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Vermont Lottery announces largest Megabucks jackpot in 14 years
The Megabucks prize for Wednesday's draw has surpassed recent record levels, with a current (annuitized) jackpot of $8,900.000. The last time the Megabucks jackpot exceeded $8.9 million was 14 years ago in July of 1993. Between December 2006 and January 2007, Vermont had three Megabucks winners in a row, winning jackpots of $500,000, $950,000 and $4.5 million. To date, there have been 75 winning Megabucks jackpot tickets sold in Vermont since the game began in 1985. The highest jackpot t
Jul 30, 2007, 8:08 am - Lottery News

Newspaper photo reveals lottery winner's personal information
Lottery Post Exclusive by Todd Northrop Maine's Morning Sentinel newspaper appears to have revealed a lottery winner's address and social security number in a published photo. In a story that ran in the February 27 edition of the Sentinel, Newport resident Venison Turner Jr. was pictured together with his son, holding a copy of a winning ticket worth $300,000 and the paperwork filed with the Maine Lottery. The man's personal information is clearly visible. In the Sunday, March 11 edit
Mar 14, 2007, 1:28 pm - Lottery News

Most lottery winners crave privacy
Whatever other effects winning the lottery might have on Mainers, in the long term it certainly turns them into a reclusive lot. If they hadn't moved out of state or changed their phone to an unlisted number, they either refused to answer their phone or return calls. Most of those who did talk quickly stopped for fear that additional publicity would invite a wave of long-lost relatives asking for handouts. The most recent Megabucks winners, Edward Cardali Jr. and Regan Cardali of Oakland
May 15, 2006, 6:45 am - Lottery News

Maine woman seeking second lottery jackpot
Janet and Ernie DeCosta can finally get some sleep tonight. I plan on being up all night, Janet said Tuesday as she headed out to her traditional weekly bingo game on the eve of a live drawing that could net her $1 million this evening. I'm a basket case. More than a year ago, the 50-year-old Weeks Mills resident was on her way to a temporary job at MaineGeneral Medical Center when she scratched off a $10 state instant lottery ticket that handed her a $250,000 prize and a chance to win another
Oct 12, 2005, 9:42 am - Lottery News

New tri-state lottery game to go on sale Sunday
Declining sales have prompted lottery officials from Maine, New Hampshire and Vermont to replace the Tri-State Heads or Tails game.The last Heads or Tails drawing is Saturday.Tickets for a new game, Tri-State Triple Play, are to go on sale Sunday, and the first drawing is Tuesday. Subsequent drawings will happen twice a week on Tuesdays and Fridays.Triple Play tickets will sell for $2.In the new game, players may choose 5 numbers from a field of 1 through 45, or they can have the lottery termina
Jun 24, 2005, 11:33 am - Lottery News

Maine Gov. moves forward on controversial lottery plan
As Republican lawmakers pressed for more details Monday, the Baldacci administration was fast-tracking its plan to sell off Maine's lottery revenue stream in order to help balance the state's two-year, $5.7 billion budget. Part of the state's efforts involve officials looking for outside help in pricing and structuring the lottery deal.Rebecca Wyke, the governor's chief finance officer, and Dan A. Gwadosky, executive director of the Maine State Lottery, told members of the Appropriations Committ
Mar 1, 2005, 2:39 pm - Lottery News

Support eroding for Maine Gov.'s lottery plan
A Democratic state senator from Portland is breaking ranks with Gov. John Baldacci on the governor's plan to help balance the state budget by selling future lottery revenue. But it remains to be seen if that defection is isolated or the first sign that support is crumbling within the governor's party.Sen. Ethan Strimling, one of 19 Democrats in the 35-member Senate, said Wednesday he cannot support borrowing $250 million from an investor and repaying it by selling lottery revenue. Strimling said
Feb 10, 2005, 1:27 pm - Lottery News

Maine governor defends lottery capitalization plan
Maine Gov. John Baldacci pointed to several other states that have swapped future revenue streams for up-front cash Monday as he defended his plan to capitalize up to $40 million a year in lottery revenues for $250 million in the upcoming budget.The Democratic governor fended off criticism of his plan to sell a decade s worth of Maine lottery revenues to the Maine State Retirement System or other investor. It would help the state to increase public school subsidies while balancing a $5.7 billion
Jan 11, 2005, 7:43 am - Lottery News

Maine lawmakers suspicious of plan to borrow against lottery funds
The G-word, otherwise known as gimmick, was invoked frequently Thursday as lawmakers learned that Gov. John E. Baldacci plans to borrow against a portion of Maine's state lottery revenues to balance a $5.5 billion, two-year budget.Not entirely unlike the governor's decision to lease out the state's retail liquor operations for $125 million two years ago, Baldacci reportedly is planning on exchanging the state's proceeds from online games such as Powerball and Megabucks with a Wall Street broke
Jan 10, 2005, 12:54 pm - Lottery News

Maine to use lottery proceeds instead of raising taxes
Maine Governor John Baldacci may draw from future lottery proceeds and delay pension costs as part of his approach to financing a new two-year state budget without raising taxes. Baldacci may also seek approval for changing some benefit standards in the state Medicaid program, which is known as MaineCare, to help cover a budget gap of about $740 million.Aides shied away from details and emphasized that the forthcoming budget package was subject to change. But planning for a Friday release to th
Jan 6, 2005, 11:09 am - Lottery News

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