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Mega Millions winner selling $26M mansion due to son's health says the home has been a 'blessing'News Story
A California Mega Millions lottery winner is selling his $26 million southern California compound and is ready to downsize. I will not be looking to buy such an extravagant home this time around, Rick Knudsen said. I am looking to purchase land and build a home and ranch half the size of what I have now. I will still be looking for a great view and to add more ranch animals maybe a few horses and buffalo. After winning the $180 million jackpot in August 2014, Rick Knudsen purchased 845 a
Nov 20, 2018, 10:22 am - Lottery News

China lottery corruption probe sparks online outrageNews Story
China's government is attempting to downplay social media rumors that lottery administrators have embezzled nearly $20 billion from lottery proceeds. On Tuesday, the South China Morning Post reported on the frantic efforts by Beijing authorities to refute social media chatter that around RMB136b (US$19.5b) had been embezzled by corrupt lottery administrators. A popular meme blames this corruption for the inability of the average citizen to win a sizable lottery prize. The meme has its orig
Nov 14, 2018, 9:41 am - Lottery News

New Mexico Lottery creating game tied to sportsNews Story
The board that oversees the New Mexico Lottery voted unanimously Tuesday to move forward with creation of a game tied to the outcome of sporting events. David Barden, the lottery CEO, said he expects the game to go on sale in four to six months. Details of the game are being worked out, but it will involve a parlay-like wager. A player will pick possible outcomes of at least three sporting events and will have to choose all correctly to win. It's not your grandmother's lottery game, Ba
Oct 31, 2018, 10:57 am - Lottery News

Why the world's biggest lottery jackpot wasn'tNews Story
Call it the world's largest lottery prize that wasn't. The Mega Millions jackpot that had been announced as the biggest ever at $1.6 billion ended up being the second-biggest at $1.537 billion. It's a difference that likely means little to the lucky person who bought the ticket in South Carolina and won Tuesday night's drawing, but it raises questions about how lottery officials make estimates and whether they were influenced by a desire to claim the jackpot amount surpassed all others. Ho
Oct 30, 2018, 10:46 am - Lottery News

Virginia Lottery winner has three minutes to fill grocery shopping cartNews Story
Hands gripping the handle of a shopping cart, Jeff Marsten stood poised behind a black-and-white checkered strip of tape near the entrance of the Weis Markets on Deacon Road at 9 a.m. Wednesday. Give me a countdown to 10 seconds, Kim McGregor said to Angela Beachy. Ten, nine, eight, began Beachy. When she reached one, the 63-year-old Stafford County man was off and running down the coffee aisle. Right behind were the two women, who work for Weis, along with representatives from the Virgi
Sep 20, 2018, 10:39 am - Lottery News

Pennsylvania casinos file suit against state lottery over Internet-based gamesNews Story
Seven commercial casino operators in Pennsylvania have filed suit in Commonwealth Court against the Pennsylvania Lottery over its new breed of casino-style online games. The casino operators are asking the court to stop the Lottery from offering the games, introduced in May, arguing they cut too close to the online games that the casinos say state gambling law reserves exclusively for them. The suit alleges several of the Lottery's games improperly imitate the look, sound and feel of slot
Aug 22, 2018, 3:14 pm - Lottery News

Massachusetts man buys 9 lottery tickets worth $900,000News Story
It took 26 years for his numbers to win big Robert Lundstedt was feeling lucky Monday morning. So lucky that the Bridgewater, Massachusetts, carpenter bought nine Mass Cash tickets from four different locations for that day's drawing, all using his usual combination of numbers: 1, 7, 11, 26, and 30. And that feeling paid off. As he checked the lottery results while buying paper towels the next day, Lundstedt, 56, discovered that he had bought nine $100,000 winning tickets, his wife of 2
Jul 13, 2018, 8:38 am - Lottery News

Pennsylvania iLottery hits $21.6 million in salesNews Story
Rivals complaints lead to marketing changes Pennsylvania's brand new online lottery, the iLottery, reported sales of $21.6 million in its first 26 days from its launch on June 4, despite the best efforts of the land-based casino industry to sink it in the first few weeks. Lottery Executive Director Drew Svitko told local media on Monday that 45,000 players had registered and the iLottery had paid out $18.7 million in prize money during the period, despite the initial roll out offering just
Jul 12, 2018, 10:08 am - Lottery News

Paper-jammed lottery ticket turns out to be $22,000 winner for Kansas coupleNews Story
A paper-jammed Kansas Lottery ticket turned out to be lucky for a couple from Tonganoxie, Kansas. Michael and Virginia Owens will be celebrating their 43rd anniversary in style next month after winning $22,000 playing 2by2 with the Kansas Lottery. The couple matched both red balls (11 and 18) and both White balls (07 and 23) to win the top prize. We play 2by2 almost every day. It's a lot of fun, said Virginia Owens. We had a free ticket winner, so we went to the store to get a new ticket,
Jun 30, 2018, 8:53 am - Lottery News

Study: Neighbors of lottery winners are more likely to go bankruptNews Story
As if you needed proof that trying to keep up with the Joneses isn't a good idea, here it is: Close neighbors of lottery winners in Canada tended to spend more on conspicuous goods, put more money into speculative investments such as stocks, borrow more money and eventually declare bankruptcy. The larger the dollar magnitude of a lottery prize of one individual in a very small neighborhood, the more subsequent bankruptcies there will be from other individuals in that neighborhood, says the l
May 29, 2018, 7:47 am - Lottery News