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NewsResults 61 - 70 of 560 for scholarship. (0.04 seconds)

Kentucky Lottery chief announces his retirement
The Kentucky Lottery's long-time chief executive has announced his retirement in a letter to the Lottery's board of directors. After significant thought and reflection, I have decided it is time for me to retire, said Kentucky Lottery President and CEO Arch Gleason in the letter. I have spent nearly 23 years as President and CEO of the Kentucky Lottery and take great pride in what we have accomplished. During Gleason's tenure as Kentucky Lottery President CEO, he served as president of t
Jun 15, 2016, 9:30 am - Lottery News

Millions in prize money never claimed by NJ lottery players
While the New Jersey Lottery pays out well over $1.8 billion in prize money each year, players lose out on tens of millions more when they fail to claim their winnings. In just the past eight years, about $317.7 million in payouts have been forfeited by players who fail to cash in their ticket within a year as lottery rules require. While lottery players are more diligent in some years than others, there's been at least $33.9 million forfeited every year since 2008. Winners have a year
May 23, 2016, 9:14 am - Lottery News

New Mexico Lottery celebrates 20 years in operation
The New Mexico Lottery is celebrating its 20th anniversary, unveiling a special logo and rewarding players with extra rewards points. Since launching on April 27, 1996, the New Mexico Lottery has sold approximately $2.6 billion in tickets with prizes of more than $1.4 billion. And, New Mexico Lottery sales resulted in many positive economic impacts, among which were: 53 prizes of $1 million or more including five Powerball jackpots totaling $526.1 million; More than $174 million in retail
Apr 27, 2016, 11:04 am - Lottery News

Consultant lays out 'ambitious' vision for Arkansas Lottery
A consultant for the Arkansas Scholarship Lottery envisions ticket sales steadily increasing from $450 million in the current fiscal year to $615 million by fiscal 2021 and net proceeds for scholarships rising from $85 million to $109 million in the same period. Camelot Global Services' self-described ambitious five-year business plan proposes many changes, including overhauling the portfolio of scratch-off and draw-game tickets, increasing the lottery's $5 million marketing budget to $7.5 mi
Mar 13, 2016, 11:33 am - Lottery News

Falling lottery sales pinch college scholarships
The ticket-buying frenzy that erupted over January's $1.6 billion Powerball jackpot wasn't enough to reverse a long-running trend: Proceeds from lottery games aren't keeping pace with the higher education costs they were supposed to pay. Now lawmakers in at least eight states have made or are considering making dramatic cuts to scholarship programs funded by lotteries. The programs, aimed at opening access to college by providing nearly free tuition, include one at the University of New Mexic
Mar 3, 2016, 12:23 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

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

Republican lawmakers to sponsor Alabama lottery bill
The Powerball jackpot has climbed to $700 million and many Alabamians are crossing the state line for a chance to win the prize. Powerball is played in 44 states, the District of Columbia, Puerto Rico, and the U.S. Virgin lslands, but it is not allowed in Alabama. As people cross the state line to buy tickets, some Alabama lawmakers are working on legislation to change that. Republican Senator Jim McClendon from Springville plans to sponsor a bill during the legislative session that beg
Jan 8, 2016, 9:24 am - Lottery News

Deal struck, Illinois Lottery winners to be paid
Republican Gov. Bruce Rauner and House Democrats on Wednesday struck a rare agreement, compromising on a plan to release more than $3.1 billion to pay Illinois Lottery winners and help cities and towns operate 911 centers, plow roads and train firefighters. Normally, municipalities receive a share of gas tax, 911 surcharge and gambling revenue to help prop up day-to-day operations, but those dollars have been on hold due to the state budget impasse. Legislation passed 107-1 by the House would
Dec 3, 2015, 10:42 am - Lottery News

Arkansas Lottery officials sign contract with Camelot for business plan
Arkansas officials signed a contract Monday with lottery consultant Camelot Global Services, which will develop a business plan for the state lottery and help implement the plan, a spokesman for the state Department of Finance and Administration said. Lottery Director Bishop Woosley and finance department Director Larry Walther signed the contract, said spokesman Jake Bleed. Camelot has offices in Philadelphia and London. We are awaiting confirmation on their end that the contract has bee
Dec 1, 2015, 9:30 am - Lottery News