Lottery Ticket Sales Up Despite Recession

Posted on August 25th, 2010

Recently National Public Radio reported that the sale of lottery tickets the sale of lottery tickets has increased despite the ongoing recession. Another report by Bloomberg MSNBC says the opposite.  The NPR report is more comprehensive while the MSNBC report only mentions lottery tickets briefly and focuses mostly on the sale of metal detectors. Both [...]

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Watch That Expiration Date!

Posted on April 14th, 2010

Every year lottery jackpots totaling billions go unclaimed. In recent years several hefty lottery jackpots have remained unclaimed. In 2005 a $14 million dollar jackpot went unclaimed in Illinois, in 2002 a  $4.6 million dollar Massachusetts jackpot was never claimed and during the same year no one showed up to claim a $51.7 million dollar [...]

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Lotteries, A Brief History

Posted on April 10th, 2010

Lotteries are as old as civilization and throughout recorded history lotteries have been used to finance wars, governments and various causes and charities. During the Han Dynasty in China lotteries were used to finance the construction of the Great Wall which still stands today. Ancient Celts had their own version of the lottery called ‘casting [...]

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