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Class action over 'mesmerizing' video lottery terminals in Canada moves forward
An intriguing court case that alleges Crown-owned video lottery terminals are inherently deceptive and violate the Criminal Code has reached a critical milestone in Newfoundland and Labrador. And the outcome of the case could have implications for VLT gaming across Canada. The Newfoundland and Labrador Court of Appeal has cleared the way for a class-action lawsuit to go ahead, rejecting arguments for dismissal from the Atlantic Lottery Corp., which operates in all four Atlantic Provinces.
Dec 17, 2018, 9:42 am - Lottery News

Florida man putting $14.5 million lottery win toward education in India
A Tampa man is a millionaire after he struck the Florida Lottery's $14.5 million dollar jackpot, and he plans to use his windfall to help less fortunate children in his home country of India. Krishna Barri said he doesn't play the lottery that often but sometimes he will buy a handful of tickets. For the drawing on December 1, he played 10 tickets at the Zephyrhills Publix Liquor Store and hit the jackpot. 21-30-39-44-45-46. I won't forget those numbers anymore, said Barri. Barri s
Dec 11, 2018, 10:24 am - Lottery News

New Mexico Lottery creating game tied to sports
The board that oversees the New Mexico Lottery voted unanimously Tuesday to move forward with creation of a game tied to the outcome of sporting events. David Barden, the lottery CEO, said he expects the game to go on sale in four to six months. Details of the game are being worked out, but it will involve a parlay-like wager. A player will pick possible outcomes of at least three sporting events and will have to choose all correctly to win. It's not your grandmother's lottery game, Ba
Oct 31, 2018, 10:57 am - Lottery News

Everything you know about the fate of lottery winners is probably wrong, according to science
Friday's Mega Millions jackpot has gone up to a record-breaking $970 million. On Saturday, Powerball will have a drawing for a $430 million jackpot. A winning ticket for either lottery will be life-changing, but some of the popular theories about the fate of lottery winners aren't necessarily accurate, according to a study published in May. The study, published by the National Bureau of Economic Research, examined 3,362 Swedish lottery winners who scored at least $100,000, and surveyed them a
Oct 19, 2018, 9:46 am - Lottery News

Money really does lead to a more satisfying life
New research suggests that more money really does lead to a more satisfying life. Surveys of thousands of Swedish lottery winners have provided persuasive evidence of this truth. Lottery winners said they were substantially more satisfied with their lives than lottery losers. And those who won prizes worth hundreds of thousands of dollars reported being more satisfied than winners of mere tens of thousands. These effects are remarkably durable. They were still evident up to two decades aft
Aug 25, 2018, 8:25 am - Lottery News

Montana woman wins lottery twice in one day
Winning the lottery once was exciting for Cheyenne Long of Kalispell, Montana, but winning it twice in one day was unbelievable. Long won a total of $77,000 playing Power Play Gold Crossword, a Montana Lottery Scratch ticket, according to a press release from the Montana Lottery. Long bought her first ticket on the morning of July 1, and was happy to find out that she had won $2,000. But then she had a gut feeling to buy more of that ticket. So later that day when she was in Havre, she
Jul 7, 2018, 8:52 am - Lottery News

Better Business Bureau releases study on sweepstakes, lottery and prize scams
A new report by the Better Business Bureau says sweepstakes, lottery and prize scams are using ever-changing methods to hurt victims financially and emotionally. The frauds concentrate on seniors, targeting them by direct mail, cold calling, social media, text messages and smartphone pop-ups. BBB warns consumers to be on guard against the serious frauds and their perpetrators. The report Sweepstakes, Lottery and Prize Scams: A Better Business Bureau Study of How 'Winners' Lose Millions
Jun 18, 2018, 8:02 am - Lottery News

Sweepstakes, lottery scams cost Americans more than $111 million in 2017
A new study reveals sweepstakes, lottery and prize-related scams cost Americans millions of dollars each year. The Better Business Bureau calls these schemes some of the most serious and pervasive frauds operating today. In the past three years, the group says more than 460,000 Americans have reported losing a total of over $330 million to such scams. The Better Business Bureau says these crooks are professionals. They might take advantage of someone in your family, and they can be very c
Jun 5, 2018, 3:45 pm - Lottery News

Study: Neighbors of lottery winners are more likely to go bankrupt
As if you needed proof that trying to keep up with the Joneses isn't a good idea, here it is: Close neighbors of lottery winners in Canada tended to spend more on conspicuous goods, put more money into speculative investments such as stocks, borrow more money and eventually declare bankruptcy. The larger the dollar magnitude of a lottery prize of one individual in a very small neighborhood, the more subsequent bankruptcies there will be from other individuals in that neighborhood, says the l
May 29, 2018, 7:47 am - Lottery News

Amid delay in new lottery policy, repeat winners keep on winning
It's been a charmed decade for Ali Jaafar. The Watertown man keeps hitting it big on the Massachusetts State Lottery, winning millions of dollars from thousands of scratch tickets. For the past two years, Jaafar has held the title of the state's winningest lottery player. But he is just one of hundreds of individuals who repeatedly cash in on the Massachusetts lottery. The lottery does not know how some of these so-called frequent winners manage to win so often. Many of these players hold
Apr 28, 2018, 10:00 am - Lottery News