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Powerball lottery winner shares $42.5M with relativesNews Story
Jean Edwards went from anonymous retiree to millionaire celebrity this week. But as far as she's concerned, not much in her life has changed. Edwards plans to stay in her Willow Street home and maybe take a vacation to Jackson Hole, Wyo., but that's about it. I just don't know why it would make any change in our lives, she said at a news conference Friday about her instant good fortune as a Powerball lottery winner. We'll be able to get some things we need, but why should you have
Aug 11, 2008, 2:05 am - Todd - Lottery News

Vermont could become first state to privatize lotteryNews Story
No other state has leased its lottery, but Vermont wants to be the first. Governor Jim Douglas hopes the lease will bring in $50 million dollars for the state budget, on top of the $23 million the lottery brings in now. Today in a special report, VPR's John Dillon explores the advantages and disadvantages of what is so far an untested idea. (sound of lottery machine printing ticket) (Dillon) Johanne Gray is a regular at this convenience store in Montpelier. She likes to play the
Dec 21, 2007, 2:33 pm - Todd - Lottery News

Record powerball lottery winner reflects on sad lifeNews Story
In his darkest moments, Jack Whittaker has sometimes wondered if winning the nearly $315 million Powerball game was really worth it. The jackpot that was the stuff of dreams turned into a nightmare: His wife left him and his drug-addicted granddaughter his protege and heir died. He endured constant requests for money. Almost five years later, Whittaker is left with things money can't cure: His daughter's cancer, a long list of indiscretions documented in newspapers and court records, a
Sep 14, 2007, 12:45 pm - Todd - Lottery News

How much would your dreams cost?Reply
also posted in the how much to family thread where I had the idea for this thread. Providing that it was 100 Million after taxes...... here's the breakdown. 1,000,000 would be taken off the top to blow in crazy ways at first to get that out of our system first thing. 3 to 4 Million on building an Earthship Hybred house. This house would have different levels and area where food could be produced year round. Also a larger Art Studio within it and those toy type things theater roo
Jun 21, 2007, 2:27 pm - manzplan - Lottery Discussion Forum

After a $100 Million jackpot win, how would you deal with family?Reply
Providing that it was 100 Million after taxes...... here's the breakdown. 1,000,000 would be taken off the top to blow in crazy ways at first to get that out of our system first thing. 3 to 4 Million on building an Earthship Hybred house. This house would have different levels and area where food could be produced year round. Also a larger Art Studio within it and those toy type things theater room indoor pool. Cost is less than conventional building as it will be part recycled items a
Jun 20, 2007, 2:11 am - manzplan - Lottery Discussion Forum

Setting a trust for anonymity: how does it work?Reply
Sorry about the delay in replying... a couple of days ago I had posted a couple of links to some news stories (about what generally happens to large jackpot lottery winners) in my message and my account was suspended on suspicion of spamming... Anyhow, thanks to Todd and his gracefulness, I'm online again... Thank you so much, joshuacloack, for taking the time to contribute here your wisdom... it is very much appreciated. The problem with setting two trusts, IMHO, with the second one being a
Apr 16, 2007, 12:44 pm - JRCa - Lottery Discussion Forum

Will Maryland sell off its lottery?News Story
With a huge cash crunch on the horizon and soaring demands for school construction, new roads and mass transit, some Maryland lawmakers are talking up the idea of selling one of the state's most valuable assets: the lottery. The idea has grown popular since the governor of Illinois proposed doing the same thing last year. The governors of Indiana and Texas have suggested similar moves, and discussions of the idea are taking place in Michigan and New Jersey. Maryland faces a gap of $1.3 bil
Feb 15, 2007, 12:15 pm - Todd - Lottery News

Costa Rica not caving to U.S. gambling arrestsNews Story
Costa Rica finds itself in the middle of the fight between U.S. authorities and the online gambling industry. Think of Costa Rica and flashes of colorful birds, bright beaches and long hikes through the rain forest come to mind. But several recent arrests and indictments have thrust the country into the spotlight for another, less savory reason: its cozy relationship with the online gambling industry. The industry is under fire from U.S. authorities, helping create the notion that this sma
Sep 25, 2006, 2:27 pm - Todd - Lottery News

N.J. Gov. wants video lotteryNews Story
Is Corzine trying to make up for his throwing away millions during lottery/casino shutdown? New Jersey Governor Jon S. Corzine, who cost the state millions of dollars in tax revenue by shutting down the state's lottery and casino games in a move to force legislators to accept massive tax increases, proposed Tuesday that New Jersey should add video lottery terminals. (See Budget Process Questioned After Shutdown, below.) The terminals have long been proposed for the Meadowlands and ot
Jul 26, 2006, 7:02 pm - Todd - Lottery News

NJ Lottery's payroll trims state takeNews Story
Part 1 of a 3-part look at the New Jersey Lottery To lottery players, the scratch-off tickets and numbers games are a fun way to pass the time and maybe strike it rich. For state government, however, the games serve a more practical purpose a big business. A significant chunk of money from the lottery goes to causes such as colleges, public schools and veterans' homes. By many measures, the system works: New Jersey ranks among the top five states in converting lottery sales to profit
Jul 25, 2006, 8:51 am - Todd - Lottery News