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Record powerball lottery winner reflects on sad lifeNews Story
In his darkest moments, Jack Whittaker has sometimes wondered if winning the nearly $315 million Powerball game was really worth it. The jackpot that was the stuff of dreams turned into a nightmare: His wife left him and his drug-addicted granddaughter his protege and heir died. He endured constant requests for money. Almost five years later, Whittaker is left with things money can't cure: His daughter's cancer, a long list of indiscretions documented in newspapers and court records, a
Sep 14, 2007, 12:45 pm - Lottery News

Lure of riches fuels lottery craze in ChinaNews Story
Jackpot chasers steal millions in cash, only to spend them on tickets Two employees at a Chinese bank dream of getting rich quick. The only two with the keys to the vault, they steal a few thousand dollars to see whether anyone notices. No one does. So they take more. In the course of a month, they walk away with $6.6 million. Instead of running away with their mountains of cash, the two do something seemingly illogical. They buy lottery tickets. Since police arrested the pair this s
Aug 20, 2007, 6:22 am - Lottery News

Nevada panel passes lottery proposalNews Story
Over the opposition of two major gaming corporations, an Assembly committee voted 8-5 Thursday to let voters decide whether to legalize a state lottery. All Democrats on the Assembly Constitutional Amendments Committee backed Assembly Joint Resolution 5, while all five Republicans opposed it. Passage of the resolution in the committee is the first step in a long process before Nevada would join 42 other states in having a state lottery. The measure needs approval by both houses of the Legi
Mar 17, 2007, 1:42 am - Lottery News

Gambling pushed banker to steal $1.4 millionNews Story
Deb Anderson didn't begin her 27-year banking career as a thief. She started as a teller at Pioneer Bank, the lender in her hometown of 3,300 on the outskirts of Sioux City. She won promotions, despite a lack of college or any formal training in banking or accounting. By 1991 she was named cashier - a respected and powerful job at most community banks. I had a tremendous amount of trust in her and her position, bank President Richard Aadland said. But in 1996, 18 years into her career
Mar 16, 2007, 10:23 pm - Lottery News

Lottery Winners Sued As NuisancesNews Story
A couple who talked of helping young people fight drug addiction and alcohol abuse after winning a $2.6 million Oregon Lottery jackpot are facing a city lawsuit alleging they held a four-month-long party that included public sex, fights and signs of drug dealing. The lawsuit filed against Elizabeth and Samuel Howard detailed allegations of parties featuring fights that spilled into other yards, couples having sex in plain view, an assault on a neighbor, slashed tires and loud music. Howa
Feb 19, 2007, 11:21 am - Lottery News

Sales increase as Lottery adds new gamesNews Story
While the number of games has expanded and receipts have greatly increased, the basic structure of the New York Lottery and its mission have remained relatively unchanged over the four decades it has been running, lawmakers and state officials say. The games, then and now, siphon money away from illegal gambling and help to pay for schools. The lottery was approved by voters, at the urging of then-Gov. Nelson Rockefeller, in a referendum to amend the state constitution in 1966. The nu
Jan 30, 2007, 8:51 pm - Lottery News

New Iowa Lottery ad has gambling foes fumingNews Story
Ties between collegiate sports and gambling are typically forbidden. So when a new Iowa Lottery commercial featuring the Iowa Fight Song and the Tigerhawk logo began airing Jan. 12, it should have come as no surprise that it caused some heads to turn. Iowa Athletics Director Gary Barta said the Lottery did nothing wrong when it used the logos and fight song in the commercial because his office had approved the use. He added, however, that his opinion recently had changed. If I had it
Jan 19, 2007, 11:09 am - Lottery News

TV station reports on the Kansas LotteryNews Story
Some say it's harmless entertainment. Others say it can lead to a dangerous addiction. Some say its a simple way to raise millions for important state programs. Others say it's a game that takes advantage of the poor. But, however you feel about the Lottery it's here to stay. The old adage, 'it's not whether you win or lose, it's how you play the game' does not apply here. Tony Trotter says he's been playing the lottery for years. I figure somebody has got to win somebody's got to wi
Nov 29, 2006, 10:06 am - Lottery News

Analyst's outlook on Scientific Games downgradedNews Story
A Bank of America analyst on Monday downgraded Scientific Games Corp., which sells instant lottery tickets to more than 50 countries, saying that he was bearish on growth expectations in Germany. Analyst David Vas downgraded the stock to Neutral from Buy, and lowered his price target by $5 to $31. Vas said that instant ticket sales from two cooperative contracts in Germany have been sluggish due to legislative issues hindering the company's distribution and advertisement of scratch-off
Sep 12, 2006, 9:39 am - Lottery News

WOW, TALK ABOUT ADDICTION: Woman stole $2.3M to buy lottery ticketsNews Story
This is not the kind of jackpot one Long Island woman probably had in mind. The former bookkeeper for a doctors' office pleaded guilty Wednesday to second-degree grand larceny, admitting she stole more than $2.3 million that she used to buy lottery tickets. Prosecutors, who described the bookkeeper as having a gambling addiction, said the woman spent as much as $6,000 a day playing various lotto and scratch-off lottery games. She spent most of it to feed her pathological addiction, said
Aug 23, 2006, 3:35 pm - Lottery News