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Tenn. Lottery bypasses rules to hire Memphis law firmNews Story
A Memphis law firm selected to provide legal counsel for the Tennessee Lottery was actually formed the day the selections were announced, and was chosen despite the fact that it did not meet minimum requirements outlined by the Lottery's board of directors.The Memphis-based, two-man firm of Spence Wade PLLC was one of the firms included in a consortium of four law firms chosen by the Nashville-based Tennessee Education Lottery Corp. to provide general legal services and corporate counsel in Au
Nov 26, 2003, 4:29 am - Lottery News

Ohio Supreme Court upholds state joining multistate lotteryNews Story
Ohio can participate legally in a multistate lottery but cant take profits from the lottery away from education, the Ohio Supreme Court ruled Wednesday in a decision that largely favored the state.Lottery opponents said the ruling could make it easier for Ohio to introduce electronic slot machines at racetracks.Ohio joined the Mega Millions game in May 2002. Virginia, Georgia, Illinois, Maryland, Massachusetts, Michigan, New Jersey, New York, and Washington also participate in Mega Millions draw
Nov 20, 2003, 6:57 am - Lottery News

Lottery fund may face changesNews Story
Two powerful Colorado legislators said they will push for changes in the state's management of the Conservation Trust Fund, a $43 million pot of lottery profits that is supposed to pay for parks and recreation.Meanwhile, the state auditor said Tuesday that she is moving forward with an audit of the fund. The auditor, Joanne Hill, may propose additional changes as early as January.Stories in The Denver Post on Nov. 9 and 10 outlined how the two chief pools of lottery profits that voters said must
Nov 19, 2003, 4:42 am - Lottery News

Special projects shrink lottery proceedsNews Story
Almost $1.8 billion worth of Georgia lottery proceeds that could have gone for HOPE scholarships has instead been spent on a long list of other projects, including museums, security fences and metal detectors, and renovations of historic buildings.And millions are still being spent for special scholarship programs that benefit a few private colleges favored by powerful lawmakers.Now, with HOPE facing a shortfall and a state commission looking for ways to rein in expenses, some officials wonder w
Nov 11, 2003, 5:00 am - Lottery News

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 - Lottery News

House approves spending unclaimed lottery jackpot on collegesNews Story
The Florida Legislature voted unanimously Thursday to direct $30 million from an unclaimed lottery jackpot to community colleges and state universities.A ticket sold in the Miami area last March was the sole winner of a $50 million jackpot, but nobody turned it in before a 180-day deadline. The total amount available from the jackpot is $30.1 million -- the same as if the winner took a lump sum payment instead of 30 annual payments.State law normally requires unclaimed winnings to be put back in
Oct 24, 2003, 3:51 am - Lottery News

Big lottery vendor dogged by controversyNews Story
GTECH expected to bid for online games in TennesseeScandal and suspicion have marked GTECH's 22 years in the lottery business. But so has spectacular success.The company, which is expected to bid on the Tennessee lottery's online games contract, helps run lotteries in 26 states and 42 other countries. Its revenues exceed $1 billion a year, spokesman Bob Vincent said.But GTECH, which is based in West Greenwich, R.I., also has run into trouble, especially in the 1990s. In Georgia, where Tennessee
Oct 20, 2003, 7:59 am - Lottery News

Russia's First Lottery Bill Moves to SenateNews Story
The State Duma on Friday passed in the third reading a bill on lotteries that will be Russia's first attempt at federally regulating the industry if approved by the Federation Council and signed by the president.The proposed law regulates the lottery industry in Russia by specifying types and standards of lotteries, rules for organizing lotteries, the system for exercising control over the organization of lotteries, the liability of lottery operators and other measures.Lotteries are divided into
Oct 20, 2003, 4:02 am - Lottery News

S.C. Lottery puts $20 million in education account in OctoberNews Story
The South Carolina lottery has transferred more than $78 million to education programs in the fiscal year that began July 1.The South Carolina Education Lottery says it deposited $20 million on Tuesday. Of that, more than $4.5 million was unclaimed prize money, which is earmarked for school buses and gambling addiction programs.The lottery again is on target to exceed forecasts. Through October, the games have produced 45 percent of the $173 million expected to be collected this fiscal year. We
Oct 16, 2003, 3:24 am - Lottery News

A Message to Florida Lottery Players From Secretary MattinglyNews Story
For the first time in Florida Lottery history, the largest unclaimed LOTTO jackpot will be transferred to the Educational Enhancement Trust Fund (EETF), pending Legislative Budget Commission approval later this month.The Florida Lottery supports our state's commitment to education. Besides this unclaimed jackpot, the Lottery has contributed more than $13 billion to education over the last 15 years, with a record $1 billion contributed last year alone. These monies have funded more than 167,000 B
Oct 10, 2003, 5:41 am - Lottery News