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Colorado Lottery Increases the Lotto Cash Value to 50 PercentNews Story
Future Colorado Lotto winners will receive an extra 10 percent beginning October 31, 2003 when they choose the Cash Value Option. The Cash Value has been set at 40 percent since it was introduced on July 10th, 1994. It's always exciting to announce changes that provide our winners with more money, said Lottery Director Mark Zamarripa. The Cash Value has been the same for almost ten years and it was time for us to bring it in line with the current market situation. The Cash Value Option is d
Nov 3, 2003, 4:06 pm - Lottery News

Audit sought for Colorado lottery-fund useNews Story
The director of a state agency that doles out $40 million a year in Colorado Lottery funds has asked for an audit on how the money has been spent.In addition, Mike Beasely, the director of the Department of Local Affairs, has asked a legislative committee to look again at the issue of whether the state should have more oversight over the Conservation Trust Fund.The department distributes lottery proceeds from the fund to local governments and recreation districts, which then determine who gets t
Oct 10, 2003, 9:50 am - Lottery News

Lotto winner hits big jackpot a second timeNews Story
Gee, thanks for saving some for us. Shelley Hedwall claimed a $1.12 million jackpot from the Colorado Lottery on Tuesday, five years to the day after she hit the Lotto jackpot for $4 million. She said that she was a little apprehensive in that she did win once already, said lottery spokesman Todd Greco. And there might be some people out there who'd say, 'She won once; what makes her think she should play again?' But that was her ticket, her dollar and her dream. And sorry, folks, she picked
Aug 6, 2003, 5:55 am - Lottery News