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UK Lottery Winner Nearly BrokeNews Story
A former dustman who won a 9.7 million (US$17 million) Lottery jackpot has reportedly spent almost his entire fortune within 18 months on extravagant houses, cars and gold bling jewellery.Michael Carroll, 21, who was recently convicted of cocaine possession, has only 500,000 left, it is claimed.He has bought four homes, a holiday villa in Spain, two convertible BMW cars, quad bikes and a stake in a football club. Sources close to him claim Carroll has also wasted untold thousands on alcoho
May 14, 2004, 6:47 am - Lottery News

WCLC to clearly define "ticket"News Story
The Western Canada Lottery Corporation is changing its definition of a winning ticket, after a woman was allowed to collect her prize with a photocopy.Earlier this month, a judge awarded a Calgary woman the $100,000 jackpot, even though she only had a copy of the winning ticket. She told lottery officials she'd lost the original.The lottery corporation refused to validate the ticket, before the court decision. Its concern is that someone could come forward with the actual ticket and it would be
May 13, 2004, 6:51 am - Lottery News

Lottery bill would let N.C. counties decide to joinNews Story
The North Carolina Legislature's newest lottery bill would give counties the option to participate in a state-run numbers game in which they would receive a portion of the proceeds for school construction.The measure filed by Rep. Bill Owens, D-Pasquotank, would allow county commissioners the authority to call an election on whether to operate the lottery in that county. A state-run lottery could be started once voters in 25 counties agree to participate in one.One-quarter of all revenues genera
May 11, 2004, 7:27 am - Lottery News

Winning lottery ticket photocopy upheld in appealNews Story
An Alberta court has upheld a decision ordering the Western Canada Lottery Corp. to award Calgarian Valerie Murphy $100,000 after she lost her winning ticket.According to an Alberta Court of Appeal ruling, Ms. Murphy lost the ticket when her wallet was stolen. She still had a photocopy of the original, but that wasn't good enough for the lottery corporation, which rejected her claim.The lottery corporation admitted the copy of the front side of the ticket was genuine, but argued the two differen
May 10, 2004, 6:34 am - Lottery News

Burglar wins lottery, but keeps day jobNews Story
Carlos Sola decided to keep his job after he won a Georgia Lottery jackpot $1,000 a week for life.His occupation? Burglar.In April 2002, Sola was awaiting trial for stealing $40,000 in coins and jewelry from an Austell home when he hit it big in the Win For Life scratch-off game.Cobb County Superior Court Judge S. Lark Ingram took note of his good fortune and allowed a plea deal that included three years in prison, provided the first $40,000 of his winnings went to repay his victims.So when Sola
May 8, 2004, 1:59 pm - Lottery News

Virginia lottery winner badly in debtNews Story
Suzanne Mullins used her lottery winnings as collateral for a loan in 1998Eleven years after becoming a millionaire through the lottery, a Roanoke, Virginia woman has seen her fortune turn to debt.A circuit court judge ruled last week that Suzanne Mullins owes $154,146.50 in defaulted payments to a Florida company that gave her a loan six years ago with her lottery winnings as collateral.It seems an unlikely outcome for someone who once purchased a lottery ticket worth $4.2 million.But as with o
May 3, 2004, 9:43 am - Lottery News

IRS ruling on Lotto foughtNews Story
Greece woman wants sale of rights to be taxed as capital gain.New York Lottery winner Shirley B. Prebola of Greece could end up a $1.3 million loser if the Internal Revenue Service has its way.Prebola, also known as Shirley D. Begy, filed a petition asking the U.S. Tax Court here to overturn the IRS ruling that her 2000 sale of the remaining rights to her annual lottery payments was taxable as ordinary income instead of a long-term capital gain.Prebola won $17.5 million playing Lotto on May 31,
Apr 16, 2004, 9:42 am - Lottery News

Iowa woman pleads innocent in Powerball lottery theftNews Story
A Fonda, Iowa, woman has pleaded innocent to theft for allegedly claiming a $100,000 lottery prize after several people had pooled money to buy tickets.Mary Farrell, 54, is charged in Buena Vista County District Court with one count of first-degree theft. She entered her plea Monday.Farrell had presented a Powerball ticket matching five numbers from the Dec. 31 to claim a $100,000 prize. A group of Albert City, Iowa, residents contacted the Buena Vista Sheriff's Office in January, asking the she
Mar 30, 2004, 4:27 am - Lottery News

Clerk admits stealing winning lottery ticket from studentNews Story
A former gas station clerk has admitted stealing a winning lottery ticket worth $20,000 from a college student, telling her it was only worth $100.Antoine Y. Reiche, 34, told a Westboro District Court judge on Friday that he took the Lucky Stars ticket.Prosecutors recommended a sentence of one year of probation and a restraining order that would prohibit him from having any contact with the victim, Erica Schmitt. Judge Michael Brooks did not impose a sentence, halting the case after Reiche's att
Mar 29, 2004, 4:33 am - Lottery News

Beware of Phony Prize Promotions, Lottery Schemes, and Bogus E-mailsNews Story
By now, most people who use e-mail on a regular basis are quite familiar with the word spam and what it looks like in their e-mail in-box. If it wasn't frustrating enough to sort through and fill your trash with junk (postal) mail every day or answer unsolicited telemarketing calls during the dinner hour, now these nuisances and fraudulent schemes have found a new way into our homes and offices through e-mail.According to the Federal Trade Commission (FTC), consumers in the United States an
Mar 26, 2004, 9:22 am - Lottery News