N.C. lottery director says lower payouts could hurt sales

Comment #30

NCPicks — Thu, 16 Mar 2006 20:13:43 GMT

I agree.Tenaj,you go girl

Comment #29

NCPicks — Thu, 16 Mar 2006 20:08:01 GMT

Quote: Originally posted by CASH Only on March 16, 2006Quote: Originally posted by NCPicks on March 16, 2006The payouts are 50% by law.Check your sources.

NY Rotto pays back only 38%-40%. Are you sure NC will pay 50%?

As I said the NC lottery will pay out 50% by law.You are welcome to check NC House bill 1023. As they say on the X-files...the truth is out there.

Comment #28

DoubleDown — Thu, 16 Mar 2006 20:06:00 GMT

Exit 79 ( Dave Lyle Blvd )

Going South, exit to the right and the Petro Express is on the right beside Wendys.

BTW, their gas prices are pretty good too.

Comment #27

Tenaj — Thu, 16 Mar 2006 19:34:46 GMT

It was more embarrassing and horrible when we didn't have a lottery. Which one would you like to have? no lottery at all or a bunch of ignorant people fumbling and putting together something horrible to the point of embarrassment?

The scratch off tickets are featured in the local section of the Charlotte Observer today.

GOOD LUCK

Comment #26

CASH Only — Thu, 16 Mar 2006 19:21:59 GMT

NY Rotto pays back only 38%-40%. Are you sure NC will pay 50

Comment #25

NCPicks — Thu, 16 Mar 2006 16:13:36 GMT

The payouts are 50% by law.Check your sources.

Comment #24

Just6ntlc — Thu, 16 Mar 2006 16:11:22 GMT

I'm disappointed that NC is only paying out 35% in sales. I was hoping at least 50 to 55%.

Comment #23

NCPicks — Thu, 16 Mar 2006 16:05:44 GMT

Quote: Originally posted by BevsPicks on March 13, 2006DoubleDown,

All we can do is wait and see. One other point. It seems ant most states begin their new lotteries with Pick 3 and Pick 4, sometimes they will a a Pick 5 game and THEN add a nationwide 6 digit game. Is NC just determined to do things backwards. It doesn't matter to me that they went through a whole lot to get the lottery. Like I said before I will remain a South Carolina lottery patron. I used to drive to the border to buy... [ More ]

Comment #22

BevsPicks — Mon, 13 Mar 2006 23:09:11 GMT

DD,

Whick Rock Hill exit is that?

bev

Comment #21

DoubleDown — Mon, 13 Mar 2006 21:17:36 GMT

Yep...

There's a good store( sold quite a few big winners ) in Rock Hill.

It's the Petro Express on the same exit with Target, Hilton Garden Inn, Olive Garden, etc...

I got my PB tix there Friday and hit for $30.

DD

Comment #20

BevsPicks — Mon, 13 Mar 2006 20:56:43 GMT

DoubleDown,

All we can do is wait and see. One other point. It seems ant most states begin their new lotteries with Pick 3 and Pick 4, sometimes they will a a Pick 5 game and THEN add a nationwide 6 digit game. Is NC just determined to do things backwards. It doesn't matter to me that they went through a whole lot to get the lottery. Like I said before I will remain a South Carolina lottery patron. I used to drive to the border to buy megamillions in Fancy Gap. I would always take some S... [ More ]

Comment #19

DoubleDown — Mon, 13 Mar 2006 20:33:19 GMT

I travel into both states, but live <20 miles from the exit where I get my SC tickets.

If there appears to be an advantage to buying in SC, I will take it......

Comment #18

BevsPicks — Mon, 13 Mar 2006 19:47:17 GMT

Cash Only, hadn't thought of that one. You are very right. I hope they don't do that. I think this would also be to their disadvantage.

Comment #17

CASH Only — Mon, 13 Mar 2006 19:22:22 GMT

If NC pays less than 50% straight/48% box (eg $40/$80), it won't surprise me if it uses pari-mutuel payouts to disguise the differences. California, Massachusetts, and New Jersey AFAIK are the only states with pari-mutuel Pick-3/4 payouts.

Comment #16

tony95 — Mon, 13 Mar 2006 15:57:10 GMT

TN only pays out 54%, I guess that's why I stopped buying scratch-offs.

Comment #15

BevsPicks — Sun, 12 Mar 2006 22:40:00 GMT

It's a funny thing. I've been telling folks thAt North Carolina was going to be stingy with their payouts for scratch-offs long before I read this article. I also told them that South Carolina had one of the best payouts in the country. Now I have positive proof that this is so. I live about 5 minutes from the Souch Caroilna border and will continue to play in South Carolina, Pick 3, Pick 4, Powerball, Caroina 5, AND scratch-off tickets! And yes I DO LIVE IN NORTH CAROINA! After tne newness... [ More ]

Comment #14

NCPicks — Sun, 12 Mar 2006 19:22:31 GMT

A lot of you are ignoring the amount of negative publicity that the lottery has had to endure just to get off the ground.Do you think the house would have pass the lottery bill if the payout were over 50%?No way.This lottery has had to fight it's way up hill right from the start.Let's get the games running before everybody starts crying about payouts.There's no law that says the games can't be tweeked later on.It was the most important thing to get the lottery passed,first.

Comment #13

CASH Only — Sun, 12 Mar 2006 18:53:38 GMT

It will be very interesting to see what the prize return is for pick-3 and pick-4. Doesn't sound like NC will ever pay 60% like some states do.

Comment #12

Kidzmom — Sun, 12 Mar 2006 16:15:53 GMT

Va and SC won't lose any money off NC

Comment #11

anniep2 — Sat, 11 Mar 2006 00:23:57 GMT

Lucky for me I guess, the company I work for makes deliveries in VA SC. Thank God! Once a month, 20 bucks goes north and 20 bucks goes south. I'm still gonna send that 20 bucks up north without fail. What a bunch of idiots! I'm so embarrassed! Folks everywhere were laughing at us being the only state on the east coast without a lottery, now they're going to be laughing again. Y'know, I guess we've done it to ourselves. Someone recently posted we should call out lottery ... we's gamblin now... [ More ]

Comment #10

Tenaj — Fri, 10 Mar 2006 22:49:44 GMT

It was posted for the benefit of those who had crossed state lines from NC, like I had done. I chuckled.

Comment #9

Chewie — Fri, 10 Mar 2006 22:41:56 GMT

What Rocket Scientist figured out lower payouts will result in lower sales? Can I get a copy of that brilliantly analyzed document

Comment #8

Tenaj — Fri, 10 Mar 2006 22:20:26 GMT

Went to SC today and they have signs on the registers announcing that there will be lower pay outs in NC.

Comment #7

pamelab — Fri, 10 Mar 2006 13:13:07 GMT

anniep, what is wrong with our home state?? Its like a bunch of ignorant people fumbling and putting together something horrible. NC have fumbled this ball so much, its embarassing

Comment #6

anniep2 — Fri, 10 Mar 2006 03:17:44 GMT

Good grief! We have some of the highest gas prices in the nation, now good ole NC is dipping in to our lottery profits. How embarrasing! Guess those Virginia trips are still a go.

Comment #5

CASH Only — Thu, 09 Mar 2006 17:21:24 GMT

Quote: Originally posted by qutgnt on March 9, 2006 Ive been saying this all along. Higher paybacks means more net income as more people will play. But states love to be stingy. And since you get taxed on winnings, more people will win so you will sort of get that increased payback money a bit back anywhere through the back door. Why would people play lotteries that payback 50% when you can go to the horsetrack and get 80% back or the casino and get 90%+ back?

NY Rotto pays back only 38%-40%.... [ More ]

Comment #4

Tenaj — Thu, 09 Mar 2006 16:55:35 GMT

State Sen. Tony Rand, D-Cumberland, said he doesn't recall how the 35 percent requirement made its way into law, but says he wouldn't object to a revision if it would mean more money for schools.

A legal way for the grabbers to get their cut.

Comment #3

sario — Thu, 09 Mar 2006 16:21:10 GMT

people will play nc lottery. will they have pick 3

Comment #2

qutgnt — Thu, 09 Mar 2006 13:46:00 GMT

Ive been saying this all along. Higher paybacks means more net income as more people will play. But states love to be stingy. And since you get taxed on winnings, more people will win so you will sort of get that increased payback money a bit back anywhere through the back door. Why would people play lotteries that payback 50% when you can go to the horsetrack and get 80% back or the casino and get 90%+ back

Comment #1

DoubleDown — Thu, 09 Mar 2006 12:21:41 GMT

Why am I not surprised

N.C. lottery director says lower payouts could hurt sales

Lottery Post — Thu, 09 Mar 2006 12:18:00 GMT

The law requiring the North Carolina lottery to return at least 35 percent of all ticket sales to state education programs could inhibit sales and ultimately cost the state money, according to the lottery's executive director and other experts.

To meet the requirement, North Carolina will pay out less to winners than neighboring states offer. Tom Shaheen, director of the state lottery and a past president of the North American lottery trade association, said that could mean fewer tickets ar... [ More ]