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Florida Lottery education spending investigatedNews Story
Lottery money still invested in education, but targeted differently than it used to be Florida Lottery education dollars that used to go mainly to K-12 education are now being spread into several different educational initiatives, raising the ire of local Superintendents, but pleasing those who feel that education spending should be more diverse. Nearby 4 billion dollars was spent on the Florida Lottery last year. It's money lawmakers promised would go to education. But according to infor
Feb 7, 2012, 10:04 am - Lottery News

Arkansas Lottery forecasts $5M drop in scholarship moneyNews Story
Arkansas' lottery is on track to bring in roughly $5 million less for scholarships than last year, the games' interim director said Tuesday, as lawmakers prepare to consider whether to reduce the amounts of the scholarships next year. Interim Lottery Director Julie Baldridge told the lottery's legislative oversight committee that the lottery is on track to raise $89 million for college scholarships for the fiscal year that began July 1. That's a drop from the $94.2 million the games raised in
Dec 7, 2011, 3:02 pm - Lottery News

Millionaire janitor must leave the job he lovesNews Story
Includes video report After being elected to the Highline School Board, a millionaire janitor who won the Washington lottery must now step down from the job he loves and the teams he coaches. For more than twenty years, Tyrone Curry has cleaned the grounds and coached the kids at the Evergreen campus, but this school custodian just beat the sitting school board president for a seat on the Highline District's School Board and must resign before swearing in next month. Curry said he's coa
Nov 22, 2011, 8:35 am - Lottery News

Tenn. legislators float idea that lower prizes will bring in more moneyNews Story
Task force says 'bad idea' Some Tennessee legislators are eying a reduction in prize payouts for Tennessee lottery players while letting them buy tickets with debit or credit cards. The proposals are among ideas that are being floated as a way to generate more money that can be used for college scholarships. Both were criticized at a meeting last week of the Senate Lottery Stabilization Task Force with a lottery official suggesting that a cut in prizes could be a bad business decision a
Oct 31, 2011, 7:38 pm - Lottery News

Tenn. lawmakers float ideas to improve lottery revenuesNews Story
Tennessee state Senate minority leader is calling on fellow lawmakers to find ways to increase lottery revenues instead of cutting back on the scholarship program, while Gov. Bill Haslam has assigned his staff to consider a broad range of options for stabilizing the game's finances. Jim Kyle, D-Memphis, said in a letter released Wednesday that while the Tennessee Higher Education Commission estimates that the lottery will deplete its sizable reserves by 2024, it also says annual losses could
Sep 29, 2011, 9:36 am - Lottery News

N.M. lottery celebrates anniversary, tackles challengesNews Story
Amid revenue shortfall, officials launch new campaign to boost ticket sales New Mexico Lottery officials this month are celebrating the 15th birthday of the lottery program with a special anniversary scratcher ticket and a new ad campaign. Amid a revenue shortfall and the possibility that the lottery's scholarship money could be out of cash by 2014, the celebration is bittersweet. This is a new era for us because we don't know how many people are going to play the lottery from now on,
Apr 25, 2011, 7:27 am - Lottery News

NY Lottery contributed $2.6 billion to educationNews Story
Includes video report By Todd Northrop With recent media attention focused on soaring Mega Millions sales, many people are curious how the lottery proceeds are divided and spent. WNYT in New York asked the New York Lottery, and contacted several local school districts, to follow the trail of money from players' pockets to textbooks and commissions. Last year lottery sales in New York State totaled more than $7.8 billion, of which $2.6 billion went to education funding. The $2.6 bi
Apr 4, 2011, 8:36 am - Lottery News

Ark. Lottery panel votes for changes to unclaimed prize moneyNews Story
The legislative Lottery Oversight Committee voted today to recommend a fix for a 2010 law change that Arkansas lottery officials say hampers their ability to maximize ticket sales. During last year's fiscal session, the Legislature changed the state lottery law to add unclaimed prize money to net profits. Lottery Director Ernie Passailaigue said after the session that the change meant the lottery could not use some of the unclaimed money on efforts to boost prizes and sales in response to
Feb 16, 2011, 10:50 pm - Lottery News

N.M. acts to save Lottery scholarship fundNews Story
A lottery-financed college scholarship program is running out of money, and lawmakers are looking for a fix that won't hamper efforts to encourage young New Mexicans to attend universities and colleges in the state. The scholarship fund could be depleted by 2014 if nothing is done in the Legislature this session and tuition rates continue to rise sharply, according to the latest state projections. The Senate Education Committee unanimously endorsed a measure Wednesday that would shore up t
Feb 11, 2011, 9:30 am - Lottery News

Tenn. Lottery scholarships underfundedNews Story
The Tennessee Lottery games aren't generating enough money to pay for all of the Hope Scholarships. Now, lawmakers are putting options together that could make it tougher for students to get a scholarship in the future. More students than ever are eligible to receive the annual $4,000 Hope Scholarship. A special task force has been analyzing the problem for the last year. Lawmakers say they don't want to impact any current scholarships and break promises to students. That's part of their
Jan 19, 2011, 7:44 am - Lottery News