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Most lottery players never see big payoffReply
While it is true that putting $1 a week in the bank won't help you to retire, saying that deducting part of your income every week in a savings plan at work or an IRA (both use pre-tax dollars) and averaging 5% over 30 years is the same as playing the lottery is absurd. I can't even think of a word for saying the lottery is a better way of investing your money than saving for retirement. By law, a company can't tell you where to put your money. They need to offer you choices (think 3 is the mi
Dec 18, 2007, 6:39 pm - justxploring - Lottery News

N.C. Lottery passes: 'What a battle'News Story
This was one milestone event everybody could end up buying a ticket for, even the no crowd.Legislation creating a North Carolina lottery passed the state Senate Tuesday, prompting mixed reactions from some locals.The bill was ready for Gov. Mike Easley's signature. What a battle, state Rep. Arthur Williams, D-Beaufort, said from his Raleigh office. I'm kind of excited about it, Williams added. It's been a lot of hard work for me, a lot of us up here. Williams served on a 15-member committee
Sep 1, 2005, 3:45 pm - Todd - Lottery News

Unclaimed lottery prizes fund Tennessee school programsNews Story
Struggling students in danger of failing will now have somewhere to go to get academic help after the last bell rings.The first crop of 20 Lottery Education After-school Programs, which include six in Middle Tennessee, were recently awarded and they will share $2 million in unclaimed lottery prizes. Starting this fall, they'll provide tutoring, teach computer literacy, offer sports, and help students in danger of failing gain the reading and math skills they need.About 140 school systems, faith-
Jul 11, 2005, 12:51 pm - Todd - Lottery News

Mega Millions fuels California lottery sales recordReply
i will be glad to... now i want you take a deep breath and think about this issue removing your emotions (a need to win fueled by irrational thought process's) ...and inserting rational thought(s) instead. this stuff is really easy. someone is always going to win eventually (it could be you). after the odds get high enough that they cannot be covered (like maybe in a pick3 game where the odds are a little more obtainable ), then it becomes a matter of IF you are meant to . i don't see
Jun 24, 2005, 7:32 pm - visiondude - Lottery News

Maine Gov. moves forward on controversial lottery planNews Story
As Republican lawmakers pressed for more details Monday, the Baldacci administration was fast-tracking its plan to sell off Maine's lottery revenue stream in order to help balance the state's two-year, $5.7 billion budget. Part of the state's efforts involve officials looking for outside help in pricing and structuring the lottery deal.Rebecca Wyke, the governor's chief finance officer, and Dan A. Gwadosky, executive director of the Maine State Lottery, told members of the Appropriations Committ
Mar 1, 2005, 2:39 pm - Todd - Lottery News

Lottery proposal faces long odds in NevadaNews Story
Motivated by a struggling education system, Nevada lawmakers are trying for the 23rd time since 1975 to establish a statewide lottery by amending the Nevada Constitution. They say a history of failures and past opposition by the states dominant casino industry wont keep them from trying again.Advocates say a lotterys potential profits, after prizes and operating expenses are deducted, could generate from $30 million to $70 million each year for education money they say is sorely needed.Nevada ra
Feb 28, 2005, 1:02 pm - Todd - Lottery News

Nevada lawmakers propose lottery to fund educationNews Story
Top Nevada Democratic lawmakers said Friday they're betting the time is right for the nation's No. 1 gambling state to create a lottery to solve what they called a crisis in education funding. Our classrooms are too large and not enough students have textbooks, said Assembly Speaker Richard Perkins, D-Henderson. He and two other elected Democrats called for a dedicated and directed funding stream for schools, which tend to perform below the national average in many surveys. Nevada ranks 48t
Jan 22, 2005, 12:30 am - Todd - Lottery News

Lottery fantasy comes trueNews Story
Like many people, La Pheris F. Powers of Springfield, Massachusetts had fantasized about what he would do if he won the lottery.Now that he has, his nine grandchildren and niece don't have to worry about paying for college.The number one thing I want to do is make sure they get the best education available to them, said Powers, who won $4.5 million Sept. 20 in the Megabucks game.Powers, a 63-year-old retired Northeast Utilities engineer, doesn't plan on buying any new fancy cars or house or clo
Oct 1, 2003, 3:39 am - Todd - Lottery News

Georgia Lottery set to go broke without rules changeNews Story
If the rules for earning one of Georgia's coveted HOPE scholarships were a little stricter, student D-1 - as he was described to a legislative committee last week - never would have made the grade. He earned three A's and 11 B's during his high school career, but his other grades - 16 C's, two D's and one F - would have put the HOPE scholarship, which requires a B average, beyond his reach.But scholarship rules allowed administrators to ignore the F he made in algebra because other courses gav
Aug 5, 2003, 5:04 am - Todd - Lottery News

New Mexico lawmakers introduce bill to end lotteryReply
What a Cretin! Research shows that lower income folks spend a much higher percentage of their income on lottery tickets, McQueen continued. How did someone as moronic as McQueen get elected in the first place? It's called MATH! Not reasearch. If an 18 year old kid makes $500 on a summer job and spends $500 on lottery tickets then they spent 100% of their income on tickets. According to information from a google search the median income in New Mexico in 2022 was $51,243 so if
Feb 21, 2023, 1:57 pm - Think - Lottery News