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Pennsylvania lottery wins to be taxed, if legislation passes
Winning the Pennsylvania Lottery may be a little less lucrative in a proposal that would allow the state to take a share of the jackpot through income tax.
Currently, such winnings are exempt from the state's personal income tax.
What does that mean in practice?
Let's use January's $1.5 billion Powerball jackpot as an example. For those who opted for the hypothetical lump sum the final $1.6 billion take was split between three winners of about $940 million, the feds would withhold a com
Mar 15, 2016, 4:02 pm - Lottery News
Illinois Lottery to stop online, mobile app sales of single tickets
Legislation to save online sales fails
In less than two weeks, Illinois Lottery players hoping to strike it rich with single tickets purchased online or via the lottery's mobile app will be out of luck.
The Illinois Lottery Internet Pilot Program allows single tickets for the state's Mega Millions, Powerball and Lotto games to be purchased online or via its mobile app. The test run ends March 25, according to a statement from the Illinois Lottery.
Bills that would have allowed the progr
Mar 9, 2016, 11:36 am - Lottery News
Connecticut considers allowing online lottery ticket sales
Lawmakers are considering legislation that would move the Connecticut Lottery online for state residents.
A bill raised by the legislature's Public Safety and Security Committee would allow for lottery tickets to be sold online through a licensed vendor. If the bill moves forward, Connecticut would be one of the few states in the country to offer online lottery tickets. It would also be one of the only states to sell online tickets through an outside vendor.
I've never heard of this befor
Mar 8, 2016, 8:24 am - Lottery News
Virginia becomes first state to formally legalize daily fantasy sports
Virginia Monday signed into law the Fantasy Contests Act, a bill outlining how daily fantasy sport sites like DraftKings and FanDuel can operate legally in the state. The law is the nation's first formal recognition of the industry after months of heated legal activity in multiple states.
Regulators and lawmakers around the country have sought bans on the websites on the grounds they constitute illegal online gambling. The Virginia legislature first approved the new bill in February. Governor
Mar 7, 2016, 9:24 pm - Lottery News
Illinois lottery players could lose ability to play online
A test program that allows Illinois Lottery tickets to be sold online expires March 25, and the state is likely to lose out on money for education and construction projects unless lawmakers take action.
A measure to make online lottery sales permanent has yet to move in the House, and lawmakers aren't scheduled to return to the Capitol until April 4.
In 2012, Illinois became the first state to sell lottery tickets online and gambling options expanded with the addition of a mobile app in 20
Mar 4, 2016, 11:07 am - Lottery News
WV Lottery officials oppose jackpot anonymity bill
The times of the big lottery check presentations may soon come to an end in West Virginia.
Winners of big jackpots would no longer have to make required public appearances to claim those prizes if a bill that's moving at the State Capitol becomes law.
The West Virginia Lottery is opposing the bill because of what John Myers, acting director of the Lottery, called an expectation of transparency among players.
They want to know that, when we tell them that there's a grand prize winner, t
Mar 2, 2016, 9:46 am - Lottery News
Iowa House votes to allow touchscreen lottery machines
The Iowa House kicked off the seventh week of the 2016 session by approving a bill to make buying lottery tickets easier.
Touch-screen lottery machines should result in an additional $30.5 million in revenue for Iowa Lottery the next two fiscal years, increasing total revenue to $321.5 million, according to a fiscal note from the Legislative Services Bureau. That will mean about $6.2 million more transferred to the state general fund.
The self-serve kiosks will replace older pull tabs and
Feb 23, 2016, 4:55 pm - Lottery News
No consensus on what an Alabama lottery would look like
Is a lottery coming to Alabama? Some lawmakers say that's the winning ticket when it comes to fixing the state's budget problems.
But, it's a controversial issue with some lawmakers morally opposed to the idea. It has been 17 years since Alabamians voted no on a lottery, and they might get the chance to vote once again.
Even the lawmakers who do want a lottery don't agree on what kind of lottery is right for Alabama.
The only wild card would be a lottery which would be difficult to bud
Feb 22, 2016, 9:08 am - Lottery News
Odds not in favor of Alabamians voting on a lottery this year
Leadership in the Alabama Senate says there's less than a coin flip's chance a lottery bill passes the upper chamber this year.
Polls show the people of Alabama want to vote on whether to create a lottery. But, many senators say they want to make sure the right proposal goes before the people and they haven't seen it yet.
Senate President Pro Tem Del Marsh was asked if any of the current lottery proposals stand a chance this year.
I'd give them about a 40 percent chance, said Marsh. I
Feb 19, 2016, 11:33 am - Lottery News
Alabama House committee OKs lottery bill
A House committee Wednesday afternoon approved a bill that would allow voters to decide whether to establish a lottery in the state of Alabama.
The bill, sponsored by Rep. Alan Harper, R-Northport, would currently authorize a vote on a lottery. But Harper said in committee and after the vote that he expected an amendment that would describe distribution of proceeds, which he expected to be shared between Education Trust Fund and the General Fund.
Our vote today is for our citizens' right
Feb 10, 2016, 5:06 pm - Lottery News
