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N.C. Lottery to join PowerballNews Story
North Carolina residents will get a shot at the nation's largest lottery jackpots.The state lottery commission voted Monday to join the multistate Powerball game, known for offering jackpots of $100 million and more, including one last month for $340 million, the second-largest in U.S. lottery history.AdvertisementTwenty-eight other states, the District of Columbia and the U.S. Virgin Islands sell Powerball tickets. They could be available as soon as July.North Carolina will pay nothing to join
Dec 20, 2005, 6:42 am - Lottery News

Group sues to stop N.C. lotteryNews Story
North Carolina's state lottery would be declared illegal and work on the game would stop if a lawsuit filed in Wake County Superior Court on Thursday is successful.The suit claims the House and Senate circumvented requirements set forth in the state constitution when members of both houses voted on the lottery law this year.The N.C. Institute for Constitutional Law, a Raleigh-based group that sued to stop state economic incentive payments to Dell, filed the lottery suit on behalf of several clie
Dec 16, 2005, 7:41 am - Lottery News

Penn. woman wins lottery prize of $1,000 a week for lifeNews Story
Millions of people play the lottery. Some may have a lucky strike and win a couple dollars, or even a couple hundred dollars. But just a handful of scratch-off gamers hit that big prize, and Nancy Guiher can include herself among them.Guiher was recently the winner of the $1,000 a week for life game sponsored by the Pennsylvania Lottery.She is only the 74th person to win this prize since its inception in July 1995.Last Friday, a check presentation ceremony was held for Guiher at the Saltsburg Sh
Dec 9, 2005, 7:48 am - Lottery News

Tenn. Lottery leaders offer look at futureNews Story
As several N.C. lottery commissioners arrived in the lobby of Tennessee Lottery headquarters Friday, they saw the bright side of their job: a $1 million winner with his poster-board check.The winner, country music drummer Bill Caylor, not surprisingly said he felt like a million bucks, one commissioner said.Minutes later, Tennessee Lottery officials spelled out the downside of launching a lottery. Starting Monday, the N.C. commissioners face a 120-day blitz of hiring, buying, signing up ticket
Dec 5, 2005, 8:39 am - Lottery News

Million-dollar ticket fight goes before Mass. Lottery boardNews Story
In the opening round of what may be a lengthy legal battle, an 83-year-old local man who found a winning Massachusetts lottery ticket in a trash bin defended his right to the $1 million prize yesterday, fending off a rival claim.The hearing, at the headquarters of the Massachusetts Lottery Commission in Braintree, was largely an exercise in legal technicalities.The commission said earlier this month is had already rejected a counterclaim on a ticket found by Edward St. John in a trash bin at the
Nov 30, 2005, 12:03 pm - Lottery News

Uncle Sam Wins Your LotteryNews Story
Attention, lottery players: If you win a nice big prize, opt to take it as a stream of payments and then change your mind and wish you had taken it as a lump sum, don't expect any special tax benefits if you sell your annuity for immediate cash.Over and over in the past few years and especially since capital gains tax rates were lowered in 2001 lottery winners have sold their rights to future payments and tried to treat what they got in exchange as capital gains.Since capital gains are now t
Nov 28, 2005, 9:12 am - Lottery News

Scientific Games faces criminal investigationNews Story
Apparent violations of lobbying laws prompt North Carolina to initiate a probeNorth Carolina Wednesday began a criminal investigation of lottery company Scientific Games and three people who worked this year for the major gaming operator.The N.C. Secretary of State's office, which regulates lobbyists, said it found apparent violations of the lobbying laws by Scientific Games International Inc. and a vice president, Alan Middleton, as well as company consultants Meredith Norris and Kevin Geddin
Nov 3, 2005, 11:12 am - Lottery News

Winning lottery ticket purchased with stolen credit cardNews Story
A woman bought a winning lottery ticket worth $1 million with a stolen credit card and could wind up with nothing if convicted, police said.Christina Goodenow, 38, of White City in southern Oregon faced numerous theft-related charges, forgery and possession of methamphetamine, said authorities, who searched her home Thursday. The card belonged to a deceased relative, they said.If convicted of any of the charges, Goodenow will not be able to collect prize money from the winning ticket, said polic
Oct 28, 2005, 5:25 pm - Lottery News

N.C. Lottery commissioner resignsNews Story
One of the state's nine lottery commissioners resigned abruptly Tuesday, saying other commitments mean he cannot be effective in overseeing North Carolina's $1.2 billion-a-year gambling operation.The departure comes as the board is set to meet today to consider a new ethics code aimed at ensuring public confidence in the lottery that includes stricter rules than lawmakers put in place.Malachi J. Greene, a former Charlotte City Council member, said in a resignation letter that he doesn't have tim
Oct 26, 2005, 11:45 am - Lottery News

Lottery 'syndicate' is a pyramid scamNews Story
Every week, Tony Hetherington of This is Money (UK) replies to readers' letters, adding comments, advice and the results of his enquiries. If you think you are a victim of financial mismanagement, or want advice before investing, write to Tony Hetherington, Financial Mail, 2 Derry Street, London W8 5TS. Sorry, but he cannot give personal replies. Please send only copies of documents - if these are relevant to your enquiry. We regret that they cannot be returned.A. W. writes: I attended a present
Oct 24, 2005, 9:12 am - Lottery News