Store payout when a winning ticket is sold (in Tennessee)

Reply #15

GASMETERGUY — Sun, 01 Aug 2010 16:54:48 GMT

Hopefully the day will come when I will have such a problem .

Reply #14

dr65 — Sat, 31 Jul 2010 03:18:39 GMT

LOL! That's what I thought - they have machines in Dollar General!?! Who is next

Reply #13

PERDUE — Wed, 28 Jul 2010 00:43:11 GMT

I thank God that here in TX there are local offices where you can go and cash in any ticket in the amount of $600 to 1 million dollars. Anything over the million dollar mark, arrangements would have to be made to travel to the main lottery office in Austin. I've been to the office once and the paperwork that needed to be filled out reminded me of the W-2 you fill out when on your job. I was in and out less than an hour with check in hand.

But then I was the only customer there at that time so... [ More ]

Reply #12

PERDUE — Wed, 28 Jul 2010 00:26:42 GMT

Wow you can purchase lottery tickets at Dollar General????!!!!!! If they started that here in TX and sold gas, I'd probably pass out from the giddiness of true one stop shopping. Watch out Wal-Mart the other retailers are catching up.

Reply #11

TheOtherOne — Tue, 27 Jul 2010 04:47:11 GMT

I think you are right. Either this guy was out of his mind, or he expected a tip.

Heck, if I win enough, I will gladly tip him very well, just got to get there first.

Oh, and I am glad you guys mention about the big payouts. I was at a Dollar General the other day with a $10 winning scratchoff, and the little lady behind the counter kept putting numbers in to pay out and it wouldnt take

*I* had to teach her that she had to enter the 3 numbers boxed in somewhere on the card -- and a... [ More ]

Reply #10

RJOh — Mon, 19 Jul 2010 19:41:00 GMT

A few years ago when I matched 5of6 in Ohio Super Lotto for $1500 I went through the same thing. The store had never had a winner that size and the manager had to call the lottery after reading instructions for filling out the claim form for clarification. She verified my ticket and we filled out the claim form and I drove 20 miles to an official bank which charged $15 to notarize the form and after discovering the manager hadn't put the complete address of the store on the form wouldn't pay me... [ More ]

Reply #9

Stack47 — Mon, 19 Jul 2010 17:20:19 GMT

It's very confusing cashing tickets up to $5000 in Ohio because the store must validate the tickets, fills out a claim form, and then the player must have the form notarized and finally taken to a designated bank to collect the winnings. Most stores probably have never filled out a claims form let alone the clerk that happens to be there when the player tries to cash their ticket. Most players never cashed tickets requiring a form so they don't know the process either.

The first time I hit th... [ More ]

Reply #8

Winlotta — Sun, 18 Jul 2010 21:04:20 GMT

if he wins $50 will tell him they don't carry enough money to cash a prize that size.

Years ago, I had some winning PB tickets and tried to cash them at the little Louisiana store where I bought the tickets It was way under $600, and the clerk said, I'm sorry. It's too early, and they haven't restocked the cash drawer. I can give you some tickets if you would like.

It was about 10 a.m. I drove to the next town (population 10 times larger) forty miles away and cashed out with other... [ More ]

Reply #7

iGlenn — Sun, 18 Jul 2010 03:24:52 GMT

It's just another incentive for the retailer to sell tickets.

Reply #6

RJOh — Sun, 18 Jul 2010 02:12:47 GMT

It's not that they have a trouble finding stores to sell tickets, it's finding stores that will live up to their contract and payout prizes to $600. I've seen some Ma Pa stores that will sell a player $50 worth of tickets and if he wins $50 will tell him they don't carry enough money to cash a prize that size.

Reply #5

rdgrnr — Sun, 18 Jul 2010 01:57:53 GMT

The store (owner) was paid $100,000 for selling the winning ticket.

I always wondered why the retailer gets such a big cut in so many states. It's not like they have trouble finding stores to sell tickets.

Reply #4

RJOh — Thu, 15 Jul 2010 20:18:44 GMT

Did I miss something? When did this change?

If you won a prize and collected your winnings at the store then you might have missed a hint that the clerk was expecting a tip.

Reply #3

Winlotta — Thu, 15 Jul 2010 17:12:38 GMT

According to the Powerball website news release concerning the June 2 Missouri jackpot winner, The winning ticket was sold at the Hub Carry Out. The store [owner] was paid $100,000 for selling the winning ticket.

As for Tennessee retailers (TN lottery website), Economic benefits to retailers include a 6.5% commission on lottery sales in your store. A Tennessee Retailer who sells a winning Powerball jackpot ticket will also receive a $25,000 selling bonus.

Reply #2

TheOtherOne — Thu, 15 Jul 2010 04:19:59 GMT

That is what I thought. Maybe I mis understood the guy, or perhaps he mis understood me.

He said it was a new rule that the TN EL CEO had mandated not too long ago.

He said all they get is like a few bucks (percentage) of sales for say, cash 4 or cash 3 sales if they hit above $500 or something. He said it is like they get paid interest for holding the money, but he said its only like $5.

Reply #1

badboy00z — Thu, 15 Jul 2010 04:09:59 GMT

They only get the bonus if it was a jack pot no

Store payout when a winning ticket is sold (in Tennessee)

TheOtherOne — Thu, 15 Jul 2010 03:32:01 GMT

I thought it was policy that if a high-dollar game such as Mega Millions or Powerball is sold at a store, the store owner receives a bonus for selling the game there.

a worker at a store in Nashville today said they do NOT receive any bonus, just the publicity and a large sign to hang in the window.

I like the fact that store owners receive this bonus -- it is nice for when the clerk says Good Luck to me after I buy the ticket and it is nice to say ' you too!

Did I miss somet... [ More ]