Search

Okla. Lottery Commission struggles to meet its 35% profit requirementNews Story
As a result of the finance and audit committee's dreary budget forecasts for fiscal year 2008, the Oklahoma Lottery Commission is planning to trim costs and attempt to get a key statutory requirement of the commission eliminated. The board plans to try to amend out a requirement that the Lottery Commission post a 35-percent profit in their third year of operations. The board said they are doing all they can to trim operating costs without cutting current staff and advertising expenditures,
Sep 19, 2007, 4:34 pm - Lottery News

Opponents of lottery say 'I told you so'News Story
A database consultant alleges the N.C. Lottery didn't deliver the money promised By Frank Koconis The N.C. Education Lottery has been in operation for barely a year, and so far the state has seen little benefit from it. The promised boost in education funding is much smaller than expected, and for certain programs, nonexistent. Even worse, some of the ominous predictions of those who originally opposed the lottery appear to be coming true. The lottery simply isn't bringing in nearly as
Sep 19, 2007, 1:35 pm - Lottery News

Tennessee Lottery takes back refund offerNews Story
Today the Tennessee Lottery rescinded its offer from last week to refund tickets purchased with the wrong jackpot amount listed. In a release issued on their web site, the Tennessee Lottery emphatically stated, The Tennessee Lottery is not offering refunds for Powerball tickets purchased last week. The Lottery regrets any confusion or inconvenience created by recent reports concerning some tickets sold on Sept. 6 and the morning of Sept. 7, 2007. The lottery stated that players have
Sep 14, 2007, 2:24 pm - Lottery News

Maryland Lottery revenues hit record $1.5 billionNews Story
The Maryland Lottery's sales for the past fiscal year topped $1.5 billion, a record high, marking the lottery's 10th consecutive year of sales growth, lottery officials reported yesterday. From July 1, 2006, through June 30, prizes paid to players totaled a record $919 million, an increase of more than $16.5 million over the previous fiscal year. And retailers earned more than $112 million in commissions, an increase of $9.4 million. The lottery will contribute more than $494 million in reven
Aug 9, 2007, 9:34 am - Lottery News

Oklahoma Lottery scrambles to increase revenueNews Story
Education funding doesn't see expected boon; officials cite low prize payouts as root cause With sales floundering compared to projections, Oklahoma Lottery officials are scrambling to bring in more money. State officials are saying the lottery hasn't been the boon to educational funding it was touted to be. To increase lottery sales, Lottery Commission Executive Director Jim Scroggins is advocating putting more of the lottery sales into prize money, saying people play to win. The fe
Jul 30, 2007, 10:13 am - Lottery News

Kentucky Lottery has record revenuesNews Story
The Kentucky Lottery Corp. had a record $744 million in revenues, or total ticket sales, in the fiscal year ending June 30, according to year-end figures. The brisk sale of tickets for interactive, scratch-off games offset a decline in tickets sold for online, or computerized, games, including Powerball, Pick 3 and Pick 4. Those sales suffered, in part, because there was only one large Powerball jackpot, which was hit at $254 million last January. Some tickets for the interactive games se
Jul 30, 2007, 8:32 am - Lottery News

Penn. Lottery contributions decline for first time in 6 yearsNews Story
Lottery Not Blaming Slots for Flat Sales Pennsylvania's lottery sales stumbled in the just-ended fiscal year as slot machines came on line finishing flat after a half-decade of huge gains spurred by bigger games, more retailers and glitzier advertising. After subtracting expenses, commissions and prize money, the lottery contributed less money to state coffers than the prior year for the first time since 2001. State lottery officials insisted the arrival of slot-machine gambling in
Jul 24, 2007, 9:38 pm - Lottery News

Georgia Lottery sets sales record with $3.4 billion salesNews Story
The Georgia lottery took in a record $3.4 billion dollars during the last fiscal year a $244 million jump from the previous year. Officials say more than $850 million was transferred to the education fund, which pays for HOPE scholarships and pre-kindergarten classes. That brings the total funds raised to nine-point-three billion since the lottery began in 1993. State officials were concerned a few years ago that lottery sales wouldn't meet the growing demand for pre-kindergarten class
Jul 18, 2007, 12:53 pm - Lottery News

Kansas Lottery sets sales recordNews Story
The Kansas Lottery hits the jackpot itself record sales are recorded for the fiscal year ended June 30th. Lottery officials report sales of nearly $241 million. That's up two percent from the previous year, which also showed record sales. Some $71 million will go into state coffers, the highest transfer in a single year since Lottery sales began in 1987. Kansas Lottery director Ed Van Petten cited the success of the lottery's first $20 scratch ticket and Kansas-themed tickets promoting b
Jul 11, 2007, 1:29 pm - Lottery News

N.C. Lottery Millionaire Raffle sells outNews Story
If you haven't gotten a North Carolina Lottery raffle ticket, you're out of luck. Less than a week before the Fourth of July drawing, the state sold out of its entire stock of Sizzlin' Millionaire Raffle tickets. Instead of selling paper tickets from a roll, retailers sold 500,000 numbers through the lottery's computer network. With four grand prizes of $1 million, a $20 ticket will carry a 1 in 125,000 chance of winning the top prize. For comparison, the odds of buying a winning mult
Jul 3, 2007, 6:27 pm - Lottery News