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TagResults 151 - 160 of 802 for financials. (0.03 seconds)

NH Lottery may increase storeowners' lottery bonus
If someone walks into a New Hampshire corner store and walks away with a $160 million lottery ticket, the store owner's takeaway is capped at $30,000, the lowest such retail lottery cap in the United States. The NH Lottery Commission would like to increase that possible retail jackpot to $75,000, a 150 percent raise, although it would still lag behind Massachusetts's $100,000. Not that that those jackpot happen very often, mind you. A $3 million or more hit enough to reach that cap only st
Mar 25, 2016, 5:21 pm - Lottery News

Consultant lays out 'ambitious' vision for Arkansas Lottery
A consultant for the Arkansas Scholarship Lottery envisions ticket sales steadily increasing from $450 million in the current fiscal year to $615 million by fiscal 2021 and net proceeds for scholarships rising from $85 million to $109 million in the same period. Camelot Global Services' self-described ambitious five-year business plan proposes many changes, including overhauling the portfolio of scratch-off and draw-game tickets, increasing the lottery's $5 million marketing budget to $7.5 mi
Mar 13, 2016, 11:33 am - Lottery News

NC Lottery tries persuading lawmakers to expand games
North Carolina could collect more money through the state-run lottery if it expanded the number of games offered, Lottery Director Alice Garland told lawmakers Thursday. But such a move would likely have to wait until next year and would have to get past a sizable cadre of conservatives deeply suspicious of any move to expand the games. If that's a source of revenue other legislators want to pursue, that's out there, Rep. Jason Saine, R-Lincoln, said after the meeting, adding quickly that le
Mar 11, 2016, 10:29 am - Lottery News

Illinois lottery players could lose ability to play online
A test program that allows Illinois Lottery tickets to be sold online expires March 25, and the state is likely to lose out on money for education and construction projects unless lawmakers take action. A measure to make online lottery sales permanent has yet to move in the House, and lawmakers aren't scheduled to return to the Capitol until April 4. In 2012, Illinois became the first state to sell lottery tickets online and gambling options expanded with the addition of a mobile app in 20
Mar 4, 2016, 11:07 am - Lottery News

Falling lottery sales pinch college scholarships
The ticket-buying frenzy that erupted over January's $1.6 billion Powerball jackpot wasn't enough to reverse a long-running trend: Proceeds from lottery games aren't keeping pace with the higher education costs they were supposed to pay. Now lawmakers in at least eight states have made or are considering making dramatic cuts to scholarship programs funded by lotteries. The programs, aimed at opening access to college by providing nearly free tuition, include one at the University of New Mexic
Mar 3, 2016, 12:23 pm - Lottery News

Scratch games power increased Arizona Lottery revenues
Arizona Lottery sales exceeded $379.9 million during the first half of its 2016 fiscal year, which ran from July 1 through Dec. 31, 2015. These numbers represent an increase of 12.2 percent over the same period during the previous fiscal year. Notably, the increase does not include the entire windfall of sales generated by the record-breaking $1.6 billion Powerball jackpot drawing which took place in January. Sales data indicates there were an average of more than 97,000 winning Arizona L
Feb 22, 2016, 5:40 pm - Lottery News

Pennsylvania Lottery pays off for state's senior citizens
Darlene Henderson has played the daily Pick 4 off and on since the 1980s, though she hasn't won a substantial jackpot. Her payoff from the Pennsylvania Lottery comes from the more than $1 billion raised annually for senior programs and services statewide. From the beginning, they always said it was to help senior citizens, said Henderson, 67, of East Liberty. That's a good cause. Since its first drawing in 1972, Pennsylvania's lottery has contributed nearly $25 billion to senior progr
Feb 14, 2016, 5:52 pm - Lottery News

Former Anchorage mayor is pushing for an Alaska state lottery
Former Anchorage Mayor Dan Sullivan is in Juneau, Alaska, this week hoping to hit the jackpot: He's trying to convince lawmakers to authorize a state lottery. Sullivan, who finished his second three-year term as mayor last year, said in an interview that a lottery could take a small bite out of the state's $3.8 billion budget deficit. And he's talked with more than a dozen lawmakers this week about approving legislation to set up a state lottery corporation, which would allow Alaska to partic
Jan 24, 2016, 8:40 am - Lottery News

Some on welfare bet big on Maine lottery in pursuit of life-changing win
Murky state rules mean those who do collect larger prizes may not even lose their public benefits Maine residents on public assistance have spent hundreds of millions of dollars on lottery tickets, according to an estimate based on the $22.4 million in large prizes they collected between 2010 and 2014, including eight jackpots worth at least $500,000 each. Yet state rules are so murky that the winnings do not necessarily disqualify anyone from continuing to receive food stamps and other be
Dec 16, 2015, 9:18 am - Lottery News

Video gaming machines boost Oregon Lottery revenues
State economists say Oregon is seeing a healthy bump in lottery revenues, at least partially from recently installed video lottery machines. People are spending more money on Oregon's new video lottery machines, state economists told lawmakers in Salem this week. Some people believe the new machines are more addictive, but a top Oregon Lottery official has said it's unclear whether there is a connection between the new machines and increase in gambling. On Dec. 2, economists from the st
Dec 7, 2015, 10:42 am - Lottery News