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D.C. Lottery thefts tied to lax security processesNews Story
D.C. officials learned last year that lax enforcement of security procedures made it possible for a handful of contract employees to steal tens of thousands of dollars in lottery tickets and prize money, according to records released this week in response to a Freedom of Information Act request filed with the District of Columbia Lottery Charitable Games Control Board. An investigation conducted by Battelle Memorial Institute in August 2006 determined the ticket thefts were most likely com
Dec 21, 2007, 12:34 pm - Todd - Lottery News

Heartbreak: Lottery scam led to NJ grandmother's suicideReply
Believe it or not, I have a really good friend that I work, and fish with that fell for a very similiar scam. His wife was supposibly playing some internet lottery. (I'll get back to that one) they recieved (from Candada) a check in the mail for 5800 dollars, along with a letter stating that he had to pay 1800 dollars in processing fees. His first instinct was, its a scam. but his wife conviced him that it was probably from the website she had been visiting and that it was legitimate. He went
Nov 13, 2007, 9:21 pm - LottoAce - Lottery News

FLASH: Tennessee Lottery audit won't investigate drawing errorsNews Story
Out-of-control situation gets worse Legislators shocked to learn investigation won't study why errors occurred The Tennessee Lottery hired an outside auditor after a computer issue affected the Cash 3 and Cash 4 games in August, but the auditor will not examine why the system failed. Lottery officials previously said KPMG would be paid about $90,000 to look into the problem that kept repeat numbers from being drawn for those games for more than three weeks in August. But a letter ob
Oct 3, 2007, 12:02 pm - Todd - Lottery News

Lottery 'glitch' leaves players suspiciousReply
Great story! This is the most damaging story yet to appear in the press accounts I have read. And it should be one that has all lottery players in every state that has an RNG...not just the players in Tennessee...screaming for an end to this crooked method of selecting numbers. Let's look at a few of the remarks made in this story and tie the lose ends together: Since the acknowledgement of the glitch, Hargrove and other lottery executives have downplayed the need for a thorough probe,
Sep 2, 2007, 3:15 pm - Uncle Jim - Lottery News

N.C. Lottery foe confident that lottery will be ruled an illegal taxNews Story
By Steve Ford, News Observer Bob Orr has an agreeably youthful look about him, and not just because he's four days younger than I (a trivia item once called to his attention). Maybe it's only my imagination, but these days there seems to be even a hint of mischief in his smile as if he were a kid who had just poked a stick into an ant hill and was enjoying the confusion. If Orr prevails in his latest legal venture, lots of Raleigh's political ants will be running in tight circles.
May 29, 2007, 9:20 am - Todd - Lottery News

tax strategyReply
Guru 101/Master Mason: Why don't you reread my first post. It plainly says to give both parties substantial additional income. It's not hard; it's in plain English. KY Floyd: Re: Your coin example 1. Yes, it is a gift 2. The value(or better termed, the basis for gift tax purposes) would be $112,000. 3. The gift tax due from the son(beneficiary) is $-0-; the gift tax due from the father(donor) is likewise $-0- *recipients don't pay gift tax *donors tax
Apr 10, 2007, 4:07 pm - taxguy - Lottery Discussion Forum

N.C. Lottery celebrating 1st birthdayNews Story
First year not as profitable as predicted Now a year old, the North Carolina Education Lottery is meeting its goal of keeping residents from crossing the border to buy tickets but failing to reach financial expectations initially touted by lawmakers and Gov. Mike Easley. The lottery has set aside $220 million in profits for state education programs since the first tickets were sold March 30, 2006, removing North Carolina's label as the only East Coast state without the games. Easley,
Mar 30, 2007, 9:51 am - Todd - Lottery News

Ontario Lottery chief firedNews Story
The head of the Ontario Lottery and Gaming Corporation was dismissed from the scandal-plagued organization on Friday, according to CBC News. CEO Duncan Brown was escorted out of the lottery corporation's offices in Toronto, two sources told the CBC, speaking on condition of anonymity. Repeated calls to officials at the lottery corporation went unanswered Friday. The dismissal follows allegations that several lottery clerks stole winning tickets from unsuspecting customers and cashed in
Mar 24, 2007, 6:12 am - Todd - Lottery News

Luck pays off for a whole lot of Maryland Lottery playersNews Story
Lottery players sometimes prove a quirky and superstitious bunch, picking their numbers on sentimental value (a birthday, anniversary or just plain lucky number) and loyally playing the same game, using the same numbers, at the same store. But would one person play a favorite set of numbers in the same game 15 times in a single day? An oddity to be sure, lottery officials say but not unheard of. And that is their best guess about what happened in Saturday's Bonus Match 5 game which y
Dec 28, 2006, 1:22 am - Todd - Lottery News

Another online gambling executive arrested in U.S.News Story
More than $1.5 billion (U.S.) in market value evaporated from the global online gambling industry yesterday after U.S. authorities arrested Peter Dicks, the chairman of Britain's Sportingbet PLC. Dicks, 64, was arrested in New York on a warrant issued in Louisiana for gambling by computer. His arrest comes less than two months after former BetOnSports PLC chief executive David Carruthers was arrested, charged with crimes including racketeering and fraud. Legal risk in the online gaming se
Sep 8, 2006, 5:19 pm - Todd - Lottery News