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Lottery benefits Kentucky students but not its schoolsNews Story
This is the third story in a four-part series on the Kentucky lottery and its local and state impactAmid last year's protest by Kentucky teachers over what they considered to be an insufficiently-funded health insurance plan offered by Gov. Fletcher, the Kentucky Lottery Corp. received a letter from one of the angry educators. The letter underscored another, much older controversy surrounding education funding. The letter writer said, 'When you look at the amount of money generated for the Kentu
Jan 26, 2005, 11:09 am - Lottery News

The NC lottery debate continuesNews Story
North Carolina Governor Mike Easley's support for an educational lottery is backed in varying degrees among local legislators from his own party and from Republicans who support a voter referendum on a lottery because they say it's favored by a majority of their constituents.Rep. Alice Graham Underhill, D-Craven, says even her constituents who are against a lottery want a referendum to be held to resolve the issue, which she says has been continually cropping up for years.Irrespective of a refer
Jan 18, 2005, 8:36 am - Lottery News

R.I. Governor Replaces Entire Lottery CommissionNews Story
Rhode Island Governor Carcieri yesterday asserted the recently passed separation-of-powers constitutional amendment gives him the right to immediately replace all legislators and legislative appointees on the Lottery Commission and Coastal Resources Management Council.Carcieri sent the names of six Lottery nominees and eight coastal council nominees to the Senate for approval. Carcieri asked that they be confirmed quickly, noting each board was scheduled to meet before month's end.Senate Preside
Jan 6, 2005, 10:21 am - Lottery News

UK National Lottery gives $22.5 million to tsunami appealNews Story
The UK National Lottery today pledged 12 million towards reconstruction projects in the wake of the Indian Ocean tsunami disaster.The Big Lottery Fund, which distributes lottery cash to good causes, said the money would fund a three-year programme to help rebuild communities and restore local infrastructure.Sir Clive Booth, the chairman of the fund, said the lottery wanted to respond quickly and effectively to public opinion that lottery cash should go to devastated areas.He said: Money is n
Jan 6, 2005, 10:11 am - Lottery News

New Oklahoma Lottery Bill Helps Many Non-Profit OrganizationsNews Story
After years of finding creative ways to sell tickets for a special item without actually calling it a raffle (which was illegal), school organizations can now legally raffle off chances at a quilt, an autographed ball, or some other prize.The new freedom for schools and specific qualified organizations comes as the result of Oklahoma's new State Lottery bill.For years, Oklahoma legislators tried to find a way to allow non-profit groups to conduct raffles without opening the door to other more
Dec 27, 2004, 7:52 am - Lottery News

Poll: More than two-thirds of Alabamians favor lotteryNews Story
A recent poll shows that more than two-thirds of Alabamians support a state lottery to benefit public education, which an overwhelming majority said is a high priority for them.The random telephone poll of 609 voting-age Alabamians, conducted by the Center for Governmental Services at Auburn University, found that 55.1 percent of respondents strongly support an education lottery and an additional 13.8 percent support it, bringing the figure to 68.9 percent in favor.About 24.6 percent of thos
Oct 7, 2004, 8:12 am - Lottery News

Decision on Tenn. lottery bonuses up in the airNews Story
A pending decision on whether to continue salary bonuses for Tennessee lottery CEO Rebecca Paul and her employees will be based on business principles rather than politician opinions, a key lottery board member said Monday.Some state legislators have criticized the bonuses, which will total $772,000 for the lottery's startup year under current calculations. Of that, Paul will receive $350,000, doubling a base salary that is already the highest paid for any lottery CEO in the nation.Four executiv
Aug 17, 2004, 8:19 am - 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 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

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