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Lottery bill offers lump cash optionNews Story
For most lottery winners, hitting the jackpot isn't a ticket to instant riches. However, if a MetroWest lawmaker has his way, winners no longer would have to wait 20 years or more to completely cash in on a winning ticket.State Rep. Peter Koutoujian, D-Newton, has sponsored legislation that would give lottery winners the option of selling their right to future prize payments in exchange for an immediate cash lump sum.The bill, which was admitted to the House of Representatives yesterday, is mode
Aug 9, 2003, 10:21 am - Lottery News

$71m jackpot frenzy hits ItalyNews Story
Lottery fever is gripping people throughout Italy, as the possibility of winning the jackpot worth 63 million euros ($71.4 million) looms nearer. After the jackpot eluded Italians again on Wednesday, the next chance to correctly pick the winning six numbers will come on Saturday.Wednesday night's draw of the hugely popular numbers-picking game offered a jackpot of 58.5 million euros ($66.6 million), but the top prize eluded players for the 43rd straight time.The prize up for grabs Wednesday nigh
Aug 8, 2003, 2:58 am - Lottery News

Facing Fraud Trial, Mayor Wins LotteryNews Story
The mayor of the small town of Dawson, Georgia won $500,000 in the Georgia Lottery a month before his trial on charges of insurance fraud and forgery. Mayor Robert Albritten went to Atlanta on Monday and picked up his prize, worth about $300,000 after taxes, said lottery spokesman J.B. Landroche.Albritten is scheduled to go on trial next month on 19 counts. The owner of a funeral home, he allegedly sold life insurance to elderly nursing home residents, many of whom may not have realized what the
Aug 7, 2003, 3:59 am - Lottery News

Powerball Winner Offers 'No Excuses' for IncidentNews Story
A Powerball winner who has donated more than $3 million of his record winnings to churches was drinking at a strip club when $545,000 was stolen from his sport utility vehicle, police said Tuesday.Jack Whittaker said he hopes the incident will not affect the Jack Whittaker Foundation, which he established to help charities operated by the Church of God and other causes. He also said he wanted to remind the media and the public that he is a private citizen. I'm simply a businessman who has seen h
Aug 5, 2003, 4:07 pm - Lottery News

Naples woman sues ex-husband for greater share of lottery winningsNews Story
Naples residents Helene and Marcel Imbert were the envy of residents across Florida 13 years ago.The numbers 3-33-34-40-43-47 landed the lucky couple nearly $12 million in Florida lottery winnings in 1990, propelling them onto the front pages of newspapers statewide.They looked happy, but restrained in the Associated Press photograph taken as they claimed their proceeds in Tallahassee.Marcel, 50, held their 2-year-old son. Helene, 24, stood an arm's length away.The uncomfortable distance between
Aug 3, 2003, 1:16 pm - Lottery News

Rich Merchant's Wife in Lottery WindfallNews Story
The wife of a wealthy Lebanese businessman has owned up to being the winner of the biggest jackpot in the history of Lebanon's national lottery, after four days of rampant media speculation. Ghada Basma, who lives in a luxury villa by the southern port city of Sidon, said late Monday she had won the five billion Lebanese pound ($3.3 million) prize, after keeping the news secret even from her three children since last week's draw.Basma, in her 40s, is married to Mohammed Wehbe, one of Sidon's mos
Jul 30, 2003, 3:39 am - Lottery News

Virginia Lottery Shatters Records for Fiscal Year 2003News Story
The books for fiscal year 2003 are closing at the Virginia Lottery, and the big winner is Virginia`s public schools (kindergarten through twelfth grade). Lottery profits, which are dedicated by constitutional mandate to support public education (K-12) in the Commonwealth, came to more than $375.2 million for the fiscal year that ended at midnight June 30, 2003. Virginia Lottery Executive Director Penelope W. Kyle today presented a ceremonial check in the amount of $375.2 million to Lieutenant Go
Jul 28, 2003, 3:55 am - Lottery News

Texas-Size JackpotsNews Story
The stakes are about to get higher for Texans who play the lottery. State officials are ready to join a giant jackpot lottery like Powerball where the payoff could be worth hundreds of millions of dollars. Some folks are seeing green, while other are predicting disaster.Does $261 million peak your interest? Next Thursday, Lottery Executive Director Reagan Greer will tell the Lottery Commission which game Texas should join. We're looking at Powerball or Mega Millions because there is a precedent
Jul 25, 2003, 1:33 pm - Lottery News