States Lose Lottery Revenue

Posted on September 27th, 2009

Many state lotteries are reporting a downturn in ticket sales and revenue for the first time. The decline in revenue will adversely affect states where the lottery is used to fund education. Although many states are expanding gambling in hopes of shoring up their budgets the decline in sales indicates that gaming is not exempt [...]

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Massachusetts May Join Powerball Lottery

Posted on June 15th, 2009

Faced with diminishing lottery returns the Massachusetts Senate has voted to join the multistate Powerball lottery. State Treasurer Timothy Cahill faced with sagging lottery revenues pushed for Powerball saying it could bring the state an extra $25 million to $40 million a year. Massachusetts already participates in the Mega Millions lottery.
The Powerball plan has to [...]

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Facebook Removes Fake Page of S. Dakota Powerball Winner

Posted on June 14th, 2009

Recently a South Dakota rancher who had fallen on hard times won the Powerball lottery. Neal Wanless, the winner, will walk away with $88 million after taxes. The big win received extensive press coverage. It was reported that the Wanless family had a mobile home repossessed and that the family couldn’t afford a phone. Mr. [...]

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