Welcome Guest
Log In | Register )
You last visited December 10, 2016, 9:06 pm
All times shown are
Eastern Time (GMT-5:00)

Texas Lottery Officials Halt Jackpot Increase

Texas LotteryTexas Lottery: Texas Lottery Officials Halt Jackpot Increase

Texas Lottery officials won't boost the estimated top prize for Saturday's Lotto Texas drawing in the wake of accusations of inflated advertised jackpots.

Lottery Post reported yesterday that the Texas Lottery has been accused of falsely inflating jackpots to drive ticket sales, leading to charges of false advertising.

The Texas Lottery Commission says the estimated jackpot will remain at $8 million.

A critic earlier sent a letter to Attorney General Greg Abbott accusing the commission of false advertising.

Dawn Nettles is publisher of the Lotto Report, a publication devoted to criticizing the Texas Lottery.

An Abbott spokesman says AG officials looked into the matter and believe that the commission is taking necessary measures to address the issue.

The commission says ticket sales, along with the current interest rate factor, don't support an increase in the estimated jackpot.

Lottery officials are also looking at changing Lotto Texas rules to make sure jackpots don't exceed sales again.

Officials can access lottery reserves to make a payment if ticket sales don't cover the jackpot.

AP

We'd love to see your comments here!  Register for a FREE membership — it takes just a few moments — and you'll be able to post comments here and on any of our forums. If you're already a member, you can Log In to post a comment.

7 comments. Last comment 11 years ago by Todd.
Page 1 of 1
LOTTOMIKE's avatar - cash money.jpg
Tennessee
United States
Member #7853
October 15, 2004
11338 Posts
Offline
Posted: June 10, 2005, 3:29 am - IP Logged

this will teach them that there are lottery players watching closely,more so than they thought....

    Avatar
    New Mexico
    United States
    Member #12305
    March 10, 2005
    2984 Posts
    Offline
    Posted: June 10, 2005, 10:00 am - IP Logged

    this will teach them that there are lottery players watching closely,more so than they thought....

    Likely so, Mike.  They'll have to toe the line on that one for a while, until the stink wears away.  And they'll have to find ways to be sneakier, they're saying to one another in the board room this morning, in the future.

    Yah, this surely taught them a lesson.

    Jack


      United States
      Member #379
      June 5, 2002
      11296 Posts
      Offline
      Posted: June 14, 2005, 7:25 pm - IP Logged

      I Agree!

        LOTTOMIKE's avatar - cash money.jpg
        Tennessee
        United States
        Member #7853
        October 15, 2004
        11338 Posts
        Offline
        Posted: June 20, 2005, 6:36 am - IP Logged

        yeah they will have to be more sneakier next time...


          United States
          Member #16612
          June 2, 2005
          3493 Posts
          Offline
          Posted: June 29, 2005, 6:13 pm - IP Logged

          Next time, I think Texas should update in tenths of millions such as 9.3, 10.5, etc just like Powerball.


            United States
            Member #379
            June 5, 2002
            11296 Posts
            Offline
            Posted: July 2, 2005, 1:29 pm - IP Logged

            PB updates in tenths at the time of the drawing.

              Todd's avatar - Cylon 2.gif
              Chief Bottle Washer
              New Jersey
              United States
              Member #1
              May 31, 2000
              23277 Posts
              Online
              Posted: July 2, 2005, 1:32 pm - IP Logged

              That's good.

               

              Check the State Lottery Report Card
              What grade did your lottery earn?

               

              Sign the Petition for True Lottery Drawings
              Help eliminate computerized drawings!