Sunday, February 17, 2013
An extension filed through Friday will allow Corbett more time to consider options.
Gov. Tom Corbett's chance to accept a bid from a British firm to manage the Pennyslvania lottery was about to run out. Had it not extended its offer, the firm's $3.5-billion bid would have expired Saturday at 5 p.m. According to 6ABC, a "top budget aide to Gov. Tom Corbett" has announced the extension. The extra time is designed to allow Corbett's office more time to consider options. The changes come on the heels of last week's announcement by Pennsylvania Attorney General Kathleen Kane who rejected Corbett' initial plan. "It is our duty to defend and protect the Constitution of our Commonwealth and that is what our office has done by declining this contract," Kane said on Friday. "She said the contract infringes on the Legislature's …
Sunday, February 10, 2013
Could privatizing the lottery mean fewer people will play?
Pennsylvanians do not want their lottery to be privatized, as Gov. Tom Corbett is proposing, according to a new Franklin & Marshall College Poll. The poll found that 47 percent of those polled strongly opposed the privatization with 17 somewhat opposing it. Only 7 percent were strongly in favor with 11 percent being somewhat in favor of the move. Most people polled, 75 percent, said they would play the lottery about the same amount as they do now if it were privatized, but a not insignificant number of people, 19 said they would play less frequently. The Franklin & Marshall College Poll interviewed 622 Pennsylvania voters between January 29 and February 3. The margin of error is reported as plus or minus 3.9 percentage points. A recent …
Wednesday, November 28, 2012
A British company is the only bidder that has offered to manage the Pennsylvania Lottery
- GOVERNMENT
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Wednesday, November 28, 2012
By Melissa Daniels | PA Independent HARRISBURG — Pennsylvania’s pursuit of privatizing management of the state lottery yielded only one interested party. The state received a bid from Camelot Global Services, which runs the National Lottery in the United Kingdom. Camelot estimates it would bring annual profit commitment of $12.1 billion in the first 10 years. Projections for a 20-year period, assuming a 27 percent mandated rate of return, would yield more than $34 billion in profits, according to the official bid tabulation. Department of Revenue press secretary Elizabeth Brassell said Wednesday the state had three qualified bidders in May. But two dropped out since then. One was interested in pursuing other commercial opportunities. The …
Patch wants to know if you're buying a ticket for tonight's big Powerball drawing
Tonight's Powerball jackpot is a whopping $500 million and ticket sales are expected to be busy today! Winning at least some money doesn't seem too far out of the question consideing that a $2 million Powerball ticket was sold in the Bethlehem area just last month. So are you investing $2 in a chance for millions? What would you do with the winnings? Tell us in the comments section below!
Monday, November 26, 2012
Powerball has reached a near-record prize of $425 million for Wednesday's drawing
- THE NEIGHBORHOOD FILES
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Monday, November 26, 2012
As the Powerball® jackpot has reached a game-record $425 million annuity value, or a $278.3 million cash prize, for the Wednesday, Nov. 28 drawing, the Pennsylvania Lottery today reminded its customers to play responsibly. Only one U.S. lottery jackpot has ever been larger: the $656 million Mega Millions jackpot on March 30, 2012, which was claimed as a $471 million cash prize. The current Powerball jackpot run began Oct. 6 and there have been 15 consecutive draws without a jackpot winner. A $2 million Powerball ticket was sold in the Lehigh Valley last month. Through Nov. 25, the Pennsylvania Lottery has seen more than $58 million in Powerball and Powerplay sales for the current jackpot run. Considering about 30 cents of each dollar …
Saturday, October 20, 2012
A lottery ticket worth $2 million was sold in the Lehigh Valley this week following a $1 million winner last month.
- THE NEIGHBORHOOD FILES
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Saturday, October 20, 2012
One Powerball ticket worth $2 million from the Oct. 17 drawing was sold at Wegmans near Bethlehem on Tuesday, the Pensylvania Lottery reported. That's the second big winner in the Lehigh Valley in just two months. An Upper Macungie Township man won $1 million with a lucky Cash 5 ticket he bought in September. Also, an Emmaus man bought a ticket worth $496,018 in August. The Pennsylvania Lottery recorded record high sales this year. This week's winning ticket correctly matched all five white balls -- 01-07-10-23-42 -- but not the red Powerball 35, and added Power Play, which sets the prize at $2 million, less 25 percent federal withholding. Wegmans will receive a $10,000 bonus for selling this winning ticket. Lottery officials cannot …
Thursday, September 27, 2012
What would you do if you were the lucky winner of the $1 million lottery ticket sold in Lehigh Valley this week?
- THE NEIGHBORHOOD FILES
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Thursday, September 27, 2012
A Cash 5 lottery ticket worth $1 million was sold at Top Star Express on Hamilton Boulevard in Trexlertown, Lehigh County. Winner Ricky Robertson of Upper Macungie Township told WFMZ he plans to buy a new house and invest the rest of his winnings. The winning ticket matched all five balls - 02-13-20-41-42 - drawn Monday night. What would you do if you won $1 million? Tell us in the comments below. Federal tax of 25 percent will be deducted from the winnings. Top Star Express will receive a $5,000 bonus for selling the winning ticket. This marks the second time in two months that a Lehigh Valley lottery player hit it big. An Emmaus man bought a ticket worth $496,018 in August. The Pennsylvania Lottery achieved record-high sales this year. …
Wednesday, August 1, 2012
Pennsylvania's lottery generated record sales and profits in 2011-12
- GOVERNMENT
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Wednesday, August 1, 2012
The 2011-12 fiscal year was the Pennsylvania Lottery's most successful in its 41-year history, as the Lottery set new records for annual sales and profits, generating more than $1 billion for programs benefiting older Pennsylvanians. Do you play the lottery? Tell us in the comments section below. Fiscal year 2011-12 Lottery sales totaled $3.48 billion, which was $273 million, or 8.5 percent, above the previous year and prior all-time sales record. Net revenue to the Lottery Fund for fiscal year 2011-12 totaled $1.06 billion, which was $100 million, or 10.4 percent, more than the previous year and $85 million, or 8.7 percent, more than the previous profit record achieved in fiscal year 2005-06. The Lottery ended fiscal year 2011-12 with …
Wednesday, October 26, 2011
$250,000 prize awaits claim at Giant Food Store.
Someone out there is holding a lucky ticket. Officials with the Pennsylvania Lottery Mega Millions said that a ticket worth $250,000 from the Oct. 25 drawing was sold at Giant Food Store in Forks Township. This marks the second time a $250,000 ticket was sold in Lehigh Valley in a week. One was sold last week at the Turkey Hill in Macungie. The winning Forks ticket correctly matched all five white balls, 13-33-40-44-46, but not the yellow Mega Ball 08, for a prize of $250,000, less 25 percent federal withholding. The retailer will receive a $500 bonus for selling a winning ticket. Lottery officials cannot confirm the identity of the winner until the prize is claimed and the ticket is validated. Pennsylvania Lottery Mega Millions winners …
Mike Shortall
5:27 pm on Tuesday, February 19, 2013
"No hard evidence ..." and I'm the one living near DeNial?!? Enjoy your swim! more ›