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Court rejects Colorado man's claim to full $4.8M lottery jackpot he unwittingly split with scammersReply
Anyone who's not a moron should understand that the only reason this guy won anything was because his numbers were fraudulently selected as the winning numbers. That means that the court reached the reasonable decision, but they got there the wrong way. The lottery and Massihzadeh both entered into the contract believing that the drawing, and therefore the winning and distribution of the prize, was fair. As we now know that belief was a mutual mistake, unless one of the parties knew at the ti
Jun 21, 2019, 1:20 pm - KY Floyd - Lottery News

Mega Millions sets world record with $1.6 billion lottery jackpot for Tuesday drawingReply
Its like you signed a top-level NBA contract for 30 years. Westbrook makes 41 mil a year and his contract is for five years. I would still take the lump sum for many reasons, including estate taxes.
Oct 20, 2018, 12:57 pm - benjibanks - Lottery News

Aunt threatens to sue nephew over lottery jackpotReply
I am not sure what you mean by contract law. You have a legal expect quoted in the article who did not rule out verbal agreements. This is not a small claims case so the money involved has little to do with the type of law applied. We are waiting to see what supercedes only...the signature or the verbal dialogue. There clearly was not a meeting of the minds on any contract.
Jul 16, 2018, 6:13 pm - Artist77 - Lottery News

Details of new Illinois Lottery manager deal kept secretNews Story
As the Illinois Lottery edges closer to finalizing a massive deal with a new private manager, the state and the firm have chosen to keep many of the details secret despite past pledges of transparency. The deal includes a tiered incentive system in which the new firm, Camelot Illinois, would be paid bonuses for exceeding various profit levels, documents show. But the proposed dollar amounts are not included. That was among the few bits of information in the heavily redacted records the sta
Oct 4, 2017, 9:01 am - Todd - Lottery News

Florida Governor appeals loss in lottery caseNews Story
Florida Gov. Rick Scott is moving ahead in his legal battle with House Speaker Richard Corcoran over the state-run Florida Lottery. The Scott administration on Tuesday appealed a ruling that found that lottery officials lacked the legal authority to approve a 15-year contract worth more than $700 million. Corcoran sued the state's lottery secretary in February, arguing the contract with IGT Global Solutions to run lottery games is illegal, because it exceeds the Florida Lottery's authorize
Mar 28, 2017, 4:10 pm - Todd - Lottery News

Judge rules NJ couple's lottery annuity payments can't be taxed retroactivelyReply
There's no reason this case would set a precedent, since it turned on long established principles of contract law. The deciding factor was that in exchange for buying a lottery ticket the state promised that any winnings wouldn't be subject to state taxes, and they can't unilaterally change the terms of the contract.
Oct 18, 2016, 12:05 am - KY Floyd - Lottery News

California store owner sues customer for half of $1M lottery prizeReply
The state lottery is equally at fault here besides the crooked store owner. The state lottery needs to word the contract with the various retailers to limit their role to selling tickets and cashing winners and any other sort of lottery transactions with a customer (advancing money, having them sign anything, etc.) would be in violation of their written lottery retailer agreement. Then if a store owner tries this again, you cannot enforce an illegal act (in violation of their contract).
Mar 9, 2015, 5:06 pm - Artist77 - Lottery News

Will the Puerto Rico Powerball winner pay Federal tax? Nobody knowsReply
Ex post facto applies only to criminal laws. If you do something on Monday and a law makes it illegal on Tuesday you haven't committed a crime and can't be prosecuted for what you did on Monday. Similarly, if you did something that was a misdemeanor on Monday and a law that takes effect on Tuesday makes it a felony, you can only be charged (and penalized) under the old law that makes your crime a misdemeanor. Several years back the state of NJ passed a law somewhere around summer that retroac
Feb 17, 2015, 12:58 pm - KY Floyd - Lottery News

Florida Lotto reaches its largest jackpot in 12 yearsReply
The monster jackpots are like that of the headliner Quarterback Contract signings in the NFL. If a top tier QB signs a contract for 5 years $100 million dollars or so, it sounds massive, but in reality only $35 million or so is actually gauranteed money.
Aug 18, 2013, 1:25 pm - Goteki54 - Lottery News

Another lottery contract is under the D.C. Council's microscopeReply
They need to scrutinize the contract before they can implement the transactions. I hope their deal will benefit each other. They have to come up with a good proposition for the fast approval of the contract.
Jul 16, 2013, 11:31 am - jamella724 - Lottery News