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NH Lottery may increase storeowners' lottery bonus

New Hampshire LotteryNew Hampshire Lottery: NH Lottery may increase storeowners' lottery bonus
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If someone walks into a New Hampshire corner store and walks away with a $160 million lottery ticket, the store owner's takeaway is capped at $30,000, the lowest such retail lottery cap in the United States.

The NH Lottery Commission would like to increase that possible retail jackpot to $75,000, a 150 percent raise, although it would still lag behind Massachusetts's $100,000.

Not that that those jackpot happen very often, mind you. A $3 million or more hit — enough to reach that cap — only strikes the Granite State once every five years, according to the fiscal note on House Bill 444. But that note was written before a $5.75 million Lucky for Life ticket was sold at a Manchester Hannaford supermarket on March 3.

Retailers make their money on nickels and pennies, literally: a nickel for every dollar of lottery tickets sold, and a penny for every dollar of winnings, with a few other incentives thrown in. All of those coins add up to about $16 million for retailers in total commissions, with another million or so for their share of the winnings.

However, even there New Hampshire is behind neighboring states. Maine pays 7 percent on ticket sales, and Vermont 5.75 percent, though they have the same low cap on big winnings. Massachusetts has a 5 percent base, but with that enticing higher cap.

So what's another $45,000 twice a decade?

"Nothing," said Charlie McIntyre, executive director of the NH Lottery Commission. "That's why it passed the Senate so easily."

HB444 was sponsored by Sen. Jeff Woodburn, D-Dalton, who in his former life as a journalist once wrote about how one storeowner shared his jackpot with employees.

"I've seen it happen all the time," McIntyre said. "They pay their taxes, and then the rest is found money. Everybody gets a bonus. It's nice," he said.

NH Business Review

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13 comments. Last comment 8 months ago by Slick Nick.
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Simpsonville
United States
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January 22, 2015
677 Posts
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Posted: March 25, 2016, 6:01 pm - IP Logged

Way to go NH, the first state in the Union with a lottery...called Sweepstakes way back when.  Shame in Washington State for taking away bonuses for retailers.

    music*'s avatar - nw bookeep.jpg
    Happy California
    United States
    Member #157856
    August 2, 2014
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    Posted: March 25, 2016, 6:13 pm - IP Logged

     Congratulations to New Hampshire! You are taking the high road and being generous. Keep it up.Shocked

     I've been rich and I've been poor. Believe me, rich is better. 

     Attributed to Joe E. Lewis and others

      Avatar
      NY
      United States
      Member #23835
      October 16, 2005
      3474 Posts
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      Posted: March 25, 2016, 6:23 pm - IP Logged

      "You are taking the high road and being generous."

      I don't know how anyone could read the article and come to that conclusion.  They're currently paying retailers about $17 million per year, and expect this "increase" to average out to about $9,000 per year. That's an increase of a whopping 0.052%. It's the equivalent of having a salary of $100,000 per year and having your boss tell you, "Congratulations! You're getting a raise of $1 a week." The catch is that all but 2 of the retailers in the state won't even get the dollar.

        HoLeeKau's avatar - YheaShea
        Idaho
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        Member #94283
        July 17, 2010
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        Posted: March 25, 2016, 6:41 pm - IP Logged

        "You are taking the high road and being generous."

        I don't know how anyone could read the article and come to that conclusion.  They're currently paying retailers about $17 million per year, and expect this "increase" to average out to about $9,000 per year. That's an increase of a whopping 0.052%. It's the equivalent of having a salary of $100,000 per year and having your boss tell you, "Congratulations! You're getting a raise of $1 a week." The catch is that all but 2 of the retailers in the state won't even get the dollar.

        It's the lottery!  Most of the retailers will get nothing extra.  The two per decade who sell the big winners will receive an extra $45K.  That's exactly how it works with players.  Many get nothing, a few get a huge jackpot.  And I bet the retailers who sell the big winners will appreciate the extra 150% bonus.

        Maybe this will make them get off their behinds and train clerks better so players are more likely to come buy tickets at their store, giving the stores themselves a better chance of winning the bigger bonus.

          sully16's avatar - sharan
          Ringleader
          Michigan
          United States
          Member #81740
          October 28, 2009
          40511 Posts
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          Posted: March 25, 2016, 10:48 pm - IP Logged

          " Every 5 years", don't think anyone is holding their breath waiting for the extra bonus.

          Did you exchange a walk on part in the war ?

          For a lead role in a cage?

           

                                                      From Pink Floyd's " Wish you were here"

            Coin Toss's avatar - shape barbed.jpg
            Zeta Reticuli Star System
            United States
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            January 17, 2006
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            Posted: March 25, 2016, 11:17 pm - IP Logged

            Once in every five years.....in the same state 'Steve Player' is....... 'do the math' on that.

            Those who run the lotteries love it when players look for consistency in something that's designed not to have any.

            Lep

            There is one and only one 'proven' system, and that is to book the action. No matter the game, let the players pick their own losers.

              Bondi Junction
              Australia
              Member #57242
              December 24, 2007
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              Posted: March 26, 2016, 8:35 am - IP Logged

              The New Hampshire Lottery could increase revenue by expanding it's subscription service.


              "To purchase a subscription via this Web site, both the purchaser and recipient must have New Hampshire mailing addresses."

              New Hampshire Lottery FAQ


              The neighboring state of Massachusetts offers a subscription service for Megabucks Doubler, which is available across the country.

              We all get a lot out of lotteries!

                mypiemaster's avatar - 2015021003pileofcash
                JACKPOT HUNTER

                United States
                Member #141034
                April 2, 2013
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                Posted: March 26, 2016, 9:09 am - IP Logged

                What are you guys waiting for? It's way overdue.

                Seek and ye shall find -Matt. 7:7 ...Ask and ye shall receive -John 16:24 ...Give and it shall be given unto you -Luke 6:38 ...Be careful what you ask for!!! -Mypiemaster 1:1

                Having Money Solves Problems That Not Having Money Creates Yes Nod ****John Carlton****

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                  Simpsonville
                  United States
                  Member #163189
                  January 22, 2015
                  677 Posts
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                  Posted: March 26, 2016, 9:59 am - IP Logged

                  The New Hampshire Lottery could increase revenue by expanding it's subscription service.


                  "To purchase a subscription via this Web site, both the purchaser and recipient must have New Hampshire mailing addresses."

                  New Hampshire Lottery FAQ


                  The neighboring state of Massachusetts offers a subscription service for Megabucks Doubler, which is available across the country.

                  True, and I've traveled to different states and even in person you cannot get a subscription ticket to the FEW states that offer it unless you have an address in that state from a Driver's license.  On a side note won $10 on Mega Millions in KY last night.  I never check my Massachusetts tickets, just wait for the check to come!

                    cbr$'s avatar - maren
                    Cordova,Al.
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                    January 15, 2011
                    4916 Posts
                    Online
                    Posted: March 26, 2016, 12:32 pm - IP Logged
                    It sound as if these New Hampshire Lottery retailers really deserve this raise. If 
                    If some of the store owners are share with their employees as a bonus this is 
                    great. 
                      noise-gate's avatar - images q=tbn:ANd9GcR91HDs4UJhjxO7cmeMQWZ5lB_FOcMLOGicau4V74R45tDgPWrr
                      Bay Area - California
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                      Posted: March 26, 2016, 2:15 pm - IP Logged

                      No such luck for that Washington State retailer who came away with nothing but a press conference. Given that these guys are forbidden to play the game, sounds fair that they be compensated accordingly. Two thumbs way up! 

                      People who say it cannot be done should not interrupt those who are doing it- George Bernard Shaw.

                        Bondi Junction
                        Australia
                        Member #57242
                        December 24, 2007
                        1102 Posts
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                        Posted: March 26, 2016, 7:18 pm - IP Logged

                        True, and I've traveled to different states and even in person you cannot get a subscription ticket to the FEW states that offer it unless you have an address in that state from a Driver's license.  On a side note won $10 on Mega Millions in KY last night.  I never check my Massachusetts tickets, just wait for the check to come!

                        One improvement I would like to see with Massachusetts subscriptions, would be to credit small prizes to subscription accounts.

                        Such credits could be used upon renewal, or cashed in later, as is the case with New York subscriptions.


                        It would be very convenient for subscribers, and more efficient for the lottery. A win-win!

                        We all get a lot out of lotteries!

                          Slick Nick's avatar - Lottery-035.jpg
                          Rochester
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                          January 1, 2011
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                          Posted: March 27, 2016, 8:20 am - IP Logged

                          A 30,000 payoff to the store owner for a 160 million dollar winning ticket speaks for itself. "GREED"!   I Agree!    This is the way of  corporate America.  Yes Nod   Lottery retailers have a lot to do. From dealing with customers to maintenance. Much less when the jackpot is big the long lines of people, attitudes, etc.. Bash   It's about time to cough up a few extra bucks Commissioner!   Smash

                          Money is a terrible master, but a great servant...Smile