Search

Law firm cuts lottery bill by 15% after scrutinyNews Story
A Nashville law firm has agreed to reduce its $892,000 bill for legal services to the Tennessee lottery by 15 percent, or more than $100,000 legislators said Monday.Sen. Jerry Cooper, D-Morrison, co-chairman of the Fiscal Review Committee, said the reduction came after negotiations between the state attorney general's office, legislators and the law firm of Waller Landsen Dortch Davis, which teams with other law firms under a contract with the Tennessee Education Lottery Corp.Legislators had b
Apr 20, 2004, 7:16 am - Lottery News

Kentucky Lottery works to counter revenue lossNews Story
Even as they celebrated the 15th anniversary of the start-up of the Kentucky Lottery and predicted a strong finish to the fiscal year lottery officials acknowledged an uncertain future yesterday.That's due in large part to new competition from a neighbor. Tennessee, whose residents once were responsible for 12 percent to 15 percent of the Kentucky Lottery's sales, started its own lottery this year.Yesterday, Tennessee added the Powerball to its lineup.Kentucky Lottery spokesman Chip Polston said
Apr 20, 2004, 7:14 am - Lottery News

Powerball Jackpot Grows To $90 MillionNews Story
Powerball is offering more of everything this week. More winners, more prizes being won; and starting Monday, more people will be able to play America's favorite lottery game.On Monday morning, lottery players in Tennessee will be able to play Powerball for the first time. Including Tennessee, Powerball is now played in 26 states, the District of Columbia, and the U.S. Virgin Islands. Maine will begin selling Powerball tickets this summer.There were no Powerball jackpot winners Saturday but 4
Apr 19, 2004, 6:25 am - Lottery News

Tennessee Lottery has paid nearly $700,000 in bonuses to dateNews Story
State lawmakers are surprised by the number of Tennessee Lottery employees who have received bonuses totaling nearly $700,000 since the launch of the games in January.Lottery CEO Rebecca Paul has earned $245,000 in bonuses for beginning scratchoff games ahead of schedule and starting the lottery online by March 20. The other 142 Tennessee Education Lottery Corp. employees have cashed $422,304 in startup bonus checks, according to lottery records, an average of $2,974 each.Paul used employee ince
Apr 19, 2004, 6:23 am - Lottery News

Powerball may draw new kind of Tennessee lottery playerNews Story
In the three months since lottery sales began in Tennessee, Paul Cressend has yet to buy a ticket in his home state.Instead, the health insurance salesman tries his luck in Georgia, Florida and Kentucky.That's because all three participate in either Mega Millions or Powerball, multistate games that award jackpots in the hundreds of millions of dollars. Tennessee's highest prize for state-sponsored games is $1 million. If they had big enough jackpots I'd buy lottery tickets in Tennessee, Cressen
Apr 19, 2004, 6:19 am - Lottery News

Tennessee Lottery yields $64M for scholarshipsNews Story
Tennessee Lottery officials gave the state nearly $64 million Thursday to fund college scholarships.The transfer of $63,774,000 from the Tennessee Education Lottery Corp. to the bank account for scholarships represents the profits since the first scratchoff tickets were sold Jan. 20. It's the most exciting day in our history, lottery CEO Rebecca Paul told members of the Tennessee State Funding Board. The money comes from profits on $231.6 million in sales through March 31.She said the lottery e
Apr 16, 2004, 9:26 am - Lottery News

Tennessee lottery board member Fair diesNews Story
Tennessee Education Lottery Corporation board member Morris Fair has died in Memphis of complications of treatment for esophageal cancer. He was 74.Fair, a Memphis financial executive, was one of seven inaugural board members appointed by Gov. Bredesen in summer 2003.The board hired the games' first chief executive, Rebecca Paul.After his cancer diagnosis in September 2003, Fair still attended meetings of the board despite his declining health.Bredesen will name Fair's replacement on the board.
Apr 9, 2004, 4:32 am - Lottery News

Tennessee Senator criticizes Lottery vacation, sick leave policyNews Story
For employees of the Tennessee Lottery, it could pay not to get sick.Employees can build up sick days and be paid for half of the unused ones when they leave. They earn one day per month, and there's no maximum on how much can be accrued or rolled over from year to year.Unused vacation time can be built up in a similar manner. Employees can be paid for up to three years' worth when they leave.The Tennessee Lottery's vacation and sick policy resembles what Rebecca Paul, the lottery's president an
Apr 7, 2004, 3:28 am - Lottery News

Tennessee Lottery to launch Powerball on April 19News Story
Powerball is rolling into Tennessee in just 12 days, the Tennessee Lottery announced Tuesday.The multi-state lotto game, which will launch on April 19, gives players a chance to win one of nine different cash prizes, including a multimillion-dollar jackpot.Powerball is a proven favorite of Tennesseans who have been anticipating its arrival since a lottery was created in the state, said Rebecca Paul, CEO and president of the Tennessee Lottery.Powerball will be an excellent enhancement to our curr
Apr 7, 2004, 3:19 am - Lottery News

Tennessee lottery puts dent in Southern Kentucky salesNews Story
Lotto Land is located along Interstate 65 in Southern Kentucky, well positioned to win the business of Tennesseans who long lacked their own state lottery.But Lotto Land, in Franklin, and other Kentucky Lottery retailers along the border have seen a slowdown in sales since Tennessee's lottery started Jan. 20 with four scratch-off games.Lottery sales in seven border counties fell by 12 percent in the Tennessee lottery's first five weeks, according to the Kentucky Lottery Corp. The dropoff is expe
Apr 6, 2004, 4:12 am - Lottery News