New Hampshire crushes lottery winners with new 10% tax
Two $1M winners rush to get prizes before taxes skyrocket
Will higher taxes have the wrong effect and reduce revenue to the state?
The day before a massive 10 percent state tax on lottery prizes went into effect in the Granite State, two winners claimed separate $1 million jackpots something never before witnessed by a 20-year veteran of the lottery.
Milford High School teacher John Kasparek, 42, of Brookline, took a lump sum cash payment of $650,000 before taxes after a NH Millionaire' ...
Jul 1, 2009, 8:11 pm - Lottery News forum
N.H. Lottery lottery for $1 million winner
New Hampshire Lottery officials are about to pull a scratch ticket from stores, even though one of the $1 million prizes is still unaccounted for.
Officials said 93 percent of the NH Millionaire's Club scratch tickets have been sold, but one of two $1 million winners hasn't been turned in.
Somewhere out there is a scratch ticket worth $1 million, said Rick Wisler, executive director of the New Hampshire Lottery. There's no more inventory in the warehouse. So either the winner is among the ...
Jun 2, 2009, 7:21 am - Lottery News forum
New Hampshire Lottery celebrates 45th anniversary
Trailblazing N.H. had first-in-nation lottery
A tragic mistake. A scandalous experiment in state financing. The shame of New Hampshire.
Opponents of expanded gambling argue that it would hurt the state's image and cause more problems than it would solve. But the quotes above aren't from the current legislative debate; they're from newspaper editorials written in 1964, when New Hampshire launched the nation's first legal state-run lottery.
As the state considers allowing video slot mac ...
Mar 18, 2009, 9:16 pm - Lottery News forum
N.H. hopes to begin selling lottery tickets at Wal-Mart
New Hampshire is looking to Wal-Mart as a possible way to help boost its lottery revenue.
Lottery Director Rick Wisler said lottery machines in Wal-Mart stores could boost sales.
Wal-Mart has resisted requests around the country to sell lottery products. But next year, Arkansas, where Wal-Mart is based, is starting its own lottery, and that has lottery officials everywhere thinking the development might encourage the retailer to change its mind.
Gov. John Lynch last week called on the l ...
Nov 26, 2008, 8:21 am - Lottery News forum
Is the lottery shortchanging schools?
According to the North American Assoc. of State and Provincial Lotteries, 42 states and the District of Columbia run lotteries, and more than half claim the games boost funding for education. But CBS News chief investigative correspondent Armen Keteyian found that lotteries aren't exactly providing a windfall for schools.
If you listen to state lottery ads, we're supposed to believe that all the numbers are supposedly adding up to more and more money for education.
Lotteries help, but n ...
Sep 19, 2007, 12:38 pm - Lottery News forum
Vermont Lottery announces largest Megabucks jackpot in 14 years
The Megabucks prize for Wednesday's draw has surpassed recent record levels, with a current (annuitized) jackpot of $8,900.000. The last time the Megabucks jackpot exceeded $8.9 million was 14 years ago in July of 1993.
Between December 2006 and January 2007, Vermont had three Megabucks winners in a row, winning jackpots of $500,000, $950,000 and $4.5 million. To date, there have been 75 winning Megabucks jackpot tickets sold in Vermont since the game began in 1985.
The highest jackpot t ...
Jul 30, 2007, 8:08 am - Lottery News forum
N.H. Lottery gets approval for $30 scratch tickets
Is the buzz that comes from buying a $20 scratch ticket starting to wear off?
Don't worry; you will soon be able to press a vending machine button and buy a nation-leading $30 ticket if the state lottery commission has its way.
The state Senate overruled its presiding officer and advanced a bill intended to give the Lottery Commission the freedom to decide when the top ticket of $20 has run its course.
Texas and Connecticut are the only state lotteries in the nation selling a $30 scr ...
Feb 24, 2006, 9:45 am - Lottery News forum
Millionaire senator wins $853K in lottery
You might not expect the chairman of the Senate Budget Committee to go around buying lottery tickets, but Sen. Judd Gregg is glad he did.On a whim prompted by the frenzy over Wednesday's $340 million Powerball jackpot, the New Hampshire Republican bought a ticket that matched five of the six numbers in the Powerball game.He collected a $853,492 check Thursday.Gregg spent $20 on tickets this week at a Washington gas station, allowing the ticket machine to generate his numbers at random. As he was ...
Oct 20, 2005, 9:40 pm - Lottery News forum
High gas prices may be cutting into lottery sales
The evidence is far from conclusive, but some people in the business think high gasoline prices have cut into lottery sales in New Hampshire.Rick Wisler, executive director of the state Lottery Commission, is among them, at least with respect to instant tickets. He reasons that with prices so high, many drivers are using credit or debit cards to pay for gasoline. That means they don't have cash in hand, which depresses impulse purchases such as instant lottery tickets. We believe, although there ...
Sep 21, 2005, 4:23 pm - Lottery News forum
New tri-state lottery game to go on sale Sunday
Declining sales have prompted lottery officials from Maine, New Hampshire and Vermont to replace the Tri-State Heads or Tails game.The last Heads or Tails drawing is Saturday.Tickets for a new game, Tri-State Triple Play, are to go on sale Sunday, and the first drawing is Tuesday. Subsequent drawings will happen twice a week on Tuesdays and Fridays.Triple Play tickets will sell for $2.In the new game, players may choose 5 numbers from a field of 1 through 45, or they can have the lottery termina ...
Jun 24, 2005, 11:33 am - Lottery News forum