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States look for winning formulas to spur lottery salesNews Story
Buy a scratch lottery ticket in Georgia, and you can win music downloads or a seat at an Atlanta Falcons game. In New York, one of the top sellers is an all-black ticket as sleek as an Armani suit. And in Texas, where they brag that everything is bigger, a single ticket goes for $50. With state budgets in crisis and lottery-financed programs like prekindergarten being considered for cuts, the pressure is on to make lottery tickets more attractive to casual scratchers and people who may have n
Dec 23, 2010, 7:37 pm - Lottery News

Audit finds 'ticket cashers' remain problem for Mass LotteryNews Story
Allow winners to avoid paying taxes, support The Massachusetts State Lottery continues to have a widespread problem with ticket-cashers'' who claim prizes valued at millions of dollars, apparently allowing the actual winners to avoid taxes on their winnings, the state auditor said yesterday. An audit released yesterday, as well as prior reports, found numerous instances in which certain people were claiming hundreds of prizes worth millions of dollars,'' State Auditor A. Joseph DeNucci's o
Dec 23, 2010, 4:50 pm - Lottery News

N.C. Lottery making changes to counter weak salesNews Story
Additional draws to be added in Feb.; search narrows for new director North Carolina lottery commissioners estimated Wednesday the program will earn $40 million less than expected in the current year because of weak ticket sales another financial blow for a state education system already bracing for budget cuts. The North Carolina Education Lottery Commission revised its sales estimate in approving a new budget. That plan projects the lottery will be able to provide about $402 million for
Dec 16, 2010, 9:24 am - Lottery News

Some Michigan retailers are lucky spots for lottery playersNews Story
A Highland Park porn shop won fame earlier this month for indulging a common vice. Not that vice! The Uptown Bookstore on Woodward sold a winning Powerball ticket worth $128.6 million. In all, Michigan residents bought $2.37 billion in lottery tickets in the last budget year about $4,500 a minute. That's down from the record year of 2009 ($2.38 billion), but it still averages nearly $237 for every man, woman and child in Michigan. In Detroit, the state's biggest city, more than $326
Nov 26, 2010, 11:23 am - Lottery News

Arkansas Lottery director scolded by legislatorsNews Story
Updated Nov. 11, 2010, 5:58 pm: Additional detail about audit and findings, with quotations from Passailaigue An Arkansas state audit has revealed a variety of deficiencies in how the Arkansas lottery is being run, and one legislator told the lottery director he would be gone if he led any other state agency. Members of the Legislative Audit Committee on Friday told lottery chief Ernie Passailaigue that they're not satisfied with how he has addressed problems that have come up since the lo
Nov 12, 2010, 1:26 pm - Lottery News

Most Kentucky Lottery players don't know where the money goesNews Story
Kentucky is only state with odd law that prohibits advertising where funds go Since its inception, the Kentucky Lottery has taken in $12.5 billion. A recent study said most people in the commonwealth have no idea where that money goes. A local TV station has been investigating how much of that Powerball cash actually goes to Kentucky. Kentucky Lottery officials believe they could be taking in more money if Kentuckians were better informed about lottery proceeds, but state law is prevent
Oct 29, 2010, 9:52 am - Lottery News

N.C. Lottery increases prize percentageNews Story
Critics decry smaller education 'slice of pie' Like or loathe the state lottery, there's no question the total amount it generates for education keeps growing. One thing that isn't growing, however, is the percentage that goes to schools. The funding formula keeps changing. Since its inception, state lawmakers and lottery leaders tweaked the funding formula in an effort to increase ticket sales. A new report from the nonprofit watchdog group North Carolina Policy Watch shows just how mu
Sep 26, 2010, 11:12 am - Lottery News

TN lottery scholarships safe from cutsNews Story
UT study shows shortfall is less than previously projected The dollar shortfall between Tennessee lottery revenue and the scholarship programs it funds is much less than previously projected, a study shows, indicating that lottery scholarships won't have to be cut or made harder to get. The Commercial Appeal of Memphis reported that the study by the University of Tennessee Center for Business and Economic Research was presented this week at the Lottery Scholarship Stabilization Task Force'
Aug 19, 2010, 10:19 am - Lottery News

N.J. Lottery sets record for lottery ticket salesNews Story
The slumping economy seemingly hasn't stopped lottery players in New Jersey who want to cash in on their dreams. The state lottery raised more money in ticket sales in the fiscal year ending June 30 than ever before in its 40-year history a record $2.6 billion despite a recession that has seen people's discretionary spending drop in other areas. Regular customers at the 7-Eleven on Route 9 in Northfield said the state can thank them for their generosity in the last year. I haven't seen
Aug 14, 2010, 4:27 pm - Lottery News

2 quick Lotto Texas winners put state in bindNews Story
By Todd Northrop Two recent Texas Lotto winners have hit jackpots of $21 million and $6 million, but for the Texas Lottery it has meant dipping into revenues by $3.4 million to cover the prizes. In just the past 10 days, two lucky lottery players have matched all six Lotto Texas numbers, but the lottery did not sell enough tickets during that period to fully cover the advertised prize. The shortfall was created by the way the Texas Lottery generates its new advertised jackpot amount eac
Aug 14, 2010, 9:28 am - Lottery News