Search

California Lottery has highest sales in historyNews Story
California Lottery officials announced a stellar year with estimated sales for Fiscal Year (FY) 2003-04 over $2.9 billion, representing the highest sales since the commencement of the Lottery in 1985.Also celebrating are the Lottery players who won more than $1.5 billion in prizes, and retailers who earned $205 million in commissions and bonuses. Most importantly, schools benefit with more than $1.090 billion being transferred to public schools, including $15 million (the cash value) from an unc
Sep 29, 2004, 9:04 am - Todd - Lottery News

taxessss and the lotteryReply
Quote: Originally posted by RJOh on September 28, 2004 It would be nice to be able to deduct all your loses from your winnings before considering them as additional taxable income . Over two years ago I matched 5 of 6 in the Ohio Lottery which paid $1500. Since I could only deduct a loss up to the amount I won and not my actual lost, the fact that I spent $2500 for lottery tickets and won $1500 actually increased my taxes for that year. I ended up having to pay $300 more taxes to cover the $15
Sep 29, 2004, 3:36 am - Babel - Lottery Discussion Forum

Tennesse Members? Just curiousReply
I really dont think computer picked games.....especially in the Pick 3....make that much difference. Reason why....simply because the 1000 exacts dont change. They are the same and the makeup of the 1000 doesnt change because picks are computerized.I've always felt the numbers are in charge simply by the sheer makeup of EXACT combinations and what is more/less likely to play because of that. The only way computerized picks would change something would be if there was human input to control
Jul 25, 2004, 3:39 pm - Clipper - Pick 3 Forum

Scratch tickets are boon for Ohio LotteryNews Story
Crystal Knox is partial to Fast Cash Bingo and Nifty Fifty, but she also likes Doubling Dollars and Wheel of Fortune. The certified nurse assistant estimates she spends up to $20 a day on scratch-off lottery tickets, usually breaking even or better. To me, it's easier, Knox, 37, a certified nurse's assistant, said of her preference for instant tickets over games like Super Lotto. The odds are better. Citing high growth in sales of instant games, the Ohio Lottery said Wednesday it earned $10 mi
Jul 1, 2004, 8:10 am - Todd - Lottery News

New Jeresey couple wins huge Powerball lottery jackpotReply
Quote: Originally posted by qutgnt on May 19, 2004Quick pick strikes again, proves the lottery is dumb luck. If your system works then it was dumb luck, just like a quick pick. The lottery is an indepedent dvent with a horrible house take that can never be beat in long run unless you hit a monster jackpot!The quick pick only struck again because 70% of winning tickets are quick picks in which case you can safely assume that 70% of tickets sold are quick picks. Isn't it then more likely that th
May 19, 2004, 11:48 am - whodeani - Lottery News

California legislature could expand lotteryNews Story
Despite fears California is becoming the world's gambling capital, the state lottery Friday broadened its proposed overhaul to include Nevada-style games banned by the 1984 lottery initiative.The lottery -- which is finding increased competition with Indian casinos -- amended its already controversial reorganization plan to add games including roulette, dice, baccarat, blackjack, Lucky 7s, draw poker and slot machines.The amendment fueled the controversy surrounding the legislation, which alread
May 8, 2004, 1:54 pm - Todd - Lottery News

Virginia lottery winner badly in debtReply
I doubt I would quit working for anything less than $4,200,000 AFTER taxes... I may work closer to home or take a lower paying job doing what I like, but I would work for the health insurance, AND the max contribution (company matched) to the 401k...The MINIMUM amount for not working...1. Pay off ALL debts and replace aging vehicles with RELIABLE transportation and get the kids hooked up for any college they want (no Ferraris in the mix)... $ varies by personal situation... for Me, about $310,00
May 3, 2004, 8:46 pm - hypersoniq - Lottery News

Scientific Games Reports First Quarter 2004 ResultsNews Story
Revenues Increased 51%; Net Income Increased 80% to $20 million; Earnings per Diluted Share were $0.22Scientific Games Corporation today announced results for the first quarter ended March 31, 2004. Revenues for the first quarter of 2004 increased 51% to $185.5 million compared to $123.2 million for the first quarter of 2003. Income before the preferred stock dividend was $20.4 million, an increase of 80% over 2003 first quarter income of $11.3 million, and diluted earnings per share increased 6
Apr 22, 2004, 5:17 pm - Todd - Lottery News

Winners and their methodsReply
Numbers from systems are posted here frequently and you can compare them with actual drawings. I would predict that if you reviewed these systematic numbers and compared them with actual odds, they actually do somewhat worse than truly random draws.I haven't actually done this experiment myself, not having the time, but I have reason to believe that this must be true.Some of us here have discussed the probabilities for particular numbers of winners. Until the jackpot becomes very large and g
Mar 6, 2004, 8:07 pm - prob987 - Jackpot Games Forum

Probability of a rollover in PB and MMReply
Quote: Originally posted by prob987 on January 22, 2004 With a $10 million dollar increase in the jackpot, the probability that the Powerball Jackpot will roll over again on Saturday is roughly 89%. The probability that ther will be one winner is roughly 10%. The probability of there being two winners is 0.6%; and the probability of there being three winners is roughly 0.02%.With a 9 million dollar increase in the jackpot, the probability that tomorrow night's MegaMillions jackpot will roll o
Feb 26, 2004, 6:59 am - Lotto Czar - Jackpot Games Forum