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The Two Titans of the Lottery IndustryNews Story
We often hear that the $40 billion spent on video games worldwide dwarfs the amount spent on the motion picture industry. But another form of mass entertainment dwarfs them both: the lottery business. According to a Morgan Stanley study, sales of lottery tickets around the world will top $160 billion in 2004.You should be thankful for the lottery business this week as you write a check for your tax bill. That's because you'd probably owe a lot more if not for your fellow citizens' crazed desire
Apr 15, 2004, 4:58 am - Lottery News

Partnership Claims $35 Million Florida Lotto JackpotNews Story
The Florida Lottery announced today the $35 million Florida Lotto jackpot from the January 21 drawing was claimed in the name of the Cruz Family Partnership of Carol City, Florida.The members of the Cruz Family Partnership include: Euridice Cruz, Edgar Cruz, Edgar Mauricio Cruz, Maria Cruz, Andrea Cruz Munoz, Julian Cruz, and Cesar Cruz.The Cruz Family Partnership received the jackpot in one lump sum of $20,190,727.74.The winning Lotto ticket was purchased at Publix, located 18496 N.W. 67th Stre
Jan 29, 2004, 2:38 pm - Lottery News

Kansas Lottery Sales Above ProjectionsNews Story
Kansas lottery sales continue to grow, as the third quarter of the fiscal year gets under way. Current sales reflect a $10 million increase over projected sales for the 2004 Fiscal Year. We believe our sales increases are a result of change we made in game development and marketing practices, reports Executive Director Ed Van Petten. We have introduced more instant games in the market, and these games have shown the largest increase. The Powerball game also boosts sales when the jackpots in
Jan 29, 2004, 7:01 am - Lottery News

Investing a windfallNews Story
What to do when a pile of money is suddenly dumped into your lapI expect to receive a windfall of about $500,000. Buying a house is first on my list, but I'm not sure how to invest the rest. I'm open to real estate ventures or just about anything else, but I'm wary of the people passing themselves off as financial advisers. What do you suggest?Tammy, Statesville, N.C.It's not often that I invoke the lyrics of rapper Eminem in this column. In fact, I think I can safely say that I've never done it
Jan 16, 2004, 11:17 am - Lottery News

What Every Texas Lottery Player Needs To Know About Claiming A JackpotNews Story
In response to recent dvents in Ohio and the $162 million Mega Millions jackpot ticket, the Texas Lottery Commission wants to reiterate to players some important information regarding claiming a jackpot prize in Texas. It's very important for our players to understand the steps they need to take if they are holding a potential jackpot winning ticket, said Reagan E. Greer, Executive Director of the Texas Lottery Commission. First thing - call us. We will get the process started right away for c
Jan 9, 2004, 5:42 am - Lottery News

International Lottery Game CollapsesNews Story
20 states won't be getting millions of dollars in new revenue from a high-jackpot lottery after plans for the proposed international game collapsed amid a protest of U.S. military action in Iraq.The states were working toward the development of a lotto-style game that would have allowed 350 million residents scattered throughout the United States, Canada, Central America, Europe and Australia to compete for prizes that could have reached a total of $1 billion in a single drawing.But negotiations
Jan 5, 2004, 6:29 am - Lottery News

Texas lottery winner takes $8.8 millionNews Story
A Texas City resident recently claimed the $29 million lottery ticket that was sold at a local convenience store in November.The winner asked for little publicity surrounding her win, said Leticia Vasquez, spokesperson for the Texas Lottery.Candace Ford, representing the Treshay Limited Partnership, LynnCan LLC, claimed the ticket Dec. 1.She collected $8.8 million under the cash value option at the Texas Lottery headquarters in Austin.Were happy to be a part of what Im sure will be a great holid
Jan 5, 2004, 6:18 am - Lottery News

You've won the lottery! Now what?News Story
Hitting the jackpot may be a fantasy, but what's the harm in dreaming? Here's some realistic advice on what to do if those numbers prove to be magic.It's after 11 p.m. on Saturday night, a night like any other Saturday night. You're ready for bed and yelling at the dog to get out of the garbage. With little enthusiasm or hope, you tune in to the drawing of the state's lottery numbers on TV. A quick glance at the numbers tells you that you wasted yet another ... wait a minute! The numbers on your
Dec 17, 2003, 4:26 am - Lottery News

GTECH scrutinized in bid for Tennessee lottery contractsNews Story
GTECH Corp., the lottery giant bidding for Tennessee contracts, has been praised for quick startups and leading technology.But the company has also been criticized for aggressive lobbying and a series of missteps in the 1990s that led to the criminal conviction of one employee and culminated in an overhaul of top managers three years ago. I don't think their past record should reflect adversely on ... the present company, although it does require someone to look at them with a little more due di
Nov 20, 2003, 7:00 am - Lottery News

Cohen says Tenn. lottery tickets will be on sale by Jan. 27News Story
The Tennessee Legislature's leading lottery advocate predicted Thursday that Tennessee will be selling lottery tickets by Jan. 27 and said the startup date could have been Jan. 1.Sen. Steve Cohen, D-Memphis, said the state lottery board had dramatically underestimated the skill and speed of lottery CEO Rebecca Paul when it set Feb. 10 as the target startup date. He described Paul as a workaholic working 24/7 with the best lottery team ever assembled. Feb. 10 is the first deadline Paul, former G
Nov 7, 2003, 4:37 am - Lottery News