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SEC Investigating Gtech in BrazilNews Story
Gtech Holdings Corp. said Thursday that the Securities and Exchange Commission opened a formal investigation into the lottery operator's dealings in Brazil.The SEC previously issued an informal request for documents from Gtech, as part of its investigation into public corruption matters in Brazil. Gtech said regulators told the company that the new order is a routine action, unrelated to any recent developments, that is intended to give the SEC adequate investigatory powers if needed.Gtech said
Jul 29, 2004, 1:44 pm - Lottery News

$10,000 winner suing Tennessee lotteryNews Story
How much is a lost chance at $1 million worth?That's the crucial question raised by a lawsuit filed by a Fayetteville man who claims mistakes during the state's first $1 million lottery drawing cost him a chance at the top prize.But determining how much he was damaged by a lost chance would be difficult, local attorneys said.Dennis Perry, a 57-year-old disabled veteran, won $10,000 in the June 26 drawing at Opry Mills. He was one of three finalists for the big prize. In a lawsuit filed in Lincol
Jul 19, 2004, 8:23 am - Lottery News

Lottery foul-ups rare but expensiveNews Story
Lottery mistakes don't happen often, but when they do they're costly resulting in multiple awards or increases in the prize money.Here are some lottery foul-ups from across the country in recent years: Earlier this month, a missing nine ball in a drawing machine led the New Hampshire lottery to honor two winning numbers. It was the second double payout resulting from missing balls in the state's lottery drawing machines this year. In April, the Wisconsin lottery posted an incorrect winning num
Jul 19, 2004, 8:20 am - Lottery News

International lottery scams promise big cash, then take yoursNews Story
In case you haven't caught up with international lottery scams yet, you'd better learn how they work.The biggest fraud now chasing millions of gullible Americans is a scam claiming to be the Multi-State Mega Millions Lottery. Here's how it works:You receive an e-mail or letter from a guy who claims to be the lottery promotion manager, congratulating you because you've just won $5.5 million in their latest drawing. How come? Because your address was attached to the 12-digit winning number, and yo
Jul 19, 2004, 8:18 am - Lottery News

Iowa Lottery ’04 sales top $200 millionNews Story
The Iowa Lottery reported Wednesday that its sales surpassed the $200 million mark for the just completed fiscal year 2004, a 16 percent increase in revenues and the culmination of a three-year rise in profits for the state.Almost $56 million in profits will be added to the state general fund budget, which pays for most state government operations and services.Lottery Commissioner Ed Stanek attributed the success to the variety of lottery games available and their convenience for Iowans who want
Jul 15, 2004, 8:55 am - Lottery News

Penn. Lottery has record salesNews Story
Lottery Sales Increase by More Than 10 Percent for Second Straight YearThe Pennsylvania Lottery, the only state lottery to designate all its proceeds to programs that benefit older residents, had record sales of $2.35 billion in fiscal 2003-04, topping the old record of $2.13 billion, set in 2002-03, by $219 million or 10.3 percent. This has been a tremendous year for the Pennsylvania Lottery and for the hundreds of thousands of older Pennsylvanians who benefit from Lottery-funded programs, sai
Jul 13, 2004, 7:47 am - Lottery News

Scientific Games Awarded Contract By Mass. LotteryNews Story
Estimated Value of Contract is $20-$25 MillionScientific Games Corporation announced that the Massachusetts Lottery has awarded it the contract to be its primary supplier of instant tickets and related marketing services.The current Scientific Games contract is due to expire in August, 2004. The new contract is for an initial term of two years with three one- year options to renew. The value of the contract is estimated between $20-25 million over the initial two-year term.Massachusetts sells $3
Jul 7, 2004, 9:28 am - Lottery News

Lottery-ticket seller also a Mega winnerNews Story
Whoever bought the winning ticket in the $290 million Mega Millions lottery drawing couldn't have been much happier Saturday than the person who sold it.Jay Patel, owner of Powers Liquors, was elated as he waited along with everyone else to find out which one of his customers won the huge jackpot in Friday's drawing with the numbers 10-25-38-39-50 and Mega Ball 12.A hand-lettered sign that read, We sold $290 million's jackpot here hung in the window of the store Patel called the luckiest Powe
Jul 5, 2004, 8:42 am - Lottery News

Illinois Lottery Celebrates 30 Years With Birthday BashNews Story
In 1974, the Illinois Lottery sold its first ticket. Thirty years and $12 billion in education contributions later, the Lottery celebrated a record sales year and a major anniversary with a 30th Anniversary Birthday Bash at the James R. Thompson Center in Chicago.The birthday party was a virtual throwback to 1974. Hundreds of Lottery fans and players were on hand as Illinois Lottery Superintendent Carolyn Adams gave remarks on the success of the Lottery and Jimmy JJ Walker from the 1970's hit
Jul 2, 2004, 8:11 am - Lottery News

Tennessee lottery study criticizedNews Story
Tennessee State Senator Steve Cohen is criticizing the states lottery board saying an $85,000 independent study to develop a permanent employee pay plan is unnecessary and that more bonuses should not be awarded those who work for the corporation.Cohen (D-Memphis), who pushed for the states upstart lottery in the General Assembly for roughly two decades, says Tennessee Education Lottery Corporation (TEL) head Rebecca Paul brings with her a record of awarding lavish benefits in her former job at
Jul 2, 2004, 8:00 am - Lottery News