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How NC lottery ticket swappers avoid taxes, scrutinyNews Story
Reselling winning lottery tickets known as ticket discounting can be profitable for both parties. Buyers claim prizes and sellers go undetected by the government. Some sellers owe back taxes or child support, money automatically withheld from lottery winnings. Others may simply want to remain anonymous. Here's a look at how the practice works: In Florida, a man told investigators that he teamed up with several retailers who bought tickets from customers. He cashed the tickets, clearing
Oct 1, 2016, 9:36 am - Lottery News

Texas Lottery shatters records with $5 billion in salesNews Story
The Texas Lottery announced that it has achieved $5.068 billion in sales for fiscal year 2016, breaking the sales record it set just last fiscal year and resulting in a total contribution of $1.392 billion to Texas, the single largest annual transfer of revenue to the state. In celebration of the record sales and revenue, the Texas Lottery unveiled a new billboard today at an event at Texas Lottery headquarters in Austin. This is the first time in our history that we have generated more t
Sep 30, 2016, 10:08 am - Lottery News

Report: Ohio Lottery should make changes to organizationNews Story
Changes could be coming for the Ohio Lottery, including adding electronic table poker, online gaming, and a greater variety of instant tickets. Those are among the recommendations from Spectrum Gaming Group, a New Jersey research and professional services firm, hired by the Kasich administration to produce a business assessment of the Ohio Lottery, now 42 years old. The study cost $601,600, according to documents from the Department of Administrative Services. The lottery should become a q
Sep 26, 2016, 8:51 pm - Lottery News

Ontario Lottery scraps privatization planNews Story
The Canadian province of Ontario has scrapped plans to privatize its state-run lottery business. In a statement issued on Friday, the Ontario Lottery and Gaming Corp (OLG) announced that it had cancelled its request for proposals (RFP) for private operators interested in taking over management of its lottery operations, which generated sales of C$3.8b (US$2.9b) in fiscal 2015-16. Ontario's ruling Liberal government had issued the RFP in 2014, which generated bids from established gaming co
Sep 26, 2016, 8:38 pm - Lottery News

Lottery-winning couple 'defrauded' by tax businessNews Story
Includes video report A husband and wife who won big off a 2014 Illinois Lottery scratch-off say they don't want what happened to them to happen to anyone else. Rafael Borsas says he and his wife, who make less than $80,000 a year, went to a nearby Key Express Tax service to have their taxes prepared for them. Instead of being charged $160 for a 1040 single family house owners service, they were overcharged nearly $2,000: $300 for income tax and $1,700 for a gambling bonus. The commissi
Sep 6, 2016, 11:44 am - Lottery News

Alabama lottery vote manuevering fractures Republican caucusNews Story
Two senators have resigned from the Senate Republican Caucus in the wake of last week's vote to approve a statewide lottery, citing policy differences and claiming senate leaders violated their own rules in an effort to muscle the bill through. The bill, which was approved by a margin of 21-12, would send $100 million of lottery revenue each year to Medicaid, which is facing a $70 million shortfall this year, with the rest going to the General Fund. The bill endured a filibuster on the sen
Aug 24, 2016, 10:18 am - Lottery News

Alabama lottery bill faces battle in HouseNews Story
Senators thought the lottery proposal they approved Friday directed 10 percent of the revenue toward Alabama's education budget, but it doesn't. An amendment was added earlier Friday to Senate Bill 3 to give the education budget a slice of the lottery money. But a subsequent amendment to send the first $100 million in revenue to the state Medicaid agency, deleted the education allocation. Whether that amendment will get back into the bill is now unknown. I'm going to talk to the House
Aug 21, 2016, 8:03 am - Lottery News

Alabama Gov. releases legislation for lotteryNews Story
Alabama Gov. Robert Bentley has released the legislation for his proposed lottery to support the state budget. The three-page bill, a proposed constitutional amendment, says lottery proceeds would go to the state General Fund. A copy of the bill is linked in the Related Links section below. It also calls for the establishment of a lottery commission to run the lottery. The commission would have seven members. They would be appointed by the governor and confirmed by the state Senate. The
Aug 8, 2016, 8:15 am - Lottery News

British Columbia Lottery taking bets on US electionNews Story
Who says Canadians can't participate in US elections? No, they can't vote in US elections, but Canadians can place bets on who is going to win. The British Columbia Lottery Corporation has been taking bets on the 2016 U.S. election since early last year. It's become the most popular wager in an online gaming category the lottery calls novelty betting. The provincial lottery contracts with a global sportsbook based in Ireland to set the odds. BC Lottery spokesman Doug Cheng said the odd
Jul 26, 2016, 8:13 am - Lottery News

New survey destroys myth that poor Americans buy most lottery ticketsNews Story
Half of all Americans play the lottery New Gallup survey results have again debunked the popular myth created by anti-lottery crusaders that low-income Americans buy a disproportionate number of lottery tickets. Roughly half of Americans say they have bought a state lottery ticket within the last year, similar to the figures recorded in 2003 and 2007, but down considerably from the 57% who said they played the state lottery in 1996 and 1999. This trend has occurred even as the number of st
Jul 25, 2016, 2:07 pm - Lottery News