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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 - Todd - Lottery News

Is PB inferior to MM?
From players' perspective, because MM has higher cash value ratio than that of PB,MM might look more attractive than PB even when they have same amount of annuity jackpots. Can it be supported? That is, would MM be superior to PB even if two annuity jackpots are same? (Assumed one is lucky enough to buy each ticket for just $1 and applied currently available cash value ratios for MM and PB)1) (For just curiosity) At what amount of cash value, would the Expected Value(EV) be equal to $1, for e
Sep 27, 2005, 7:58 am - anonymous77 - Lottery Discussion Forum

A More Mega
Now, it's just been revamped with the addition of CA. But when the moratorium on new states is lifted, it might have to change again for potential MM members NC, FL (though for FL I reccommend Powerball), and who knows who else. Well, this would be my plan if I was in charge. Just a bit more put towards smaller prizes, but 28.37% of sales will still be found in the jackpot. And 1:12.748 overall odds and a CA-style mini-jackpot will get sales going all through the jackpot cycle.Pick 5 white ball
Sep 16, 2005, 12:07 am - JimmySand9 - Lottery Discussion Forum

Texas lottery director stands firm amid attacksNews Story
Reagan Greer, the Texas Lottery Commission's embattled executive director who signed off on four inflated Lotto jackpots, shows no sign he will cave in to pressure and resign.Greer has asked the state auditor to conduct an investigation into the agency's policies and practices, particularly in personnel matters. I would like your office to provide me with an objective perspective on these matters, including any recommendations you might have to improve our agency in this area, Greer said in par
Jul 8, 2005, 11:33 am - Todd - Lottery News

Texas Lottery chief may lose job over jackpot snafuNews Story
The Texas Lottery Commission's executive director may lose his job and six other employees may be reassigned following revelations that the agency inflated jackpot estimates, according to a posted agenda.Commissioners may meet in executive session July 11 to deliberate the appointment, employment, evaluation, reassignment, duties, discipline or dismissal of executive director Reagan Greer, the agenda posted Friday states.The notice also indicates the commission may discuss the reassignment of
Jul 2, 2005, 11:51 pm - Todd - Lottery News

Texas Lottery executive had no hint before firingNews Story
Weighing his words carefully when asked if he was the fall guy in the growing scandal over inflated Texas Lotto jackpots, Lee Deviney said only that his dismissal last month from the Texas Lottery Commission came with no prior warning. In any job you have good days and bad, but the majority of time I felt (my bosses) were happy with me, Deviney said by telephone Thursday while vacationing with his family in Colorado.Happy enough, he said, that he was awarded a 4 percent raise last October and a
Jul 1, 2005, 10:30 am - Todd - Lottery News

A lottery for those bored by mini millionsNews Story
Come Friday, California residents will no longer have to endure wimpy, yawn-producing California SuperLotto Plus jackpots that start at $7 million.State residents soon will be able to plunk down a dollar for a shot at the kind of winnings that could put them into the San Diego housing market.The state has joined the multistate lottery game Mega Millions. Tickets go on sale Wednesday for the first drawing, which is Friday.And look out.Mega Millions produced the nation's largest jackpot $363 mil
Jun 20, 2005, 2:51 pm - Todd - Lottery News

CALIFORNIA JOINS MEGA MILLIONSReply
This is getting weird. There is reality and there is make-believe. In the case of Texas, they joined Mega Millions, and suddenly jackpots started increasing their rollover size by 50% or so, and the jackpots started going over $100 million with greater frequency than ever.Dvdiva, I have no idea where you're coming up with this stuff. You're an awesome member here, and I always love your input, but this one has me shaking my head. Everyone should be saying a big thank you to Texas (and now Ca
Feb 10, 2005, 7:45 pm - Todd - Lottery News

Players cross the border for PowerballReply
Quote: Originally posted by qutgnt on October 09, 2004 you only should play when the jackpots are high, use all your bullets for jackpots that have the best dollar to odds ratio. its just smart playing. when you chase 165 million to one odds you want to be paid that god forbid you hit it. but your a lot smarter playing take fives and such with a lot shorter odds where if you blow 500 bucks when the jackpot is say 500K at least your cutting your odds down to about 1000 to one. and many people hav
Oct 10, 2004, 1:29 pm - PrisonerSix - Lottery News

Lottery players vent furyNews Story
Outraged Canadian lottery players made their voices heard yesterday with complaints about the 6/49 lottery doubling its price to $2 next year.It was the same at Lotto Centres and was the top story last night on the CBC national news after the Interprovincial Lottery Corp. announced that $1 Lotto 6/49 tickets would be eliminated after the May 29, 2004, draw in order to offer larger jackpots. We've had negative feedback -- nothing positive, said Peter Low, manager of the Lotto Centre in Pacific C
Nov 28, 2003, 6:03 am - Todd - Lottery News