Welcome Guest
Log In | Register )
You last visited December 10, 2016, 5:39 am
All times shown are
Eastern Time (GMT-5:00)

N.J. looks to be first in nation with online lottery sales

Topic closed. 21 replies. Last post 6 years ago by butterflykt.

Page 2 of 2
PrintE-mailLink
ca-dreamin*'s avatar - Lottery-065.jpg
Chicago
United States
Member #70678
February 8, 2009
889 Posts
Offline
Posted: January 29, 2011, 10:29 pm - IP Logged

While that would be convenient, I would be worried about making it easier for compulsive gamblers  to drain their bank accounts over a big jackpot.

I would think that a compulsive gambler would drain it regardless.

I like the idea of being able to use a debit card because sometimes the only money I have is in the bank and if there's less than 20 dollars in my account the ATM won't do me any good.

Just get me thru this so called life......

    Avatar
    Louisville, KY
    United States
    Member #15734
    May 20, 2005
    203 Posts
    Offline
    Posted: January 31, 2011, 5:04 am - IP Logged

    Will the banks allow for the online gambling?  As it stands now it is very difficult to charge any online gambling because it is illegal. Should this measure pass then the banks are going to have to rewrite their rules.Will there be an extra fee charged by the bank or the Lottery Commission for doing this transaction online?

    1. The UIGEA (Unlawful Internet Gambling Enforcement Act) specifically exempted lotteries from the ban on gambling transactions. That being said, banks will end up probably treating the charge as a "cash advance" rather than a purchase, since the possible outcome of the wager is cash, or just declining the transaction altogether, as their excuse will be "it creates fraud and other liabilities."

    But, if they choose to go the cash advance route, therein lies a problem... they can't tack on an extra fee for ticket purchases as, IIRC, most (if not all) lotteries explicitly ban the charging of a price higher than the face value of a ticket for its purchase. The banks will end up doing this anyway and a legal battle will probably ensue creating a mess for years.

    How will these tickets be printed out and verified should something happen to them?

    Will retailers honor these tickets when it is time to cash them in, since they will probably be printed on regular paper?


    2. As for the tickets, they will probably be stored in some form of e-wallet or online account. Winning tickets will probably be credited to this account (as the National Lottery in the UK currently does), and the winner can request a check payment if the winnings are over a certain amount. Retailers will probably never have to deal with people printing out winners and attempting to cash them in, as it would be much simpler for it to all be done electronically.

    If someone hacks my computer or the Lottery Commission's system and steals a winning ticket, how will I prove that I purchased the winning ticket and not the thief?

    3. I'm certain identity checks will go into place well before anyone would have a chance to steal a winning wager. Cashouts above a certain amount would still require the winner (I would hope) to appear in person and verify their identity to a real person in order to receive payment. Hacking could easily be traced by IP address, or even software (like an activeX control) that could be placed on the user's PC. Any logins being attempted from a different computer or IP address would lock the account and it can only be unlocked by placing a call to the lottery and verifying your information, along with some sort of physical verification, like a return phone call to the number specified in the account. If it fails the verification, it would be somewhat obvious that someone is trying to steal the information. Of course, proof could also be had by your credit/debit card statement.

      Avatar
      atlanta,ga
      United States
      Member #87728
      March 2, 2010
      43 Posts
      Offline
      Posted: January 31, 2011, 11:12 am - IP Logged

      Very good line of questioning.......

        savagegoose's avatar - ProfilePho
        adelaide sa
        Australia
        Member #37136
        April 11, 2006
        3300 Posts
        Offline
        Posted: February 1, 2011, 12:50 pm - IP Logged

        yes as i recall my  interstate ticket purchases where billed as cash advance on credit card

        2014 = -1016; 2015= -1409; 2016 JAN = -106; FEB= -81; MAR= -131; APR= - 87: MAY= -91; JUN= -39; JUL=-134; AUG= -124; SEP = -123; OCT= -84  NOV=- 73 TOT= -3498

        keno historic = -2291 ; 2015= -603; 2016= JAN=-32, FEB= +12 , MAR= -86, APR = -77. MAY= -48, JUN= -29, JUL=-71; AUG = -52; SEPT= -43; OCT = +56 NOV = -33 TOT= -3297

          Avatar
          Monkey Butt, USA
          United States
          Member #54569
          August 23, 2007
          1124 Posts
          Offline
          Posted: February 1, 2011, 2:00 pm - IP Logged

          Will the banks allow for the online gambling?  As it stands now it is very difficult to charge any online gambling because it is illegal. Should this measure pass then the banks are going to have to rewrite their rules.Will there be an extra fee charged by the bank or the Lottery Commission for doing this transaction online?

          1. The UIGEA (Unlawful Internet Gambling Enforcement Act) specifically exempted lotteries from the ban on gambling transactions. That being said, banks will end up probably treating the charge as a "cash advance" rather than a purchase, since the possible outcome of the wager is cash, or just declining the transaction altogether, as their excuse will be "it creates fraud and other liabilities."

          But, if they choose to go the cash advance route, therein lies a problem... they can't tack on an extra fee for ticket purchases as, IIRC, most (if not all) lotteries explicitly ban the charging of a price higher than the face value of a ticket for its purchase. The banks will end up doing this anyway and a legal battle will probably ensue creating a mess for years.

          How will these tickets be printed out and verified should something happen to them?

          Will retailers honor these tickets when it is time to cash them in, since they will probably be printed on regular paper?


          2. As for the tickets, they will probably be stored in some form of e-wallet or online account. Winning tickets will probably be credited to this account (as the National Lottery in the UK currently does), and the winner can request a check payment if the winnings are over a certain amount. Retailers will probably never have to deal with people printing out winners and attempting to cash them in, as it would be much simpler for it to all be done electronically.

          If someone hacks my computer or the Lottery Commission's system and steals a winning ticket, how will I prove that I purchased the winning ticket and not the thief?

          3. I'm certain identity checks will go into place well before anyone would have a chance to steal a winning wager. Cashouts above a certain amount would still require the winner (I would hope) to appear in person and verify their identity to a real person in order to receive payment. Hacking could easily be traced by IP address, or even software (like an activeX control) that could be placed on the user's PC. Any logins being attempted from a different computer or IP address would lock the account and it can only be unlocked by placing a call to the lottery and verifying your information, along with some sort of physical verification, like a return phone call to the number specified in the account. If it fails the verification, it would be somewhat obvious that someone is trying to steal the information. Of course, proof could also be had by your credit/debit card statement.

          After reading your answers to the questions posted, I think I will stick to purchasing my tickets at the store.

          I find that I rather enjoy the feel of cash in my hand and I know that the financial institutions will fee the online ticket purchaser up the yin-yang.

          Plus I prefer to have a real ticket in my possession.

            savagegoose's avatar - ProfilePho
            adelaide sa
            Australia
            Member #37136
            April 11, 2006
            3300 Posts
            Offline
            Posted: February 7, 2011, 5:51 am - IP Logged

            well one more state out here in aust. have added online sales, of course its inside state only purchases. kinda like the mob  deciding not to move in on ea others rackets.

             

            here is a video presentation on how they run things

             

            http://www.lotterywest.wa.gov.au/play-online/play-online-demo-video

            2014 = -1016; 2015= -1409; 2016 JAN = -106; FEB= -81; MAR= -131; APR= - 87: MAY= -91; JUN= -39; JUL=-134; AUG= -124; SEP = -123; OCT= -84  NOV=- 73 TOT= -3498

            keno historic = -2291 ; 2015= -603; 2016= JAN=-32, FEB= +12 , MAR= -86, APR = -77. MAY= -48, JUN= -29, JUL=-71; AUG = -52; SEPT= -43; OCT = +56 NOV = -33 TOT= -3297

              butterflykt's avatar - Lottery-043.jpg

              United States
              Member #102743
              December 25, 2010
              108 Posts
              Offline
              Posted: February 8, 2011, 9:47 am - IP Logged

              Online gambling is illegal here in Washington State, but hopefully it will help there revenue.

              All things are possible to those that believe!!!!!!Wink