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California store owner sues customer for half of $1M lottery prizeNews Story
Assembly line worker Evangelina Reyes had big plans for the $1 million she won earlier this year in the California Lottery's Emerald 10 scratch-off game. But then the owner of the Milpitas liquor store where she bought the winning ticket slapped her with a lawsuit, claiming she'd signed a handwritten contract guaranteeing him half the prize. Now, instead of dipping into the money for a family vacation in Hawaii and serenely banking the rest for early retirement, the 53-year-old mother of five
Mar 5, 2015, 8:30 am - Todd - Lottery News

Did new Illinois Lottery private manager get too good of a deal?News Story
Hoping for better luck the second time around, state officials unveiled a deal Friday to put the fate of the Illinois Lottery in the hands of a British firm that pledges bigger returns than those generated under the manager the state fired. In a do-over of the nation's first, controversial attempt at state lottery privatization six years ago, Illinois agreed to a contract with the only firm to bid for the potentially lucrative job: the Camelot Group. It comes as the state and Camelot pledge t
Oct 21, 2017, 9:55 am - Todd - Lottery News

Divide and Conquer: Meet the Lottery TitansNews Story
Enveloped in neon lights, murmuring crowds and the tinny melody of computerized games, a convention center showroom here bears the trappings of a Las Vegas casino. But the players, mostly state employees sporting suits and name tags, haven't come to this annual expo to gamble. Instead, they are sampling the wares of one of government's biggest cash cows: lotteries, which rang up about $202 billion in sales last year in the United States and overseas. Amid sales pitches and glad-handing, there
Oct 20, 2007, 9:57 pm - Todd - Lottery News

$1.35 BILLION: Mega Millions jackpot set to deliver unimaginable wealthReply
Protected with a contract. Think about it. When you buy a lottery ticket at a retailer, you have just entered into a legal contract with a stranger.
Jan 13, 2023, 9:37 am - winoneday - Lottery News

Employee strike at Québec Lottery halts introduction of new Lotto 6/49 in the provinceReply
It was a 3 year contract and the $1 was added to whatever wage increase was agreed upon in lieu of taking the profit sharing. Don't recall if they took the profit sharing when that contract expired. They still got a minimum of $6000 regardless of a profit or not.
Sep 14, 2022, 3:53 pm - Stack47 - Lottery News

Iowa Lottery brings major upgrades to retailer terminalsReply
This is so exciting. So glad IGT got the contract!!
Oct 4, 2021, 7:25 pm - Bleudog101 - Lottery News

MGM's CEO Murren to Step Down;before contract ends, Mystery??
More to this surprise story to unfold.....Murren was not the legendary MGM Chief, Kirk Kerkorian https://www.yahoo.com/finance/news/mgm-longtime-ceo-murren-step-211451815.htmler
Feb 12, 2020, 9:17 pm - eddessaknight - Gaming Forum

Powerball joins lottery frenzy with $620 million jackpotReply
Good question. I assume because you are going to be worth millions, they would 'spot you' with a contract in place.
Oct 22, 2018, 7:30 pm - BuyLow - Lottery News

$1 BILLION MEGA MILLIONS LOTTERY DRAWING TONIGHTReply
I have to stop you when you say That current value is what the lottery calls cash value. That is false. An annuity is a contract, not a bank account earning interest. It is not worth the amount of seed money that generated the contract, is worth the total payout amount of the contract. I'll try to give you a real-world illustration so you can understand. Ever hear of companies that buy out annuities? Well, they buy annuities based on a discount from the total payout. They don't buy it based o
Oct 19, 2018, 9:42 pm - Todd - Lottery News

My Dream
Hello i dreamed of keys and contract. Any numbers
Jul 23, 2018, 2:14 pm - chocolatedrop20 - Mystical Forum