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Search results for "lottery" ...

  • Phone Scams

    One of hundreds of phone scams that cost elderly's about $40 billion a year. It was found an 81 year old man had lost $40,000 over the phone to a con man who promised guaranteed lottery winnings. The scammers are relentless and cruel, willing to bankrupt the unwitting.
  • Inside the Games

    The series provide an in-depth look at a world recognized but few understood -- the 25-year-old, billion-dollar business of the state lottery. A detailed analysis of statewide spending patterns showed that the poor spent a disproportionate amount of their income on the lottery. Because of a change in one game's odds, and industry trends, the number of people who won a million dollars or more had sharply decreased.
  • The Numbers Game (State lotteries: a ticket to poverty)

    The New Republic explores the advertising campaigns of state-run lotteries that often target the poor and uneducated. Many ads are misleading, but lottery commissions are not subject to ad regulations. A fascinating look into state- sponsored gambling and the private companies (usually GTECH and Automated Wagering International) that run many of the state lotteries.
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    Providence Journal-Bulletin investigation into the state lottery leads to the dismissal of director of the lottery, investigations by the attorney general, state auditor and state Ethics Commission and the cancellation of a contract that would have put the state gambling agency in the television bingo business. (March-November 1996)
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    In a six-month, state-by-state investigation, Money attempted to expose the inner working of the $32 billion national lottery industry.. The article revealed that states keep only about 34% of lottery revenues, devoting the rest of their take to prizes and administrative costs. Moreover, the 37 states (plus the District of Columbia) that have lotteries generally use the proceeds to plug budget gaps, not to cut taxes. And in most cases lottery money is not used for education, despite laws to the contrary in 18 states and promises made in dozens of states' lottery advertisements. During the past decade, Money found, lottery states have devoted a slightly declining share of their budgets to schools; in contrast, the proportion of state spending dedicated to primary and secondary education in non-lottery states edged up. (May, 1996)
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    Governing magazine investigates the growth of the gambling industry across America and new fears that governments may be staking their futures on an unstable revenue source. As competition from larger, less regulated gambling halls on Indian reservations increase, states may find their easy source of revenue drying up.
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    Forbes explores the boundaries of sexual harassment bringing up many recent multi-million dollar cases in which companies were sued instead of just the perpertrator. What started out as a legitimate grievance may have turned into a lottery and those who truly are harrassed in low profile cases are not getting the help they need from greedy lawyers.
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    Over the last few years, 48 states have become official sponsors of some form of gambling. Usually, the claim is that high-rollers--or at least tourists from out of state--will come in and provide jobs, tax revenue and maybe a little glamour. The people gambling away money today with state encouragement aren't glamourous tourists, they're neighbors. And the games they play are, more often than not, the equivalent of rolling snake eyes. (March/April 1996)
  • B.C.-based foreign lottery schemes target U.S. Seniors

    Lotteries have become a major source of revenue for cash-strapped governments. They have also become a major target for con-artists, telesharks and boiler-room operators who offer elderly Americans access to lottery markets they wouldn't normally have, and then take them for every cent they can. The Vancouver Sun set out to peel back the layers of World Project Management Ltd. and to put a face to the man who runs the operaton. (Oct. 31, Nov. 1 - 3, Dec. 22 - 23, 1995)
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    Controversey hits after ongoing reports of state officials taking trips at taxpayer expense. They say the trips are "educational." So ABC 6 News sent two undercover producers to document exactly what state lottery officials did on a tip to Las Vegas, supposedly to study lotteries. It was a three day conference, but they billed the state for a six day trip. Out fo the entire trip, one official spent just 2 hours in the lottery classes. Another spent 20 minutes. The fallout of the story led to tow proposed laws for reform, and one lottery official was stripped of his raise. (Nov. 22, 23, 24, 27 & 28, 1995)