Georgia Lottery president/CEO announces retirement

Comment #11

Colt45ML — Sun, 19 Aug 2012 07:21:24 GMT

Makes sense. But still it is surprising that a record was set in an economy like this one. Maybe folks are buying tickets out of desperation. Maybe all these 25 and 50 dollar scratch offs along with powerball going up to 2 bucks a pop has something to do with it.

Comment #10

elect82 — Thu, 16 Aug 2012 12:49:28 GMT

Wow, I love it! You gave me my morning laugh, thanks

Comment #9

Todd — Thu, 16 Aug 2012 11:57:03 GMT

WHen the lotteries speak of 2012, they are speaking of FISCAL 2012, not the calendar dates. I believe fiscal 2012 ended in June.

Comment #8

Colt45ML — Thu, 16 Aug 2012 04:24:24 GMT

So the Georgia Lottery has already set a record 3.8 billion in sales for '12, and we aren't even 2/3 of the way through the year yet. What I want to know is if they are are taking in all these record amounts of funds, why are the Hope Schlorships being cut back so drastically? After all, that is one of the main beneficiaries of the Lottery. That was the main selling point when the lottery was first proposed here in Georgia. I wonder if our shady politicians up at the state legislature are reachi... [ More ]

Comment #7

Dr Lottery — Thu, 16 Aug 2012 02:04:44 GMT

Don't worry she is gonna give us a Big PAY OUT !! here in Georgia

Comment #6

bigboy90000 — Thu, 16 Aug 2012 01:39:40 GMT

After a lifetime of scamming people .Happy retirement.

Comment #5

tvboris — Thu, 16 Aug 2012 00:43:03 GMT

Here goes money from unclaimed power ball on June 29, 2011.

Comment #4

mcginnin56 — Wed, 15 Aug 2012 23:55:13 GMT

Being the shrew lottery director she was, she probably negotiated both options. She probably also arranged to have a free lifetime supply of

scratchers as one of her retirement perks.

Comment #3

whiteballz — Wed, 15 Aug 2012 23:46:26 GMT

I wonder if the HR department at the Georgia Lottery asked her if she wanted the lump sum payment or the annuity for her retirement.

Comment #2

TnTicketlosers — Wed, 15 Aug 2012 23:32:14 GMT

Oh no,that is the sadest news for Georgia players.No one will replace her.She is so good to the players,very supportive and kind hearted.I sure have seen alot of good and saw complaints too.But no state has the payouts that Georgia gives.To me that says alot about the person running it.

Comment #1

LottoPerro — Wed, 15 Aug 2012 23:30:35 GMT

May she have a very happy retirement.

Georgia Lottery president/CEO announces retirement

Lottery Post — Wed, 15 Aug 2012 21:07:52 GMT

Georgia Lottery Corp. President and CEO Margaret R. DeFrancisco announced publicly today that she will be retiring from her full-time position as head of the Lottery.

The Georgia Lottery's board of directors will conduct a search for DeFrancisco's replacement. She plans to stay through the transition, and a departure date is not imminent or immediate.

The Georgia Lottery has seen strong growth and funded the educations of hundreds of thousands of Georgians during Margaret DeFrancisco's te... [ More ]