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Legislators mulling changes to lottery lawNews Story
Plans to amend Tennessee's lottery law are already in the works, less than six months after the Legislature authorized the games.Rep. Chris Newton, R-Benton, who sponsored the lottery legislation in the House last session, has filed a bill that would lower - to a 19 on the ACT college entrance exam, instead of the current 23 - home-schooled students' eligibility requirements for lottery-funded scholarships.The legislation will be considered when the General Assembly returns to session in January
Nov 11, 2003, 4:33 am - Todd - Lottery News

Forming a Trust... any links to info?Reply
konanean estate does not end up in a trust. the deceased (settlor) placed it in a trust, and might have had a good reason. a trustee receives a fee for administering the trust, however, this is decided at the time the trust is formed and cannot be changed by the trustee arbitrarily. trustee's have a fiduciary responsibility and are bound by professional ethics. they are required to manage the assets in the best interests of the beneficiaries, they have no beneficial interest in the assets
Jul 2, 2003, 8:31 am - midwstrngirl - Lottery Discussion Forum

Backtesting and Simulating Lottery SystemsReply
Thanks for your thoughtful post bobby623. Don't you guys think it's time for you to put aside your personal animosities and get back to the question at hand? Personally, I'd appreciate some constructive comments regarding the role of 'substitution' as it applies to lottery strategies. If you start at the top of this thread that I initiated in an effort to conduct a discussion of backtesting and simulations, I think you will see that the problems are the result of interference from those
Apr 11, 2011, 8:12 pm - jimmy4164 - Mathematics Forum

What If someone wins and doesn't invest at all .Reply
The best advice is the one given to oneself. So here is the advice I give myself on this matter- The best person to manage my money is...MYself. I went down the stock path (it crumbled) I went down the Interest in a bank. THe bank foreclosed, vanishing my money's interest. Just because a bank is Federally Insured doesnt mean they pay you back any time soon. Try two years or more thru the paperwork system to get any of it back and of that they charge a fee for tracking down YOUR money. Real Es
Feb 25, 2011, 6:19 pm - TheGameGrl - Lottery Discussion Forum

I'm thinking of starting a lottery poolReply
I don't think Facebook would allow it. As I pointed out earlier the people HAVE to hand you the money and you can not send ANYTHING through the U.S. Mail system. Here is the United States Code: 39 USC 3005 (a) Upon evidence satisfactory to the Postal Service that any person is engaged in conducting a scheme or device for obtaining money or property through the mail by means of false representations, including the mailing of matter which is nonmailable under (!1) 3001(d), (h), (i),
Feb 1, 2010, 2:00 am - Jack-C - Jackpot Games Forum

LOttery Post's Popularity...Reply
Despite the huge interest in lotteries around the world, it still is just a narrow band within a very large spectrum of interests. Myspace dosen't have any one particular interest. It's anything and everything you can think of. It's just like Youtube . It's like saying a website about shoes. Everyone in the civilized world wears shoes, so why doesn't that site have a trillion members? Because it's still just a small piece of the whole. If the LP included not just the topics involving l
Feb 28, 2007, 6:16 pm - pacattack05 - Lottery Discussion Forum

Most corrupt US lotteryReply
There is no question that the states make a few extra bucks when they pay annuity prizes, but there's nothing evil about that. If the state invests the cash value of the prize in an annuity that pays 6%, and they can satisfy the annual prize payment using only 4%, the state makes and keeps the extra 2% of the interest generated. The prizewinner isn't out anything, as he still gets the full payment, but any superfluous interest amount helps to offset operating costs at the lottery or goes into th
Mar 15, 2006, 6:57 am - jim695 - Lottery Discussion Forum

Hoosier Lottery Email responseReply
Anti-Lottery Laws Prohibit Use of Mail to Promote LotteriesFederal statutes prohibit, among other things, the mailing or transportation in interstate or foreign commerce of promotions for lotteries or the sending of lottery tickets themselves. The text of the several statutes is set forth below. For a thoroughgoing analysis see Pic-A-State Pa., Inc. v. Reno, 76 F.3d 1294 (C.A.3 (Pa.), 1996). See also, the analysis and comments by Jeffrey Rodefer at Interstate Wagering Amendments.Title 18, United
Dec 9, 2005, 8:09 am - jim695 - Lottery Discussion Forum

Third N.C. Lottery commissioner resignsNews Story
Another member of the North Carolina State Lottery Commission has resigned, saying a potential conflict of interest has made it difficult for him to contribute to the panel.Gordon Myers was until recently a vice president for Ingles Markets and said he continues to have a financial interest in the business. He was worried that could create a conflict since Asheville-based Ingles may decide to sell lottery tickets.Myers submitted his resignation letter to commission chairman Charles Sanders late
Nov 15, 2005, 3:42 pm - Todd - Lottery News

Starting date for N.D. lottery is set for March 25News Story
North Dakota will begin selling Powerball tickets March 25, the director of the new state lottery said.The date, a Thursday, was suggested by Scientific Games International, the company that has been hired to supply computer terminals and other equipment for retailers to use in selling tickets.North Dakota's lottery will begin business by selling tickets to Powerball, a game that is played in 24 states, including Montana, South Dakota and Minnesota.Later next year, the lottery will begin offerin
Dec 10, 2003, 7:14 am - Todd - Lottery News