West Virginia resisting trend to privatize Lottery
About a dozen states are flirting with the idea of selling their lotteries to private companies to help plug financial gaps in their budgets.
But West Virginia officials say they so far have not seriously considered such an initiative, which would privatize the state lottery in exchange for quick cash.
California Gov. Arnold Schwarzenegger, for instance, wants to sell the Golden State's lottery to bring in as much as $37 billion. Under Schwarzenegger's plan, the state lottery would be leas ...
May 10, 2007, 4:26 pm - Lottery News forum
Lotto tickets lead cops to murder suspect
Lottery tickets left at the scene of a double slaying at a Southwest Side grocery store in 2005 have led Chicago police to the suspected killer, police said today.
Timothy Fountain, 36, of the 12700 block of South Morgan Street, has been charged with two counts of first-degree murder in the course of a felony in the Aug. 4, 2005, slayings of Graciela Rodriguez, 38, and Nicholas Guerrero, 74, police spokesman Pat Camden said.
Police believe Fountain shot the two during a hold-up inside Magg ...
Apr 13, 2007, 7:11 pm - Lottery News forum
Rebecca Paul Hargrove: Former newswoman cashes in on lottery career
If running a state lottery is a risky business, you could say that Rebecca Paul Hargrove has hit the jackpot.
The onetime community affairs director of WICS-TV in Springfield, Hargrove then known as Rebecca Paul was named to head the Illinois State Lottery in 1985 by Gov. James Thompson.
She went on to be named the first director of Florida's lottery in 1987. Her lottery start-up experience led her to head Georgia's new games in 1993, and in 2003, she was named president and CEO of the ...
Apr 2, 2007, 1:54 pm - Lottery News forum
State Mourns Passing of Illinois Lottery Superintendent Carolyn Adams
Celebrated for leading agency to largest sales and profit figures in Lottery history
Carolyn Adams, 44, Superintendent of the Illinois Lottery since May 2003, passed away Monday morning in Chicago following a private struggle with breast cancer.
As head of the Illinois Lottery, Adams played a key role in increasing the Lottery's contribution to education. During her tenure, Adams was instrumental in overhauling the Lottery's product portfolio, introducing new games and drawings, improving ...
Mar 27, 2007, 11:06 am - Lottery News forum
Illinois Is Putting Lottery on Block for Quick Payoff
The state of Illinois yesterday took the first steps in selling its state lottery system, hoping to attract as much as $10 billion from investors who, in return, would own a monopoly that could turn out to be the biggest jackpot yet.
The sale, which may occur as early as the spring, would not be the first privatization of public property - both Chicago and Indiana have recently earned billions of dollars by signing long-term leases with private companies to run toll roads. But the proposed l ...
Jan 23, 2007, 8:11 am - Lottery News forum
Illinois woman wins $7 million lottery jackpot
When Alberta James of Machesney Park, Ill. arrived home from work tired and soaked from the rain last week, she listened to a garbled message on her answering machine from her best friend about the Lottery. At the time, Alberta had no idea that her life was about to change.
When I called my friend back she said, 'Oh my God, you're rich. One winner has a $7 million ticket they bought from Vince's, and I'm sure it's you!' said James. She didn't believe her friend: You dream about it, but you ...
Nov 18, 2006, 9:57 am - Lottery News forum
Single winner takes $7 million Illinois Lotto jackpot
A single winner has taken the $7 million jackpot from the latest drawing of the Illinois State Lottery's Lotto game.
The ticket sold in Loves Park was the only one to match all six winning numbers from Wednesday night's Lotto drawing.
The next Lotto drawing will be Saturday night, and will feature a grand prize of $2 million.
Wednesday night's drawing also produced 20 second-prize winners who matched five of the six winning numbers and will receive prizes of $1004 apiece. Another 1,048 ...
Nov 9, 2006, 8:33 am - Lottery News forum
Greenup Jumpin' Jimmy's sells lottery ticket worth $12.25 million
Monday proved busier than normal for Jumpin' Jimmy's manager Becky Lewis.
I haven't gotten hardly any paperwork done today because I've been answering the phone so much, she said.
But what do you expect when word gets out that a $12 million-plus lottery jackpot ticket was sold at the small town fuel station?
Illinois Lottery officials confirmed that the lone winning $12,250,000 Lotto ticket was purchased at the Greenup Jumpin' Jimmy's on Saturday but was still unclaimed as of press ti ...
Oct 3, 2006, 12:33 pm - Lottery News forum
$10 Billion Lottery Proposal Stalls in Illinois
A proposal by Illinois Gov. Rod Blagojevich (D) to increase funding for public education by selling or leasing the state lottery for $10 billion may be headed nowhere.
Blagojevich announced the proposal with much fanfare on May 23, but no supporting legislation has been introduced, political leaders are peppering the governor with questions that have not been answered, and allegations of political payoffs and cronyism have surfaced.
A key inquisitor has been state House Speaker Michael Mad ...
Jul 26, 2006, 6:12 pm - Lottery News forum
Illinois lottery privitization plan panned by tax group
An estimated $10 billion windfall from the sale or lease of the Illinois Lottery for state education funding would be short-lived, maintains a new report by the Center for Tax and Budget Accountability, a Chicago-based fiscal policy think tank.
Introduced by Gov. Rod Blagojevich May 23, the proposal calls for funneling $4 billion in sale proceeds for school construction, text books purchases and new programs, such as full-day kindergarten and a longer school year.
The remaining $6 billio ...
Jun 22, 2006, 9:06 am - Lottery News forum