North Carolina Lottery Posts Record Profits
Posted on July 19th, 2009
While some states have seen lottery revenues drop the North Carolina lottery has posted record returns. While states like Vermont have seen a drastic drop in state lottery profits North Carolina. The lottery generated $1.29 billion is sales for the fiscal year that ended in June a 19% increase from the $1.08 billion in gross [...]
Lottery Winnings and State Owned Debt
Posted on May 2nd, 2009
Do you owe money on a student loan? Back child support? Back taxes and other debts? Then the North Carolina Lottery is definitely not for you! North Carolina sold its first lottery ticket in March 2006 and since then the state has collected $1.3 million in back child support, delinquent student loans, back taxes, and [...]
Lottery Ticket Sales Strong Despite the Economy
Posted on November 17th, 2008
Despite a failing economy sliding towards recession many states report an increase in sales of lottery tickets. In Arizona lottery ticket sales in October were up 5.8 percent from sales in 2007. Arizona Lottery Director Art Macias stated, “Even despite the economic downturn, lottery sales continue to hold steady and grow. This is good entertainment [...]