Q&A with the CT Lottery CEO

Comment #5

pumpi76 — Wed, 15 Apr 2009 06:36:57 GMT

That is a great idea, johnybegood, is a wonderful idea....thanks for mentioning it...

Comment #4

JonnyBgood07 — Wed, 15 Apr 2009 00:43:54 GMT

The new game Lucky4Life was their answer to increase revenue in these tight times in CT.They could give the 1billion profit a run for it's money if they made the stakes even higher...charging $2 per ticket is a load of s*it for the way they have it now....they should've upped the ante and made the jp a rolling one...start it out at 2grand a week for life ...and progress it another thousand or so till someone hits...THAT would have mouths foaming and surrounding states jumping at the chance thus... [ More ]

Comment #3

pumpi76 — Tue, 14 Apr 2009 20:32:03 GMT

But 1 game will not make the State raise its revenue to 1 billion dollars, is the right combination of games...The wrong combination of games and it causes people to lose interest....But it has to be done on a good economy because on a bad economy of course people will think twice before betting and sales may dip, but even on bad economies if the game is easy people will play....This people dont think, because who in a bad economy will want to go after a game with impossible odds if they know th... [ More ]

Comment #2

pumpi76 — Tue, 14 Apr 2009 19:47:21 GMT

Is there a lottery game out there that could generate $1 billion for the state in profit?

Is called West Virginia Cash25...Bussiness dealing should tell you that the more easy you make a game, the more players will want to play...And i am no bussiness mogul...

Look at the state of Virginia? Is the second easiest lottery with cash5 and they can give themselves the luxury of giving 2 million dollars as aggreggate money, what other state does that....

the 4 games that will generate the mo... [ More ]

Comment #1

charmed7 — Tue, 14 Apr 2009 13:54:37 GMT

Here in MI, I know that we have alot of winners, but they also say that

a percentage goes to education. Somebody is mishandling the funds.

They r closing 23 schools in Detroit, and the other neighboring counties

r having simular problems. MI unemployment rate is up there with CA

Too many people double dippin in the cookie jar. This recession is the result

of too many GREEDY people. And the average JOE, is taking the beating.

Q&A with the CT Lottery CEO

Lottery Post — Tue, 14 Apr 2009 13:36:07 GMT

The Hartford Business Journal recently conducted an interview of the Connecticut Lottery CEO.

Q: The lottery has a rich history in our country, dating back to the Revolutionary War when it was used to finance armaments. A legislator floated the idea of a super lottery for deficit reduction. Is there a lottery game out there that could generate $1 billion for the state in profit?

Currently, our revenues to the state exceed a quarter-billion dollars annually. It is unlikely that there exists... [ More ]