New Mexico reduces college scholarships funded by lottery
Lottery given minimal flexibility to increase sales
College scholarships funded by New Mexico lottery proceeds will cover 60 percent of tuition costs for the next school year down from 90 percent as state education officials announced changes Wednesday aimed at stretching dwindling revenue for the financial aid program.
The lottery-based scholarships help pay tuition for about 26,000 students at public universities, four-year colleges and two-year community colleges throughout the state. N ...
May 31, 2017, 3:58 pm - Lottery News forum
New Mexico House committee endorses changes in lottery operations
Financial bonuses for state lottery officials and contractors would be tied to increases in scholarship money available to New Mexico college students under a bill that got unanimous bipartisan approval from a House committee Monday.
House Bill 250, sponsored by Rep. Jason Harper, R-Rio Rancho, also would require the state lottery to transfer money from unclaimed cash prizes usually $2 million to $4 million a year to the lottery scholarships fund.
In addition, the bill would halt a pilot p ...
Feb 28, 2017, 3:40 pm - Lottery News forum
N.M. Lottery chief wants to scrap earmark for education
The head of the New Mexico Lottery says his organization could provide more money for students if the Legislature scrapped a requirement pledging 30 percent of ticket sales to college scholarships.
David Barden, chief executive officer of the lottery, said eliminating the requirement would allow for larger cash prizes and higher-priced lottery tickets, such as a $20 model. In the long run, Barden said, that change would pay off with more money from the lottery going to the college scholarship ...
Oct 3, 2016, 7:49 am - Lottery News forum
New Mexico's gas pump lottery sales face legal hurdle
The Play at the Pump pilot program is facing a legal test regarding how New Mexico customers purchase their Powerball and Mega Millions lottery tickets.
As Lottery Post reported last week, consumers can now purchase New Mexico lottery tickets at some gas pumps without having to enter a store. However, the New Mexico House and Ways Committee subsequently objected that state law allows for the purchase of lottery tickets by only cash and checks, not debit cards as used at the pump, and attempts ...
Aug 9, 2016, 10:40 am - Lottery News forum
New Mexico lottery players now able to buy tickets at gas pumps
A state lawmaker is concerned over a new program that allows people to purchase lottery tickets at gasoline pumps in New Mexico.
The new program started a couple weeks ago despite a state statute requiring all lottery tickets be purchased only with cash or check and not with credit cards.
It prints it out right there nice. I guess it'll save me a lot of time, a lottery player said Tuesday.
Another Las Cruces resident is concerned: They need to have some sort of legislation to stop peop ...
Aug 4, 2016, 10:42 am - Lottery News forum
New Mexico Lottery celebrates 20 years in operation
The New Mexico Lottery is celebrating its 20th anniversary, unveiling a special logo and rewarding players with extra rewards points.
Since launching on April 27, 1996, the New Mexico Lottery has sold approximately $2.6 billion in tickets with prizes of more than $1.4 billion. And, New Mexico Lottery sales resulted in many positive economic impacts, among which were:
53 prizes of $1 million or more including five Powerball jackpots totaling $526.1 million; More than $174 million in retail ...
Apr 27, 2016, 11:04 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
Lottery scandal unlikely to affect New Mexico, official says
The expanding investigation of a former security chief for the national association that operates Powerball, Mega Millions, Hot Lotto and other lotteries is unlikely to affect New Mexico at this point, state lottery CEO David Barden said this week.
State officials, however, have been in touch with Iowa investigators, cooperating with them and providing requested data on some local jackpot winners.
Eddie Tipton, who worked for the Des Moines-based Multi-State Lottery Association since 2003 ...
Dec 26, 2015, 1:35 pm - Lottery News forum
N.M. man told $500k winning lottery ticket a 'misprint'
A New Mexico man thought he won big bucks on a lottery scratcher only to find out it was a misprint.
In December, John Wines bought a scratch-off lottery ticket at the Shell gas station in Roswell, New Mexico.
The winning numbers were 1 and 2.
As John started scratching, he came across not 1,2,3 or 4 but 5 winning numbers, totaling over $500,000.
If you look closely at the ticket, you can see part of a number that's supposed to be next to the 1's, but it's very faint and you can't te ...
Jan 5, 2015, 1:10 pm - Lottery News forum
$1 million lottery prize goes unclaimed
It's the big Christmas payout that will never be.
Two months ago, someone won $1 million on a Powerball ticket at an Albuquerque, New Mexico, gas station. The deadline for claiming the huge prize came and went Wednesday, with nobody stepping forward with the winning ticket.
If I had a million dollars, I could do a lot of good things with it, Kevin Chavez said.
The ticket, which sold late September at the Circle K near Ellison and Coors was worth $1 million.
That's crazy, Marianne H ...
Dec 26, 2014, 8:32 am - Lottery News forum