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Star Spangled lottery not a hit with playersReply
I'd appreciate an explanation, Coin Toss. What makes this better or worse than another lottery game in your opinion? As I wrote above, sometimes the odds look really great to me until I break it down. I mean, getting the chance to win $10,000 (200 winners) with odds of 1 in 7,500 (according to the FL site) sounds pretty good. Then I say to myself but there will be 7,300 people who don't win. Well, there's an expression we've all heard that people who play the lottery are bad in math, s
Jun 28, 2007, 2:33 pm - justxploring - Lottery News

Despite strong opposition, Indiana moves ahead with selling lotteryReply
Simple math tells us this can't be a good deal for anyone. If business would make money buying the state lottery that's money the state could have made just as well. Selling off the people's assets to private industry for short term gain is not in our best interest. Business is always ready to buy, devalue, cheapen, take a profit and abandon. Like any over paid takeover the customers pay the price in less for more. It isn't like we're ever going to see a lottery for the people wi
Jan 24, 2007, 1:49 am - BobP - Lottery News

Texas Lottery hires interim director to full-time postNews Story
FLASH: New lottery director may change computerized Megaplier to real lottery ball drawing, expert says computerized drawings flawed Anthony Sadberry, a longtime Houston attorney who led a reorganization of the Texas Lottery in the past five months as acting director, was named the agency's permanent head Wednesday. Sadberry's hiring was widely expected among agency observers and staff, many of whom have praised his straightforward and hands-on approach. Commission Chairman C. Tom Clow
Jun 29, 2006, 11:12 am - Todd - Lottery News

Illinois Gov. wants to privatize state lotteryNews Story
Controversial plan is designed to capture funds for education up-front, but is it worth the gamble? Democratic Illinois Governor Rod Blagojevich today will unveil an election-year school funding plan that calls for leasing the state lottery for the next decade to a private firm in return for $10 billion in upfront cash. Schools would get at least $1 billion a year for the next four years from such a deal, with the remaining $6 billion going into an education trust fund governed by a board
May 23, 2006, 2:38 pm - Todd - Lottery News

What would the experts do with a lottery jackpot?Reply
Uncle Jim - There's nothing hard hearted about your assessment of deductions and charitable donations. Deductions are great if they're for money you either needed or wanted to spend anyway, but giving away $1 and saving 35 to 45 cents on your taxes leaves you with 55 to 65 cents less than you started with. That's just simple math and math has no feelings. In figuring how much I would actually get from a substantial win I just assume that as a practical matter I'd pay the maximum rate on all of
Mar 10, 2006, 1:36 pm - KY Floyd - Lottery News

Breakfast buddies file suit over lottery ticketReply
Sometimes the issue of Having * integrity* lays heavily in court cases. Since most of the reporters allegations are merely on the sums lets play math here. Any citizen may bring any ludicrious amount to the court systems and ask for it in their case. The FACTS are - rarely are those sums granted or ever paid in winning cases. Even when Major corporation are sued -they dont write out a check to the defendent-instead they tie the case up in appeals. What this gang is doing is typical- its DOESNT p
Dec 30, 2005, 4:57 pm - TheGameGrl - Lottery News

Heflin won't take Texas Lottery director jobNews Story
Former state Rep. Talmadge Heflin ended his flirtation with becoming director of the Texas lottery Thursday and decided instead to file for the House district in Houston that he lost by a scant 16 votes in 2004. I had made the decision to run for the House about three weeks ago, but I put it off after being asked to apply for the lottery position, said Heflin, a 22-year legislative veteran who headed the budget-writing House Appropriations Committee before being upset by Democratic newcomer Hub
Dec 16, 2005, 6:37 am - Todd - Lottery News

Powerball lottery madness spreads to big mediaReply
Seems to me every state ought to shoot for the pride of paying the highest salary on record to the director, or head of their lottery agency. States ought to compete to be the ones paying the head chief kahuna more than other states. Easy enough to accomplish. States ought to be paying their lottery director salaries based on an annuity. Yeah, the guy only makes ten grand a year this year. But fifty years from now he'll be in tall cotton. Give those lottery directors an opportunity to cash i
Oct 19, 2005, 9:46 am - Rip Snorter - Lottery News

Powerball lottery madness spreads to big mediaReply
I acutally had an argument today with someone who swears this is the biggest lottery jackpot ever, and they know so because they saw it on the news. My reply was, Oh, I didn't know that $340 million is bigger than $363 million, must be that new math I heard about . Anyway, I'm excited about the drawing and dreaming about a big win. I know the odds are way against me, but hey, dreaming can be fun!
Oct 18, 2005, 10:16 am - mrmst - Lottery News

Landmark bill would ban computerized lottery drawings in DelawareReply
Hey, Todd. Swiss cheese? I don't see you filling in any of those holes with facts or references or experience from visiting a gaming operation and seeing something amiss. You do miss the point, and I am certain you did not intend to insult by insinuating I am a lotery person out to battle the cynics and naysayers...You see, while all of the cynics and naysayers are worried about whether a draw method is rigged (which isn't happening at the hands of any state or casino in any small conspiracy, at
Feb 10, 2005, 7:40 pm - bigbets - Lottery News