Tennessee Lottery shortfall requires reserves
$10 million needed to fully fund scholarship grants for students
Are computerized drawings hurting sales? Will the Tennessee Lottery bring back real ball drawings? Why is Powerball always blamed for poor financial showing in Tennessee?
The state of Tennessee probably will have to pull about $10 million from reserves to keep lottery scholarships fully funded this year, budget officials said after reporting a revenue shortfall last week.
State Budget Director Bill Bradley said the state w ...
May 4, 2009, 6:35 pm - Lottery News forum
Bill limiting lottery prizes of people on public aid fails
See previous story at www.lotterypost.com/news/191985.
A proposal that would limit Tennessee lottery winners on state or federal assistance to $600 failed in the House State Government Subcommittee.
The measure sponsored by Rep. Stacey Campfield, a Knoxville Republican, failed Wednesday for lack of a second.
Campfield says people receiving assistance should not be spending money on lottery tickets, but rather on education or to put food in their children's mouths.
The proposal would ...
Apr 28, 2009, 10:57 pm - Lottery News forum
Tennessee may cap lottery winnings at $600 for poor
The Tennessee Legislature is considering a bill that could end up making life more difficult for the poor or could help them, depending on your point of view.
The bill at the center of the issue is scheduled to be discussed at a committee hearing Wednesday. It would prohibit anyone receiving state or federal assistance, sometimes called welfare, from winning $600 or more in the state lottery.
The bill's sponsor, Rep. Stacey Campfield (Knoxville), said that if someone can't afford the basic ...
Apr 7, 2009, 11:31 pm - Lottery News forum
Million-dollar winner remains frugal after windfall
You often hear about money-crazed lottery winners going out and blowing their big wad of money on wild, over-the-top stuff.
But not Tiffany Weightman, the lucky, level-headed Murfreesboro lady who won a cool million with a scratch-off lottery ticket at a Mapco Express just about a month ago.
When you dream about winning a million dollars, you say I'm going to have a mansion and I'm going to get a BMW and all that, but when you win, it's reality,'' she said.
You realize that all of tha ...
Mar 31, 2009, 8:52 pm - Lottery News forum
Hitting the jackpot: Rebecca Hargrove's winning strategy
Tenn. Lottery CEO says tickets seem recession-proof, help fund college educations
You may not have heard of Rebecca Paul Hargrove, but in the lottery world, she's a celebrity.
The brash, hard-charging CEO of the Tennessee lottery has accomplished what nobody else has in the state-run gaming business. She ran the lottery in Illinois where sales topped $1.3 billion. Next, Hargrove moved to Florida, where she set a new record: $95 million in sales the first week.
In Florida, Hargrove's mar ...
Mar 29, 2009, 11:37 am - Lottery News forum
Couple at odds over Powerball lottery prize
The proceeds from a winning Powerball ticket have split a Sevierville, Tennessee, couple who have two children together and are expecting a third, according to documents filed in Sevier County Circuit Court.
Pamela Jo Newsome has filed a complaint seeking an injunction to keep Mark Saul from spending any of the $200,000 from a winning Powerball ticket purchased in Pigeon Forge.
According to her complaint, Newsome is carrying their third child together, although they have never married. New ...
Feb 3, 2009, 2:54 pm - Lottery News forum
Many states' lottery sales are rising in recession
Even in these tough economic times, many people are feeling lucky.
More than half of all states with lotteries have reported rising sales over the past six months, and some researchers say financial insecurity might be driving people to risk more of their money than usual on $1 and $5 instant scratch-offs and other daily games in hopes of a big payoff.
Someday somebody is going to win and I hope it is me, said Albert Atwood of Nashville, who spends $100 weekly playing the Pick 5 and Lotto ...
Jan 12, 2009, 8:49 am - Lottery News forum
Tenn. Lottery CEO blames lagging sales on Powerball
Hey, you wanted to be in the gambling business...
Tennessee officials are hedging their bets on Powerball to lift the lottery out of a sales slump that could hurt revenue projections for education.
Lottery CEO Rebecca Paul Hargrove says lottery sales have been running about $400,000 less per week than last year since the fiscal year began July 1.
She blames Powerball. The jackpot went over $300 million at one point last year but hasn't reached that level yet this year. Bigger jackpots i ...
Nov 18, 2008, 5:27 pm - Lottery News forum
Lottery scratch games still being sold after jackpots are gone
Feeling lucky today?
Then don't buy a $20 scratch-off ticket for the New Jersey Lottery's $1,000,000 Explosion game.
Your chances of winning the $1 million top prize are Z-E-R-O.
The six top prizes were awarded months ago, but the $20 tickets are still on sale. The best prize available today is $10,000.
State lotteries are coming under renewed criticism for selling scratch-off tickets after the top prizes have been given away. The latest challenge comes from a professor who says ...
Jun 30, 2008, 1:22 pm - Lottery News forum
Tenn. proposal for real lottery drawings withdrawn
Somber news for Tennessee Lottery players
A proposal to require the Tennessee Lottery to abandon computerized drawings has been withdrawn for the year.
The chairman of the House State and Local Government committee announced Tuesday that the bill sponsored by House Minority Leader Jason Mumpower, a Bristol Republican, was taken off notice.
Mumpower had said he introduced the manual drawings measure in response to a loss in consumer confidence following a computer programming error last ...
Apr 30, 2008, 7:38 am - Lottery News forum