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TagResults 1 - 10 of 34 for audit. (0.02 seconds)

CT Lottery aware of security problems before shutting down game
Months before Connecticut Lottery's 5 Card Cash game was suspended, lottery officials knew there was a security issue that eventually allowed the game to be rigged, according to a four-month investigation. 5 Card Cash, a combination instant-win/evening-draw game, was suspended on November 14, 2015 after it was discovered that retailers were using a flaw in the computer system to rig the game to buy only winning tickets. The problem was the printer, say state investigators. If retailers ordere ...
Jul 7, 2016, 9:01 pm - Lottery News forum

State lawmaker calls for Illinois Lottery probe in light of audit findings
Lottery head resigns, another possible winner payout shutdown looms A state lawmaker is calling for an investigation of the Illinois Lottery after a recent audit revealed it had violated the state finance law. The audit found that the Lottery circumvented the state's budget impasse by prepaying $20 million to take part in future multi-state lottery games, such as Powerball and Mega Millions. State Rep. Jack Franks, D-Marengo, said he wants either Illinois State Attorney General Lisa Mad ...
Jun 12, 2016, 8:45 am - Lottery News forum

Audit: Illinois Lottery broke law to get around budget impasse
Eleven months ago, just as the state budget impasse was about to take hold, the Illinois Lottery violated state finance law by prepaying $20 million to take part in future multi-state lottery games, according to an Auditor General's report. Lottery officials made the prepayment because they were worried that a budget stalemate could prevent the state from participating in the Multi-State Lottery Association's future Powerball and Mega Millions games, according to the audit. The state's Lot ...
May 21, 2016, 5:14 pm - Lottery News forum

Lottery rigging scandal prompts security audit in South Dakota
The scandal unfolding in Iowa, where software allowed some results to be rigged in multi-state lotto drawings, has added to concerns among South Dakota Lottery officials, spurring them to proceed Thursday in requesting proposals for a security review of South Dakota Lottery facilities. The review also would cover the statewide video-lottery system and the statewide lotto jackpot system. Each separately connects with hundreds of private businesses. The scratch-ticket system also would be ...
Apr 13, 2016, 7:22 pm - Lottery News forum

Wyoming Lottery earns high marks in audit of first year
Independent auditors found no major financial issues with how the Wyoming Lottery operated during its first year of ticket sales. The board of directors of the Wyoming Lottery Corp. received results of the audit by Cheyenne-based McGee, Hearne Paiz during a meeting Monday. Board chairman Mark Macy said the lottery seemed to be right on track or at least not significantly off on how our operations were conducted. The audit noted a couple of minor accounting issues that lottery CEO Jon C ...
Nov 4, 2015, 9:05 am - Lottery News forum

Ohio Lottery to conduct review of operations
Not a move to privatization, officials say State officials say there are no plans to privatize the Ohio Lottery Commission amid a pending top-to-bottom review of its management and a document holding out privatized state lotteries as models of interest. A state request for proposals issued on Aug. 24 seeks a consultant to conduct a comprehensive review of the lottery and recommend ways to contain costs and maximize profits, which largely are routed to public schools. One part of the do ...
Sep 3, 2015, 7:39 am - Lottery News forum

China reveals misuse of $2.7 billion in lottery funds
China has uncovered widespread misappropriation of 16.9 billion yuan (US$2.72 billion) of funds from its state lottery program, underscoring the extent of official corruption as the country tries to root out graft. Funds were misappropriated through the buying and building of office buildings and hotels or embezzled, the National Audit Office said in a report on its website. The state auditor said the irregularities accounted for a quarter of the total of lottery funds received in its 2012 ...
Jun 25, 2015, 8:12 am - Lottery News forum

Dozens of 'dead people' collected NJ lottery prizes last year
Nearly four dozen New Jersey lottery winners collected their prizes with false Social Security numbers belonging to dead people, according to an audit of the state lottery system. The audit also found that the lottery missed out on recovering $890,000 that winners owed in taxes and other obligations for the fiscal year that ended last June. The report, released Wednesday, said 680 people who won at least $600 presented potentially invalid IDs from July 2013 to July 2014. People are requ ...
Feb 19, 2015, 4:32 pm - Lottery News forum

NJ lottery winners still receiving welfare, food stamps, audit says
An audit sniffing out fraud in New Jersey's Supplemental Nutrition Assistance Program detected 66 lottery winners who were perhaps too lucky. They were all welfare and food stamps beneficiaries who had each won more than $10,000, including one person who had been collecting $1,000 a week from the Win for Life scratch-off game prior to 2009. Ten other winners netted more than $100,000 in lottery proceeds from 2011 to 2013. All of them were still collecting food stamps this year, according to t ...
Dec 6, 2014, 2:52 pm - Lottery News forum

Audit: Stores buying Michigan lottery tickets from players
Some Michigan stores that sell lottery tickets are hitting the jackpot by buying winning tickets from desperate players at a discount, according to auditors who are urging a crackdown on the illegal practice. Lottery players who owe back taxes or other debts don't want the state to learn their identity. So they're probably selling winning tickets back to retailers for less than what they're worth, the audit found. An audit released Tuesday said 37 store owners turned in winning tickets wor ...
Nov 18, 2014, 10:13 pm - Lottery News forum

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