Search

N.J. increases initial state tax withholding on lottery winningsNews Story
But does not affect what winner would ultimately pay in state taxes If someone buys a winning ticket for Friday's $540 million Mega Millions game in New Jersey, the state will be collecting more money at payout than it would have last month. Under the new rates, winnings greater than $10,000 up to $500,000 will have 5 percent automatically withheld, and prizes above $500,000 will face an 8 percent withholding. Previously, prizes greater than $10,000 faced a withholding of 3 percent. The
Jul 7, 2016, 8:53 pm - Lottery News

Illinois Gov. signs bill ensuring lottery prize paymentsNews Story
By Todd Northrop Illinois Governor Bruce Rauner Thursday night signed a bill giving the Illinois Lottery legal authority to continue all prize payouts if a budget deal is not reached. By passing SB 2047, Governor Rauner and the General Assembly are ensuring that the Illinois Lottery can continue its mission of supporting K-12 education, capital projects and select charitable causes throughout Illinois, said Acting Director Tim McDevitt. On December 7, 2015, Governor Rauner signed SB 20
Jul 1, 2016, 11:55 am - Lottery News

New York State lawmakers vote to legalize fantasy sportsNews Story
Months after being halted by the New York attorney general, daily fantasy sports won a major victory early Saturday as state lawmakers moved to legalize the online games. Gov. Andrew M. Cuomo, a Democrat, has not yet indicated that he will sign the bill, but the final legislation included proposed modifications from his staff, suggesting at least some degree of support. Eric T. Schneiderman, the attorney general who first declared war on the industry last fall, declaring fantasy sports to
Jun 18, 2016, 2:53 pm - Lottery News

State lawmaker calls for Illinois Lottery probe in light of audit findingsNews Story
Lottery head resigns, another possible winner payout shutdown looms A state lawmaker is calling for an investigation of the Illinois Lottery after a recent audit revealed it had violated the state finance law. The audit found that the Lottery circumvented the state's budget impasse by prepaying $20 million to take part in future multi-state lottery games, such as Powerball and Mega Millions. State Rep. Jack Franks, D-Marengo, said he wants either Illinois State Attorney General Lisa Mad
Jun 12, 2016, 8:45 am - Lottery News

New law gives Québec Lottery power to shut down competitorsNews Story
Canada's major Internet service providers, a Quebec First Nations group and potentially the federal government are lining up against Quebec legislation that will lead to the blocking of gambling websites chosen by the government agency Loto-Qu bec. Under Bill 74, the new law passed last month in Quebec's National Assembly, Loto-Qu bec can ask Vid otron, Bell Canada, Cogeco Inc., Rogers Communications Inc. and other ISPs to block the sites of the agency's competitors or face fines of up to $10
Jun 2, 2016, 8:51 am - Lottery News

Massachusetts Senate weighing plan to give Lottery 'broad mandate' for online gamesNews Story
If the Massachusetts State Lottery is to continue to thrive and return hundreds of millions of dollars to cities and towns, it must have the ability to move online in some fashion, its executive director said, but it first needs permission from the Legislature to test the World Wide Web's waters. It's critical to the Lottery's future ability to produce revenue that we're allowed to engage clearly changing technology and, to me, what is a very strong change in the commerce pattern that consum
May 25, 2016, 12:25 pm - Lottery News

Alabama Legislature seems unlikely to approve lotteryNews Story
Like buying a Powerball ticket, establishing an Alabama lottery seems more likely to end in grief than gain. Efforts to create a statewide lottery appear to be dead in the current session, despite a Senate committee's approval Thursday of an amendment that would put the question before voters. Procedural rules in the Legislature's final days are likely to make its passage much more difficult, and House version of the bill appears stalled. But the Senate's sponsor and other legislators say
Apr 23, 2016, 8:16 am - Lottery News

Australian man accuses fishing buddy of stealing $3.5M lottery ticketNews Story
A dispute between two former fishing buddies who destroyed their friendship over a missing lottery ticket claimed to be worth $3.5 million (US$2.7 million) has ended up in an Australian court. Preston man Ismet Porcic claims he bought and subsequently lost a winning Tattslotto ticket from an Essendon newsagent in September 2014 that ended up winning a one-sixth share of the $21 million (US$16.2 million) division one prize pool. Mr. Porcic has filed an affidavit in the Supreme Court against
Apr 14, 2016, 12:44 pm - Lottery News

Quebec bill would force Internet firms to block access to online gambling sitesNews Story
A little-publicized bill that is making its way through Quebec's legislative process has digital-law experts and others worried that the concept of a free and open Internet is being threatened in the province. Bill 74 includes a provision that seeks to force Internet service providers to block Quebecers' access to online gambling sites that aren't approved by the government. The province's finance minister says the bill is necessary to protect the health and safety of Quebecers because ill
Apr 13, 2016, 12:01 pm - Lottery News

MUSL seeks to dismiss lawsuit over rigged jackpotNews Story
A group of state lotteries has asked a judge to dismiss a lawsuit filed by a jackpot winner who argues he was shortchanged by millions of dollars because the prior drawing was rigged by one of its employees. In court documents filed this week, the Multi-State Lottery Association argued that Iowa resident Larry Dawson does not have legal standing to sue because his claimed injury is merely speculative and hypothetical, and therefore cannot be redressed. Dawson, of Webster City, filed the l
Apr 1, 2016, 10:21 am - Lottery News