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TagResults 131 - 140 of 802 for financials. (0.03 seconds)

Study: N.C. Lottery scammers have cheated state out of $7 million
Lottery scammers have cheated North Carolina out of an estimated $7 million in back taxes and delinquent child support since 2009, a non-partisan arm of the General Assembly said. At the request of a state legislator, the Fiscal Research Division teamed up with a UNC-Chapel Hill statistician to calculate the loss following an Observer investigation that found dozens of players winning the lottery so often that their luck defies logic. Highlighted in the Observer's series was a lucrative se
Dec 7, 2016, 3:55 pm - Lottery News

Play at the Pump slow to take off in NC
In January 2015, the North Carolina Education Lottery joined an effort to make convenience stores more convenient for potential lottery players by allowing them to play the lottery digitally while filling up their gas tanks. Play at the Pump, a cloud-based payment platform, allows people to play Mega Millions, Powerball and Cash 5 without going into the store. With the swipe of a debit card and a $1 transaction fee, players can get their numbers for the next drawing. Linq3, an Atlanta soft
Dec 3, 2016, 9:16 pm - Lottery News

CT Lottery settles 5 Card Cash dispute with vendor
Will receive $300,000 from Scientific Games, not $4M sought The Connecticut Lottery Corp. has agreed to settle for a fraction of the nearly $4.2 million it had claimed that Scientific Games, the international gambling giant, lost in last year's hacking of the popular 5 Card Cash instant game. Frank Farricker, acting president of the lottery, said Monday that Scientific Games will provide about $300,000 to develop a new, more-secure operating system. The Las Vegas-based company has also agr
Nov 29, 2016, 2:03 pm - Lottery News

Oregonians approve Measure 96, devoting lottery net proceeds toward veterans
Oregonians voted to approve Measure 96 Tuesday, giving 1.5 percent of state lottery net proceeds toward veterans' service. This would include assistance with employment, education, housing, physical/mental health care, addiction treatment, reintegration, access to government benefits, and other services for veterans, spouses and dependents. Already dedicated net lottery proceeds are as follows: 18% to finance education stability fund, 15% to finance state parks, restoration and protection
Nov 10, 2016, 7:59 am - Lottery News

Mississippi voters approved a lottery 24 years ago, so where is it?
Every time a Powerball jackpot grows to life-altering levels, Mississippians pour across the state line to buy tickets. Americans spent $73 billion on lottery tickets last year, according to the North American Association of State and Provincial Lotteries. Mississippi voters approved a state lottery back in 1992, but the Legislature never followed up and has voted down all of the dozens of bills introduced to legalize the lottery. In the last session, Rep. Richard Bennett, R-Long Beach, sp
Oct 9, 2016, 8:05 am - Lottery News

N.M. Lottery chief wants to scrap earmark for education
The head of the New Mexico Lottery says his organization could provide more money for students if the Legislature scrapped a requirement pledging 30 percent of ticket sales to college scholarships. David Barden, chief executive officer of the lottery, said eliminating the requirement would allow for larger cash prizes and higher-priced lottery tickets, such as a $20 model. In the long run, Barden said, that change would pay off with more money from the lottery going to the college scholarship
Oct 3, 2016, 7:49 am - Lottery News

Texas Lottery shatters records with $5 billion in sales
The Texas Lottery announced that it has achieved $5.068 billion in sales for fiscal year 2016, breaking the sales record it set just last fiscal year and resulting in a total contribution of $1.392 billion to Texas, the single largest annual transfer of revenue to the state. In celebration of the record sales and revenue, the Texas Lottery unveiled a new billboard today at an event at Texas Lottery headquarters in Austin. This is the first time in our history that we have generated more t
Sep 30, 2016, 10:08 am - Lottery News

Pennsylvania Lottery proceeds being misused by Gov.
Includes video report The Pennsylvania Lottery advertises it benefits older Pennsylvanians, every day. But in the last decade, billions of lottery dollars have been diverted, an investigation found. According to the state lottery, 27 cents of every dollar spent on lottery tickets goes into the state lottery fund. The rest pays prizes and lottery administration costs. The point of the lottery program is to have people age at home and maintain their independence, Renee Cunningham of
Sep 28, 2016, 12:07 pm - Lottery News

Georgia Lottery transfers record-breaking $1.097B to education
The Georgia Lottery has transferred a record-breaking $1,097,567,000 to education for the 2016 fiscal year. Lottery officials said this is the first time the Georgia Lottery has transferred more than $1 billion in a single fiscal year, and it is the largest educational transfer in the lottery's 23-year history. We appreciate the commitment from our dedicated lottery and COAM retailers, players, vendor partners and employees. We are grateful to our board of directors for their leadership a
Jul 21, 2016, 6:19 am - Lottery News

Pennsylvania lottery winners now subject to state tax on prizes
By Todd Northrop The small number of states that don't tax lottery prizes has just shrunk by one state. Pennsylvania lawmakers approved levying new taxes Wednesday on a variety of different things including lottery prizes to help support the $31.5 billion state budget that went into effect earlier this week. The tax bill was approved by a 116-75 vote in the House and 28-22 vote in the Senate. Democrat Gov. Tom Wolf quickly signed the tax bill and related bills to complete the budget pro
Jul 20, 2016, 10:43 am - Lottery News