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Oregon woman tricked by international lottery scamNews Story
The letter from Star Lotto Prize Inc. promising a big win was so believable.But within a week of receiving it, Juanita Foss of Beaverton had lost $3,000. Any time you get a lottery thing like this it's fraud, said Foss, a retiree who wants to make sure no one else falls for the scam.The swindle starts with an official letter promising a rich reward. It moves forward with a fake check sent to the victim. And ends with the victim forwarding a real check to an international address.The scam may be
Sep 30, 2005, 9:16 am - Lottery News

Discarded lottery ticket offers lesson of faith, optimismNews Story
It's last Wednesday, and Sharon Parker, a lottery regular from Swissvale, Pennsylvania, wins $16 in the Powerball.It's not exactly enough to retire on, so Sharon does what lottery players do: She plows the $16 back into Thursday's Big Four at a convenience store downtown Pittsburgh near Kaufmann's.That night, when she calls her mother for the numbers, it turns out to be another loss for Sharon, so she tears the tickets in half and drops them in a trash can at Fifth and Smithfield.Back home in Sw
Sep 20, 2005, 11:09 am - Lottery News

Four accused in Florida lottery ticket fraudNews Story
Stuart Elvia Urieta had heard about scheme in which someone claims to be an undocumented immigrant who needs an American citizen -- and money to cash a winning lottery ticket.So the 13-year Stuart resident was suspicious when a woman asked her for $29,000 to cash a ticket reportedly worth $325 million last weekend.Urieta called authorities, who on Tuesday announced a rare arrest in one of the common lottery frauds. You know you can never find these people because they come and go so quick, said
Sep 14, 2005, 6:22 am - Lottery News

Lottery tickets may soon be sold on military basesNews Story
More than 178,000 retail outlets across 41 states and the District of Columbia sell state lottery tickets. Last year these retailers earned more than $3 billion in commissions on ticket sales of almost $49 billion.Military exchanges want a piece of that action.Congress is weighing a first-ever proposal from the Department of Defense to amend current law to allow lottery ticket sales in stateside exchanges, except where such sales would pinch the businesses of blind vendors already selling lotter
Sep 12, 2005, 8:12 am - Lottery News

Lottery scam targets Minnesota residentsNews Story
The Minnesota State Lottery is warning people of a scam in which someone is sending letters from a group called the Minnesota State Lotto Sunset Minnesota Lotto.The letters say the recipient has won a drawing but must send money to claim the prize.The letters, which include a phony check for $4,100, say the recipient has won $80,000 in a second-chance lottery drawing. The letter instructs the recipient to send $4,000 to claim the rest of their prize.The Minnesota Attorney General's Office and
Sep 9, 2005, 3:00 pm - Lottery News

Scammer using lottery ploy to get personal informationNews Story
If your phone rings at night and the man on the other end says he's with the New York Lottery and you've just won the Win for Life game or any other lottery contest don't believe him.Several residents of Newburgh, New York, told police yesterday that they'd gotten such calls.According to police, after telling the people who answered the phone they'd won, the caller then said he needed some personal information to verify their winning ticket, including their full name, address, date of birt
Sep 7, 2005, 7:43 am - Lottery News

Financial analyst looks at lottery jackpot cash/annuity optionsNews Story
Q: I've just won a $50 million lottery. Should I take all cash or an annuity?A: It depends on a lot of things, one of which is the interest rate the lottery uses in calculating the annuity value vs. the immediate payout. Another is the uncertainty associated with future income taxes.The conventional wisdom is to take the money as a lump sum. That's because the lottery takes the cash prize (today's dollars) and uses that money to buy investments that will fund the annual payments. That may mean t
Aug 23, 2005, 6:06 pm - Lottery News

N.J. Officials Warn Residents Of Lottery ScamNews Story
New Jersey Lottery officials are warning Garden State residents to beware of a scam involving letters claiming large lottery winnings.Lottery officials have been alerted to fraudulent letters telling people that they have won $1 million from the Mega Millions Lottery.The letter instructs the recipient to call a special phone number to claim the $500,000 they are eligible to receive.Those who call are asked for sensitive financial information.New Jersey Lottery officials have contacted the Federa
Aug 3, 2005, 11:33 am - Lottery News

Reporter investigates Internet lottery scamNews Story
Editor's Note: The Lottery Post staff continually receives e-mails from people who are trying to trace the company that has sent an e-mail about a big win in a Internet lottery. Be warned: if you supply your banking details you may end up poorer than before your mysterious windfall. Police caution strongly that you should never agree to meet these con artists. The following article appears as-written in the online magazine, Expatica.On receipt of an e-mail from an Internet scam outfit, the
Jul 15, 2005, 9:18 am - Lottery News

Tenn's Paul to be honored by lottery industryNews Story
Tennessee lottery president Rebecca Paul was inducted into the Lottery Industry Hall of Fame Tuesday. Paul is one of 11 people slated for induction during the 2005 International Lottery and Gaming Expo being held through Thursday in Las Vegas. The awards are made by the Public Gaming Research Institute.Paul was hired in 2003 to start Tennessee's state lottery. It was the fourth state lottery she has headed and the third she has launched. We are privileged to have Rebecca at the helm of our educa
Jul 12, 2005, 11:33 pm - Lottery News