Millions in prize money never claimed by NJ lottery players
While the New Jersey Lottery pays out well over $1.8 billion in prize money each year, players lose out on tens of millions more when they fail to claim their winnings.
In just the past eight years, about $317.7 million in payouts have been forfeited by players who fail to cash in their ticket within a year as lottery rules require.
While lottery players are more diligent in some years than others, there's been at least $33.9 million forfeited every year since 2008.
Winners have a year ...
May 23, 2016, 9:14 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
Which lottery games do N.J. residents spend the most money on?
While Powerball and Mega Millions capture the public's attention when their jackpots soar into the hundreds of millions, it's other lottery games that pay the freight in New Jersey.
During fiscal year 2015, the New Jersey Lottery sold more than $1.7 billion in scratch-off tickets, which accounted for about 57 percent of the roughly $3 billion the lottery generated last year.
Mega Millions and Powerball, tickets for which are sold across the country, combined make up less than 11 percent of ...
May 13, 2016, 8:25 am - Lottery News forum
NH Lottery may increase storeowners' lottery bonus
If someone walks into a New Hampshire corner store and walks away with a $160 million lottery ticket, the store owner's takeaway is capped at $30,000, the lowest such retail lottery cap in the United States.
The NH Lottery Commission would like to increase that possible retail jackpot to $75,000, a 150 percent raise, although it would still lag behind Massachusetts's $100,000.
Not that that those jackpot happen very often, mind you. A $3 million or more hit enough to reach that cap only st ...
Mar 25, 2016, 5:21 pm - Lottery News forum
Consultant lays out 'ambitious' vision for Arkansas Lottery
A consultant for the Arkansas Scholarship Lottery envisions ticket sales steadily increasing from $450 million in the current fiscal year to $615 million by fiscal 2021 and net proceeds for scholarships rising from $85 million to $109 million in the same period.
Camelot Global Services' self-described ambitious five-year business plan proposes many changes, including overhauling the portfolio of scratch-off and draw-game tickets, increasing the lottery's $5 million marketing budget to $7.5 mi ...
Mar 13, 2016, 11:33 am - Lottery News forum
NC Lottery tries persuading lawmakers to expand games
North Carolina could collect more money through the state-run lottery if it expanded the number of games offered, Lottery Director Alice Garland told lawmakers Thursday. But such a move would likely have to wait until next year and would have to get past a sizable cadre of conservatives deeply suspicious of any move to expand the games.
If that's a source of revenue other legislators want to pursue, that's out there, Rep. Jason Saine, R-Lincoln, said after the meeting, adding quickly that le ...
Mar 11, 2016, 10:29 am - Lottery News forum
Illinois lottery players could lose ability to play online
A test program that allows Illinois Lottery tickets to be sold online expires March 25, and the state is likely to lose out on money for education and construction projects unless lawmakers take action.
A measure to make online lottery sales permanent has yet to move in the House, and lawmakers aren't scheduled to return to the Capitol until April 4.
In 2012, Illinois became the first state to sell lottery tickets online and gambling options expanded with the addition of a mobile app in 20 ...
Mar 4, 2016, 11:07 am - Lottery News forum
Falling lottery sales pinch college scholarships
The ticket-buying frenzy that erupted over January's $1.6 billion Powerball jackpot wasn't enough to reverse a long-running trend: Proceeds from lottery games aren't keeping pace with the higher education costs they were supposed to pay.
Now lawmakers in at least eight states have made or are considering making dramatic cuts to scholarship programs funded by lotteries. The programs, aimed at opening access to college by providing nearly free tuition, include one at the University of New Mexic ...
Mar 3, 2016, 12:23 pm - Lottery News forum
Scratch games power increased Arizona Lottery revenues
Arizona Lottery sales exceeded $379.9 million during the first half of its 2016 fiscal year, which ran from July 1 through Dec. 31, 2015.
These numbers represent an increase of 12.2 percent over the same period during the previous fiscal year. Notably, the increase does not include the entire windfall of sales generated by the record-breaking $1.6 billion Powerball jackpot drawing which took place in January.
Sales data indicates there were an average of more than 97,000 winning Arizona L ...
Feb 22, 2016, 5:40 pm - Lottery News forum
Pennsylvania Lottery pays off for state's senior citizens
Darlene Henderson has played the daily Pick 4 off and on since the 1980s, though she hasn't won a substantial jackpot.
Her payoff from the Pennsylvania Lottery comes from the more than $1 billion raised annually for senior programs and services statewide.
From the beginning, they always said it was to help senior citizens, said Henderson, 67, of East Liberty. That's a good cause.
Since its first drawing in 1972, Pennsylvania's lottery has contributed nearly $25 billion to senior progr ...
Feb 14, 2016, 5:52 pm - Lottery News forum