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Two Iowa Lottery executives leave on same day
Two vice presidents of the Iowa Lottery, which has been struggling to match last year's record profits, departed on the same day last week, and Lottery President Terry Rich isn't saying why they left. Molly Juffernbruch, who had been the lottery's general legal counsel, and Jack Schroeder, who had been vice president of operations and systems, both stopped working at the Iowa Lottery on Thursday, state officials confirmed. Both had worked for the state-run lottery for about four years, and
May 14, 2014, 10:07 am - Lottery News

Players snapping up Mass. Lottery's new $30 tickets
The Massachusetts State Lottery, following the lead of a handful of other states, has rolled out new scratch tickets at a significantly higher price $30 a pop saying there is a market for more costly games with the chance of bigger winnings. Since the new game was launched last Tuesday, bettors have snapped up more than $8 million in tickets, hoping to win one of the four $15 million instant jackpots or at least take home one of the 36 $1 million prizes. Dina William, who, along with her husb
Apr 29, 2014, 9:06 am - Lottery News

How lottery tickets are helping states' budgets
The scores of losing players in this week's $425 million Powerball jackpot did more than take an extremely long shot at getting rich. Their ticket purchases also helped fund a small but increasingly important part of their states' budgets. Changes in the nationwide Powerball and Mega Millions games have led to some of the world's largest jackpots in the last two years, boosting player interest and sales. Fueled by the growth of those games and the steady expansion of other offerings, many sta
Feb 24, 2014, 7:08 am - Lottery News

NY's Lotto no match for Powerball, Mega Millions
Lotto is still losing its mojo. New York's venerable twice-weekly Lotto drawing continues its long-term decline in an age of multi-state mega jackpots. Even as overall lottery revenues grew, receipts from Lotto dropped from $137.5 million in 2005 to a projected $44 million for the state fiscal year ending March 31, according to Gov. Andrew Cuomo's recent budget proposal. Lotto is simply less alluring than the six-figure jackpots of Powerball and Mega Millions, which are sold around the nat
Feb 3, 2014, 3:16 pm - Lottery News

The Power Play multiplier returns to Powerball
By Todd Northrop Starting with the Wednesday, Jan. 22, Powerball draw, players of the popular multi-state lottery game will have the chance to multiply non-jackpot winning prizes up to five times with the return of the random Powerball Power Play multiplier. Two years ago Powerball's Power Play feature was changed from a random multiplier to a set of fixed prize increases for winners of non-jackpot prizes who purchased the Power Play option for an extra $1 per play. (See Powerball multi
Jan 19, 2014, 11:14 am - Lottery News

Keno: The Next Big Bet For The N.H. Lottery?
On a recent afternoon at the Common Grounds Cafe, 200 yards from the New Hampshire border in Methuen, Mass, a handful of men sit along a short counter or at several tables in the back of the cafe. Eyes moving back and forth from their pink and white betting slips to two wall-mounted video monitors, they wait for the next drawing of a popular electronic lottery game called Keno. We've got some regulars who come in almost every day, said Shane Bernard, who runs the cafe with his parents. An
Jan 8, 2014, 9:51 am - Lottery News

Pennsylvania Senate may work privatization deal
But solution may not come until 2014 There is broad support among Senate Republicans to give the governor authority for a private company to manage the Pennsylvania Lottery and legalize electronic games such as keno to boost state revenue, the Senate majority leader said on Monday. But quick action in the Legislature appears unlikely, said Sen. Dominic Pileggi, R-Delaware County. He didn't rule out a vote on Tuesday but noted long odds against that happening. Many senators want further vet
Dec 10, 2013, 7:57 am - Lottery News

Michigan to launch online lottery games late next year
Michigan will sell lottery tickets and offer games online in a year's time after two companies were chosen Monday to run an iLottery billed as a way to help fund public schools and keep the lottery relevant. The decision came five months after lottery officials indefinitely halted their plans because lawmakers rejected Gov. Rick Snyder's funding request to launch the online lottery. Legislators, however, did not prohibit the Lottery Bureau from spending existing money in its budget to offer I
Nov 26, 2013, 7:41 am - Lottery News

Keno on track for arrival in Connecticut by next summer
The Connecticut Lottery Corp. on Thursday approved a seven-year contract that could bring keno gambling to the state by early next summer. The agreement allows the lottery to spend $5.4 million, payable in two installments of $2.7 million, to the New York-based Scientific Games Inc., on the equipment, software and other investments needed to launch and maintain keno in Connecticut. The contract approved by the board calls for the addition of up to 600 new retailers, such as bars and restau
Sep 27, 2013, 12:48 pm - Lottery News

Twelve things not to do if you win the lottery
Imagine becoming vastly wealthy overnight. Being a winner of a multimillion dollar lottery has to be incredible. It certainly is going to be a life-changing event for almost every single lottery winner. But what about when the prize is an astronomical sum of $100 million, $200 million or $300 million? If you happen to be lucky enough to win a lottery, please avoid some of the simple mistakes, and complex mistakes, that have taken other lottery winners into bankruptcy. Imagine being Joe Somebo
Aug 27, 2013, 6:47 am - Lottery News