Reporter honored for lottery coverage
Steve Geissinger, the Sacramento bureau chief for ANG Newspapers, received a national award Friday night from the Association of Capital Reporters and Editors for coverage of California's controversial entrance into the multi-state Mega Millions lottery.
Geissinger won third place. The association is composed of journalists from the capitals of all 50 states.
Early last year Geissinger began writing more than two dozen lottery stories, which also appeared in the Los Angeles Daily News and ...
Aug 7, 2006, 11:39 am - Lottery News forum
Andy Rooney: Lotteries and lottery players are stupid
Editor: The following is a weekly 60 Minutes commentary by CBS News correspondent Andy Rooney, originally broadcast on March 19, 2006, and re-broadcast last night.
The study that Rooney quotes, saying that poor people gamble the most, is completely false. All credible studies show that all demographics gamble roughly the same amount. Rooney's commentary is shown here to illustrate the ignorant and myopic arguments of some anti-lottery critics.
I suppose it's true that I'm too easily annoye ...
Aug 7, 2006, 8:28 am - Lottery News forum
New TV drama about lottery winners gets mixed reviews
In 'Windfall,' Money Buys Complications Galore
Windfall, NBC's new drama series about a pack of lottery winners, is not likely to be a long-term winning ticket for the struggling network. Fortunately, this soap opera disguised as a prime-time show is an addictive frolic for summertime, when reality TV takes over the airwaves.
Windfall's plot does sound like a reality show: Twenty people from differing backgrounds split a $386 million jackpot after winning with a group ...
Jun 8, 2006, 8:18 am - Lottery News forum
Lottery fever is alive and well in New Jersey
They call themselves the Coolers, based on the 2003 Las Vegas thriller The Cooler, starring William Macy. He plays a character who is hired in old-school casinos to subdue high rollers' action, until he falls in love.
Unlike the movie, this group has not encountered Lady Luck and has yet to pinpoint its cooler. But that doesn't stop them from continuing their 15-year tradition of Thursday lottery lunches.
It's no coincidence that Thursday just happens to be when the Pick 6 is drawn.
Apr 9, 2006, 10:39 am - Lottery News forum
Lottery winners share money advice
3 who hit jackpot in S.C. games share advice on the pitfalls of newfound wealth
Just in case you're the first one to win big money in the N.C. Education Lottery that starts Thursday, S.C. lottery winners have some advice:
Be careful about loaning money. Get a tax adviser. And if you owe anyone money, don't let lottery officials put your picture on the Internet.
Don't get them wrong. Three winners interviewed by the Observer are perfectly happy to keep the money, thank you. But they've h ...
Mar 28, 2006, 4:06 pm - Lottery News forum
What would the experts do with a lottery jackpot?
Investment Hanging on to all those millions can be as tough as winning in the first place
If you won the lottery, as eight Nebraska meatpackers did last month, splitting a $365 million jackpot, what investment would be at the top of your wish list?
Without a plan, the reality is that 70 percent of all lottery winners will squander away their winnings in a few years, said Peter Toll, president of Family Heritage First in West Linn and past president of Oregon's Financial Planning Ass ...
Mar 9, 2006, 6:56 am - Lottery News forum
Behind the scenes of the Georgia Lottery
The Georgia Lottery had record-breaking sales last week a whopping 80 million dollars.
The lottery has been around for 13 years now and lottery officials say 86 percent of Georgians play. But is it a fair game? WALB News took a behind-the-scenes look to find out.
Every day, two lottery employees and an auditor get things ready for the drawings. A computer will determine which machines, even which balls will be used.
Draw manager Bridgette Knight prepares to retrieve the machines tha ...
Feb 14, 2006, 1:18 pm - Lottery News forum
Lottery newsletters try to predict winning numbers
Let's start with the good news: You are about to win $500. No, it's not 100 percent certain, but frankly, it looks pretty darn good. All you need to do is drive to New York, buy a lottery ticket and play the number 686. Hello 500 smackeroos! It's basically a lock and you want to know why? Well, Roy Siano is glad you asked. Double sixes are our best bet for the next issue, he says.That would be the next issue of 3 + 4 Digit Lotto Stats, one of two biweekly publications owned, edited and publishe ...
Jan 24, 2006, 8:39 am - Lottery News forum
Survey: 20% say lottery is most practical path to wealth
A majority of Americans are pessimistic about their ability to save $200,000 in net wealth in their lifetimes, and more than one-fifth say the lottery is the most practical way for them to reach that type of goal, according to a new survey.Just 26% of adults surveyed think they could accumulate $200,000 in net wealth in their lifetime, and 9% believe they could collect $1 million, according to the survey of about 1,000 Americans by Opinion Research Corporation for the Consumer Federation of Amer ...
Jan 10, 2006, 6:54 am - Lottery News forum
2005 a trying year for Texas Lottery chairman
Tom Clowe says he was never much of a gambling man, but he was willing to take his chances when he asked Gov. George W. Bush in 1998 to give him an opportunity to serve the state in a volunteer capacity. I said to Governor Bush: I'm ready to do public service now. Give me the worst job that you've got,' Clowe recalled in a recent interview. And, man, he did! Bush appointed Clowe in November 1998 to the board that oversees the Texas Lottery Commission, which was still reeling from a string of ...
Jan 2, 2006, 7:42 am - Lottery News forum