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Georgia Lottery set to go broke without rules changeNews Story
If the rules for earning one of Georgia's coveted HOPE scholarships were a little stricter, student D-1 - as he was described to a legislative committee last week - never would have made the grade. He earned three A's and 11 B's during his high school career, but his other grades - 16 C's, two D's and one F - would have put the HOPE scholarship, which requires a B average, beyond his reach.But scholarship rules allowed administrators to ignore the F he made in algebra because other courses gav
Aug 5, 2003, 5:04 am - Todd - Lottery News

More Arkansas lottery details emergeNews Story
Depending on how much money it collects, Arkansas' state-run lottery could fund college scholarships ranging from $2,500 to $5,500 annually under a draft bill released to lawmakers Wednesday. Discussing the draft in a legislative committee meeting, House Speaker Robbie Wills, D-Conway, said he and the other lawmakers who have been working on the bill believe scholarship amounts should be tied to the performance of the lottery, which is still unknown. We believe the bottom line is this: Th
Feb 26, 2009, 7:52 am - Todd - Lottery News

New Mexico students rally against lottery proposalNews Story
Eastern New Mexico Universitys student body president, along with student leaders from across the state, are opposed to a change to the states lottery scholarship that won approval this week from the Commission on Higher Education.The commission this week, during a meeting in Santa Fe, approved a move that would take $2 million out of lottery reserves and use that money for need-based financial aid.Gov. Bill Richardson has proposed taking more than $2 million from the lottery scholarship for tha
Feb 9, 2004, 6:00 am - Todd - Lottery News

Marketing scholarships a challenge for Tennessee LotteryNews Story
Myron Oglesby-Pitts imagines advertisements for the Tennessee HOPE Scholarship on TV screens, billboards, hot-air balloons and buses.She can see herself and staff members driving a HOPE Hummer, a Humvee that could navigate the hills and valleys of the state's 95 counties, giving high school students and guidance counselors an impressive symbol of a college education made more affordable by lottery revenues.All of those things, she said, might be necessary to get the word out about requirements
Nov 3, 2003, 6:45 am - Todd - Lottery News

Tennessee Lottery may run short on scholarship funds in 2006News Story
Tennessee's lottery could be short of money to fund college scholarships within a couple of years if current projections of lottery revenue are correct, an analysis by the state treasurer has found.By the end of the 2006 fiscal year, the scholarship fund will be $13 million in the red, and the shortfall will be larger in subsequent years, the treasurer's analysis shows.This means legislators may have to cut the amount given for scholarships or tighten eligibility so fewer students receive them,
May 6, 2004, 7:51 am - Todd - Lottery News

N.M. acts to save Lottery scholarship fundNews Story
A lottery-financed college scholarship program is running out of money, and lawmakers are looking for a fix that won't hamper efforts to encourage young New Mexicans to attend universities and colleges in the state. The scholarship fund could be depleted by 2014 if nothing is done in the Legislature this session and tuition rates continue to rise sharply, according to the latest state projections. The Senate Education Committee unanimously endorsed a measure Wednesday that would shore up t
Feb 11, 2011, 9:30 am - Todd - Lottery News

Tennessee Governor proposes lottery scholarships for adultsNews Story
Students who don't take the traditional route to college also should be eligible for help from the lottery-funded scholarship program, Tennessee Gov. Phil Bredesen said.Bredesen said it is common for a student to take a year or two off from college before returning and finishing. He also said people returning to school later in life should have a chance at the scholarships. My fundamental belief of this country is that it is a 'second chance' country and you hate to lose somebody because they ca
Dec 9, 2004, 8:36 am - Todd - Lottery News

Tennessee Lottery amasses $200 million surplusNews Story
A $200 million state surplus of unspent lottery money is prompting some to call for Tennessee to increase the amount of the scholarships the lottery money funds.Currently, the Tennessee Lottery has turned over to the state a surplus of $200 million worth of unspent money the lottery has collected through ticket sales.Gov. Phil Bredesen and other officials say the surplus is necessary to support the scholarship program if it was to have a bad sales year.But state Sen. Steve Cohen (D-Memphis), a l
Nov 14, 2005, 8:57 am - Todd - Lottery News

Georgia benefits from huge Mega Millions jackpotNews Story
Extra Income Shoring Up HOPE ScholarshipGeorgia lottery players and residents of 10 other states will compete Friday night to win the Mega Millions jackpot, which stands at $222 million - the largest payday in the game's history.The drawing, which is usually broadcast live from the Midtown Atlanta studios of WSB-TV/Channel 2, will be held at Times Square in New York at 11 p.m.Lottery officials said the huge jackpot is good for the game, its players and the state. A record-breaking Mega Millions
Feb 20, 2004, 7:00 am - Todd - Lottery News

N.M. Lottery posts second-best yearNews Story
New Mexico legislators were told today that strong sales of in-state games helped drive the New Mexico Lottery to its second-best year of sales.Lottery Authority CEO Tom Shaheen said that sales of all games exceeded $139 million, while net revenues (profits) earmarked for the Lottery Success Scholarship program were $32.2 million, topping $30 million for the third straight year.All financial data for fiscal year 2005 are preliminary and unaudited.Shaheen, appearing before the Legislature's inter
Jul 28, 2005, 4:36 pm - Todd - Lottery News