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What if group buys winning lottery ticket?News Story
Q: We are a financial club that invests in the stock market and also buys weekly lottery tickets. We all contribute and one member buys the tickets. It's wishful thinking, but what if the ticket wins $1 million? What are the payment basics and how can we protect ourselves against the ticket purchaser claiming the winnings for himself?-- Hopeful in Hialeah A: Let's first talk business law, and then we'll suggest some precautions to assure proper division of payment.A lottery ticket is a unilater
Sep 8, 2003, 3:57 am - Lottery News

Winning lottery ticket wasn’t too lucky for alleged thievesNews Story
Two Ohio men appeared in County Municipal Court Eastern Area Division Thursday accused in the connection of theft of items from Akenheads Dairy, including 395 lottery tickets.Adam Lee Coburn, 19, 137 N. Market St., is charged with breaking and entering, a fourth-degree felony. According to police, early Tuesday Coburn allegedly broke out a window of the store and entered. Taken from the store were 24 cartons of cigarettes, 15 cigarette lighters, three boxes of cigarette rolling papers, two bottl
Sep 5, 2003, 9:55 am - Lottery News

Lottery winnings in middle of disputeNews Story
Ruby Bosher became a millionaire five years ago when she and her husband won the Ohio lottery.Today, her winnings are in a trust, she is in a nursing home suffering from dementia and her children are in court battling over control of her estate.The sibling rivalry played out yesterday before Lake County Probate Judge Ted Klammer, who ordered the family to get along for their mother's sake, even if it was only temporarily.At issue is $3.6 million worth of Super Lotto winnings that Ruby and her hu
Sep 4, 2003, 10:27 am - Lottery News

Is Georgia too much on their minds?News Story
Tennessee's new lottery board appears to be rushing headlong into a partnership with Georgia, and someone needs to slow the train down so the public can have a better view of where it is headed.The plunge to do business with Georgia has raised more questions than members of the Tennessee Education Lottery Corp. have answered. The first and foremost is the legality of such a contract.That question is expected to have an answer from Tennessee Attorney General Paul Summers in a formal legal opinion
Sep 3, 2003, 3:54 am - Lottery News

Lottery deal may lead to lawsuitsNews Story
Tennessee's lottery board is pushing ahead with preparations for an unprecedented partnership with Georgia despite escalating criticism of the arrangement and no definitive answer as to whether it would be legal. That question is expected to be answered by Attorney General Paul G. Summers in a formal legal opinion before Friday, when the seven-member board of the Tennessee Education Lottery Corp. has scheduled a vote on acceptance of Georgia's offer.If given the legal green light, there is an ar
Sep 2, 2003, 4:04 am - Lottery News

Woman bilked out of $9,000 by 'Latin lotto scam'News Story
West Texas authorities are urging residents to be on the lookout for con artists running what has been dubbed the Latin lotto scam. Investigators said a Tahoka woman was bilked out of $9,000 on Saturday.She told authorities that a Hispanic woman approached her at a Slaton store and said she needed $20,000 to collect on a lottery ticket worth $24,000.Slaton is 15 miles southeast of Lubbock.The victim said she had only $9,000, but a man posing as a passer-by offered to cover the difference.The v
Sep 2, 2003, 4:01 am - Lottery News

Man wins battle with Hoosier lotteryNews Story
Richard Termite Allender doesnt know if his ticket had the winning Powerball numbers on March 12, but he already feels like he won the lottery.After a six-month battle, the State Lottery Commission of Indiana agreed to release the time the winning ticket was purchased at Joes Junction in Trafalgar.Thats important to Mr. Allender because he has the stores timed security video and hopes to recognize the winner so the prize can be claimed.The lottery commission succumbed to Mr. Allenders request af
Aug 29, 2003, 4:22 am - Lottery News

Two men face sentencing in "remarkably unsophisticated" lottery plotNews Story
Was it a scheme by a mastermind who developed a remarkably unsophisticated, but almost successful plot as prosecutors claimed, or was it more of knuckleheads in the news when a scheme was attempted to rig a $20,000 raffle drawing, as a defense attorney claimed?Two Cumberland County men will stand before an Ohio criminal court judge tomorrow to learn their fate after both were convicted of their roles in a scheme to defraud a homecoming celebrating Ohio community of thousands of dollars durin
Aug 28, 2003, 4:35 am - Lottery News

Winners in waitingNews Story
Teri and Cornell Davis may be lottery millionaires, but so far their lives lack bling.There are no new clothes or shoes, no marathon shopping sprees or impromptu luxury vacations - yet.The Englewood couple virtually ended up homeless when they hurriedly moved out of their rented Palisade Avenue home - in anticipation of purchasing their own place - after hitting the jackpot in March.But five months later, Teri and Cornell Davis are still empty-handed. They hope to receive their $25.4 million lum
Aug 22, 2003, 3:59 am - Lottery News

Elderly Couple Going to Court Over Million-dollar Lottery TicketNews Story
A Long Island couple married for 16 years recently bought a New York Lottery ticket and won $25 million. Then the divorce papers were filed, and the lottery jackpot is now at the center of a bitter custody battle.Long Island correspondent Lauren DeFranco files this report from Garden City.We're told the wife in the case went to collect the millions at the Claim Center in Garden City. Now the husband's afraid he won't see a penny of it, so he's taking the Mrs. to court.Kenneth Parker, Lottery Win
Aug 22, 2003, 3:50 am - Lottery News