Louisiana public education takes a toll from decreased lottery proceeds
LA Lottery planning for a post-COVID-19 world
By Kate Northrop
With lower game participation levels amidst the nationwide COVID-19 stay-at-home orders, it is no surprise that state lottery revenues have taken a hit. Yesterday, Louisiana lottery officials announced that this would affect the proceeds used to help pay for K-12 public education.
Louisiana law requires that at least 35% of lottery proceeds be transferred to the state treasury and contribute to public education. About 53% of ...
May 5, 2020, 3:06 pm - Lottery News forum
California lottery shorted schools by $36 million, auditor says
The California lottery skimped on giving $36 million in revenue to fund public education and spent $720,000 on food and travel expenses without considering cheaper options, the state auditor said in a report made public Tuesday.
Sales from scratch and lotto tickets have funded public schools and colleges in California since 1985. But the lottery should have accounted for an increase in profits during the fiscal year that ended in June 2018 by turning over an additional $36 million to finance ...
Feb 27, 2020, 4:35 am - Lottery News forum
Students head back to campus thanks to help from the Kentucky Lottery
As college students across Kentucky head back to school, a large number of them have proceeds from Kentucky Lottery sales to help pave the way.
Lottery proceeds provide every dime of the KEES scholarship ever awarded, many of which will be used at college campuses this semester. In addition, Lottery proceeds fund the need-based College Access Program and Kentucky Tuition Grants programs.
All told, $3.4 billion in Kentucky Lottery proceeds have been used for the college scholarship and gran ...
Aug 18, 2019, 10:22 pm - Lottery News forum
The California lottery, public schools and the mystery of the 'missing' money
By Steve Lopez
Where is the money from the lottery going? asked a reader named Jean.
It never fails. Write about school funding shortages in California, and the emails start pouring in from people who insist the lottery was supposed to solve all our education money issues and wonder why it hasn't.
The latest barrage came after my column last week about Measure EE, the L.A. Unified parcel tax that suffered a crushing defeat at the polls on June 4, despite a projected budget deficit in c ...
Jun 19, 2019, 8:00 am - Lottery News forum
New York Lottery first in U.S. to crack the $10 billion mark in sales
The New York Lottery had a pretty good year.
The state's traditional lottery and video lottery gaming operations became the first in the nation to top the $10 billion mark in combined sales and net win, which is the earnings after winners are paid.
The New York Lottery, the largest and most profitable in the country, recorded $8.2 billion in sales for the state fiscal year that ended March 31, 2019, the New York Gaming Commission announced in a news release this week. That includes sales f ...
May 15, 2019, 7:54 am - Lottery News forum
Nearly $10 million in Louisiana Lottery winnings go unclaimed every year
An unclaimed $1 million lottery ticket sold at a gas station near North Rampart Street in August, 2018 just expired in February, but there are millions of dollars in unclaimed prizes still up for grabs.
The odds of winning the Louisiana Lotto is 1-in-3.8 million, but you don't have to win the jackpot to get a hefty pay out.
We've had four winners this year, and one of them is for $10,000 and no one has claimed it yet, Richard Tallo, owner of Carwash Depot in Ponchatoula, said.
Tallo is ...
May 13, 2019, 7:51 am - Lottery News forum
North Carolina grandfather gives lottery winnings to granddaughter
A North Carolina woman will be 'lucky for life' and be able to pay for college, thanks to her grandfather.
Peter Beckage won the N.C. Lottery game, Lucky for Life, after buying the ticket on April 14, lottery officials said.
The 85-year-old recently moved in with his daughter to be close to family and often plays the game. He bought the ticket after a Palm Sunday pancakes breakfast with his 22-year-old granddaughter, Kelly Thomas.
The next day, he stayed up late to check the drawing.
Apr 26, 2019, 1:42 pm - Lottery News forum
Florida man putting $14.5 million lottery win toward education in India
A Tampa man is a millionaire after he struck the Florida Lottery's $14.5 million dollar jackpot, and he plans to use his windfall to help less fortunate children in his home country of India.
Krishna Barri said he doesn't play the lottery that often but sometimes he will buy a handful of tickets.
For the drawing on December 1, he played 10 tickets at the Zephyrhills Publix Liquor Store and hit the jackpot.
21-30-39-44-45-46. I won't forget those numbers anymore, said Barri.
Barri s ...
Dec 11, 2018, 10:24 am - Lottery News forum
N.J. family that won $429 million lottery jackpot is 'praying' it forward
When Pearlie Mae Smith and her seven adult children won a $429.6 million Powerball jackpot in 2016, they promised to give 10 percent of their winnings the largest jackpot ever won in New Jersey to their church and to help others.
Almost immediately, the Trenton family donated a portion of their winnings to set up the Smith Family Foundation to dole out grants to charities that support their mission to give back to the community. They view their windfall as a way to uphold their strong faith a ...
Oct 1, 2018, 10:30 am - Lottery News forum
Michigan lottery prize worth nearly $520K goes unclaimed
Money goes to school fund
The deadline has passed for a large lottery jackpot to be claimed and as a result, the state School Aid Fund will benefit from it.
A winning Jackpot Slots Fast Cash ticket worth $519,456 expired on Friday, July 27, 2018, one year after it was purchased. That ticket was sold at the Marathon gas station, located at 17040 East Warren Avenue in Detroit.
The winning ticket is the first major prize to go unclaimed this year, but nowhere near the record set in 1998. T ...
Jul 30, 2018, 10:59 am - Lottery News forum