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Pennsylvania lottery wins to be taxed, if legislation passesNews Story
Winning the Pennsylvania Lottery may be a little less lucrative in a proposal that would allow the state to take a share of the jackpot through income tax. Currently, such winnings are exempt from the state's personal income tax. What does that mean in practice? Let's use January's $1.5 billion Powerball jackpot as an example. For those who opted for the hypothetical lump sum the final $1.6 billion take was split between three winners of about $940 million, the feds would withhold a com
Mar 15, 2016, 4:02 pm - Todd - Lottery News

State senator wants to repeal Arkansas LotteryNews Story
A state senator who wants to abolish Arkansas' new lottery is scheduled to present her case Wednesday to a legislative panel. Sen. Sue Madison, D-Fayetteville, will ask the House and Senate committees on state agencies and governmental affairs to adopt her proposal for an interim study to repeal the authorization for state lotteries under the Arkansas Scholarship Act. The committee chairmen were cool to the idea. The important message that I'm really wanting people to get ... is that
Dec 2, 2009, 9:00 am - Todd - Lottery News

Texas legislature defeats Internet lottery billNews Story
An Internet search for online gambling netted 9 million hits Wednesday, but Texas House members nixed hopes that one of those might lead to the Texas Lottery.Lawmakers, seeking ways to help fund the state budget, rejected a measure, 89-52, that would have raised as much as $275 million more a year by allowing the lottery to debut on the Internet.Passions rose in an unpredictably bipartisan fashion as lawmakers debated the virtues and vices of expanding gambling to pay for better education, hea
May 6, 2005, 10:24 am - Todd - Lottery News

Texas closer to selling lottery tickets onlineNews Story
Texas would become the first state to sell lottery tickets online under legislation has received approval by a state legislative panel.Under the bill approved by the state House Appropriations Committee on Monday, players also would be able to pay for lottery tickets with a debit card and establish a Texas Lottery Commission account that would draw down as they bought tickets.Players also could also establish a Texas Lottery Commission account that would draw down as they purchase tickets.House
Apr 26, 2005, 12:11 pm - Todd - Lottery News

Poll: Most Baptists Oppose N.C. LotteryNews Story
More than half the respondents to a Baptist web poll want any North Caolina lottery proposal killed in the state legislature.Responding to a question asking how they would urge their legislators to respond to a proposal for a state-operated lottery in North Carolina, 56 percent of respondents to the poll at www.northcarolinabaptists.org said they want lawmakers to kill a lottery by vote in the legislature.Another 42 percent of respondents would have their representatives in state government prov
Mar 25, 2005, 10:56 am - Todd - Lottery News

Tenn. lottery could net $70 million more than expectedNews Story
The Tennessee lottery could make at least $70 million more than what is needed to fund college scholarships this year, and Gov. Phil Bredesen wants to budget most of the extra for prekindergarten programs.Chief lottery sponsor Sen. Steve Cohen estimates the lottery will have $70 million to $100 million left over after paying for college scholarships this year. He and Bredesen agreed this week to support giving 80 percent of that to prekindergarten programs and 20 percent to after-school programs
Jan 12, 2004, 6:33 am - Todd - Lottery News

Arkansas Lt. Gov. pushes lottery proposalNews Story
Four times members of Lt. Gov. Bill Halter's staff have traveled to various corners of Arkansas to speak about the lottery proposal. When college has never been more important to Arkansas, it's also never been more expensive. Halter says Arkansas needs more college graduates. And the way to fund that is to keep some of the dollars flying out of Arkansas to neighboring states lottery games. Halter says, In Texas alone they raised more than a billion dollars for education last year off of t
Jul 15, 2008, 6:54 pm - Todd - Lottery News

Arkansas lottery surfaces againNews Story
The Arkansas Supreme Court's order to boost funding for public schools could bring proposals for a state lottery front and center again. At least two candidates for statewide office are touting a lottery as the way to solve funding shortfalls, and a legislator and long-time supporter of a lottery said he may push for such an initiative during a special session. Newly announced gubernatorial candidate Bill Halter, a Democrat, used his announcement speech to call for a lottery to pay for e
Feb 7, 2006, 10:15 am - Todd - Lottery News

Illinois Lottery exploring Internet sales againNews Story
Could keno be out and Internet lottery in?A proposal from last spring to authorize Internet sales of Illinois lottery tickets popped up again Thursday, a week after Gov. Rod Blagojevich unveiled a controversial initiative to include keno in the lottery as a way to finance school construction bonds.A Blagojevich spokeswoman said the governor was not backing off the keno proposal but seemed to hedge her bets. We are willing to consider other ideas from the General Assembly, Rebecca Rausch said.Th
Jan 20, 2006, 10:57 am - Todd - Lottery News

Brock defends lottery oppositionNews Story
North Carolina State Sen. Andrew Brock, R-Davie, continues his strong opposition to a statewide lottery while pushing a proposal to move the start of the public school year to after Labor Day.The revenues saved in not having to air-condition schools in August and the extra tourism dollars generated in North Carolina during those same weeks would equal or exceed the proceeds from a lottery, Brock said.Brock said he doesn't trust any politician who says lottery proceeds will go to education. A lot
Aug 29, 2003, 11:23 am - Todd - Lottery News