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Ohio Lottery investigating frequent winnersNews Story
The top lottery winners in Ohio have claimed hundreds of large prizes over the past decades, some in such short spans of time that it seemingly defies the odds and has prompted investigations by the Ohio Lottery. State lottery investigators track multiple-winners to look for retailers who are either stealing prizes for themselves or store employees turning in tickets for others wanting to avoid paying off debts. A local newspaper examined every prize claim of $600 or more going back to the
Sep 15, 2014, 8:29 am - Todd - Lottery News

Arkansas Lottery director hires core management staffNews Story
Outcry over high salaries; Director defends Ernie Passailaigue, who started his job two weeks ago as executive director of the Arkansas Lottery Commission, has been steadily hiring employees to fill core management positions, while defending the high salaries he is giving the new staff. Before the hiring commenced, a legislative committee signed off ealier this month on the newly hired lottery chief's plan to pay his top deputies more than $200,000 each. Passailaigue asked legislators t
Jul 15, 2009, 11:53 am - Todd - Lottery News

Setting up a trust to avoid gift tax?Reply
This might answer some questions regarding if its legal, its a paper from an attorney who is a specialist in this area, but remember it pertains to Texas law and each state is different, I don't believe it addresses the IRS, I am sorry if its a long post but I am not aware of an attachment link- TRANSFERS OF PROPERTY Many asset protection techniques involve an evaluation of the ownership of property available to satisfy claims. In many circumstances, a debtor's assets available to c
Dec 14, 2007, 9:38 pm - TexasDreams - Lottery Discussion Forum

Divide and Conquer: Meet the Lottery TitansNews Story
Enveloped in neon lights, murmuring crowds and the tinny melody of computerized games, a convention center showroom here bears the trappings of a Las Vegas casino. But the players, mostly state employees sporting suits and name tags, haven't come to this annual expo to gamble. Instead, they are sampling the wares of one of government's biggest cash cows: lotteries, which rang up about $202 billion in sales last year in the United States and overseas. Amid sales pitches and glad-handing, there
Oct 20, 2007, 9:57 pm - Todd - Lottery News

Lottery winner goes from rags to riches to ragsNews Story
For David Lee Edwards, winning the lottery was a wild rocket ride In the fall of 2006, David Lee Edwards and his wife, Shawna, decorated their front door for Halloween. But if trick-or-treaters made it to the couple's home, a storage unit in Riviera Beach, no plastic ghost was as scary as what they'd have found inside: two pale, withered junkies from Kentucky living amid dirty clothes, rotting food, and their own filth. And these were lottery winners. Today, with David on what could be
Aug 22, 2007, 9:57 am - Todd - Lottery News

Record lottery winner's wealth cost him dearlyNews Story
It was coming up on Christmas, and Brenda-the-biscuit-lady was inexplicably happy as she walked to work in the predawn darkness. Brenda didn't just make biscuits over at the C L Super Serve for $6 an hour. She served up good cheer. How you doin', honey? she'd greet customers, with such enthusiasm that they had no choice but to smile back. Dad-gonnit, you are growing up on me! she'd call to schoolchildren, just to see them grin. What grade you in now? At 39, Brenda Higginbotham didn't have muc
Jan 31, 2005, 9:36 am - Todd - Lottery News