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N.M. Lottery posts second-best year
New Mexico legislators were told today that strong sales of in-state games helped drive the New Mexico Lottery to its second-best year of sales.Lottery Authority CEO Tom Shaheen said that sales of all games exceeded $139 million, while net revenues (profits) earmarked for the Lottery Success Scholarship program were $32.2 million, topping $30 million for the third straight year.All financial data for fiscal year 2005 are preliminary and unaudited.Shaheen, appearing before the Legislature's inter
Jul 28, 2005, 4:36 pm - Todd - Lottery News
10 Second Prizes in Washington
Quote: Originally posted by sseads on January 20, 2005 looks like you were right bradly_60<SPAN class=textblack>SEATTLE MAN WINS $175,000 PRIZE - TEN TIMES! A love of numbers and sophisticated strategy win$1.75 million in Mega Millions prizes(Olympia)-For Archie Herring playing Mega Millions is an intellectual exercise. It`s an exercise that paid off with a $1.75 million dollar win-ten $175,000 wins to be exact. The five numbers selected by Herring ten times matched the numbers drawn in Tu
Jan 21, 2005, 12:33 am - twisted - Jackpot Games Forum
Lottery Books For Sale on LP
Quote: Originally posted by Todd on November 12, 2004How can you say The Lottery Book is anti-lottery? Here's the description:Ok, maybe not anti-lottery per se, but anti-prediction. The kind of writer who thinks there is nothing what-so-ever you can do to help yourself beyond a tiny bit by leaning a certain way. I've read numerous reviews of this book and Don's quotes and it is clear he is a casino tout not a lottery player.Product Description: The Lottery Book: The Truth Behind the Numbers sh
Nov 12, 2004, 10:24 pm - BobP - Lottery Discussion Forum
Penn. Lottery has record sales
Lottery Sales Increase by More Than 10 Percent for Second Straight YearThe Pennsylvania Lottery, the only state lottery to designate all its proceeds to programs that benefit older residents, had record sales of $2.35 billion in fiscal 2003-04, topping the old record of $2.13 billion, set in 2002-03, by $219 million or 10.3 percent. This has been a tremendous year for the Pennsylvania Lottery and for the hundreds of thousands of older Pennsylvanians who benefit from Lottery-funded programs, sai
Jul 13, 2004, 7:47 am - Todd - Lottery News
Missouri Lottery sets profit record
The Missouri Lottery posted a record $230.3 million in profits for the 2004 fiscal year, well above state projections and the previous year's results.A year ago, state lottery director Jim Scroggins predicted a sharp downturn in sales, and thus lottery profits for education, following a second consecutive year of advertising budget cuts by state lawmakers. Despite record sales the past year, Scroggins said he was sticking by his story that the ad cuts dventually would take their toll.Up to now,
Jun 24, 2004, 8:02 am - Todd - Lottery News
Probability of a rollover in PB and MM
Lotteries vary on the amount of sales money they devote to jackpots. In the Powerball and Megamillions cases, 32.7% and 31.7% of sales are devoted to the cash value of the jackpot: This is the money used to buy the annuity value for each drawing. If the lottery rolls over, that money, of course is placed in the next 1st prize pool. Thus if you compare the two cash values with a projected Megamillions jackpot and multiply it by 0.317% you will have the lottery's estimate of ticket sales.
Feb 27, 2004, 10:19 am - prob987 - Jackpot Games Forum
$5M Mass. Lottery Ad Blitz Begins
Treasurer predicting campaign will bring in extra $25MThe Massachusetts Lottery embarks on an ambitious $5 million advertising campaign on Monday, with Lottery officials hoping to draw new players with a series of television, radio, newspaper and billboard ads that will appear through June.The Jackpot Awareness campaign will stress the Lottery's role in raising money for cities and towns, a claim that was somewhat undercut last year when Gov. Mitt Romney and legislators diverted nearly $150 mi
Jan 23, 2004, 2:59 pm - Todd - Lottery News
Reducing Lottery Rewards
Some Florida legislators figure that the way to sell more lottery tickets is to reduce the size or number of prizes the players can win. It's something that will be attempted during the 2004 session that begins in March -- and, given the financial philosophy of this Legislature, it has a good chance of passage.This is, after all, the same Legislature that set in motion the largest telephone rate hike in state history using the logic that if rates were increased, there would be more competition f
Jan 9, 2004, 5:15 am - Todd - Lottery News
International Lottery Game Collapses
20 states won't be getting millions of dollars in new revenue from a high-jackpot lottery after plans for the proposed international game collapsed amid a protest of U.S. military action in Iraq.The states were working toward the development of a lotto-style game that would have allowed 350 million residents scattered throughout the United States, Canada, Central America, Europe and Australia to compete for prizes that could have reached a total of $1 billion in a single drawing.But negotiations
Jan 5, 2004, 6:29 am - Todd - Lottery News
Lottery frenzy makes Rosenberg store a winner
A corner convenience store in Rosenberg, Texas that reigns as the lottery-selling champion in the Houston area was buzzing Tuesday, selling tickets to eager customers hoping to claim the biggest prize in the Mega Millions drawing since Texas joined the multistate lottery.A steady stream of traffic trying to cash in on the $155 million jackpot pulled in and out of Rudy's Stop Shop, at FM 1640 and Damon, a brown brick facade with a small lot of only half a dozen parking spaces.A line of regular
Dec 31, 2003, 7:19 am - Todd - Lottery News
