about 3 hours.

                            The Kentucky lottery designates one store in each country to payoff winning tickets up to $5000. They know the process and players have the winnings in their pocket in less than a half hour. The problem of cashing smaller tickets purchased at Ma&Pa stores is here too and probably in ever state.

                            I thank God that here in TX there are local offices where you can go and cash in any ticket in the amount of $600 to 1 million dollars. Anything over the million dollar mark, arrangements would have to be made to travel to the main lottery office in Austin. I've been to the office once and the paperwork that needed to be filled out reminded me of the W-2 you fill out when on your job. I was in and out less than an hour with check in hand.

                            But then I was the only customer there at that time so go figure. If I had to go thru any of the things most of players in other states go through, I'd probably stop playing.

                            I've also tried cashing tickets at the M&P stores and received the same response. I've even received that response at a 7-11. It seems that most stores have no problem selling to you but they do not want to deplete their cash reserves on paying out on lottery tickets.

                            I did a posting here at the site about how here in TX the lottery retailers are not obligated to cash in any tickets and how they can issue a money order (free of charge) or issue a store check.

                            So when I win I usually go to a major grocery store or cash the tickets in when I am making a purchase. It saves me travel time and reduces my frustration level. I also try to purchase my tickets at stores where I've built up a customer friendship with the cashier.

                              dr65's avatar - black panther.jpg
                              Pennsylvania
                              United States
                              Member #74096
                              May 2, 2009
                              16139 Posts
                              Offline
                              Posted: July 30, 2010, 11:18 pm - IP Logged

                              Wow you can purchase lottery tickets at Dollar General????!!!!!! If they started that here in TX and sold gas, I'd probably pass out from the giddiness of true one stop shopping. Watch out Wal-Mart the other retailers are catching up.

                              LOL! That's what I thought - they have machines in Dollar General!?! Who is next?