Tag Archives: states
Powerball Welcomes Florida
Powerball Welcomes Florida
It’s official! Florida will now be joining the states that offer their citizens the opportunity to play the Powerball Lottery. The number of states offering Powerball now stands at 32 states including, Arizona Lottery, Colorado Lottery, Connecticut Lottery, D.C. Lottery (District of Columbia), Delaware Lottery, Idaho Lottery, Hoosier Lottery (Indiana), Iowa Lottery, Kansas Lottery, Kentucky lottery, Louisiana Lottery Corporation, Maine Lottery, Minnesota State Lottery, Missouri Lottery, Montana Lottery, Nebraska Lottery, New Hampshire Lottery Commission, New Mexico Lottery, North Carolina Education Lottery, North Dakota Lottery, Oklahoma Lottery, Oregon Lottery, Pennsylvania Lottery, Rhode Island Lottery, South Carolina Education Lottery, South Dakota Lottery, Tennessee Education Lottery, Virgin Islands Lottery, Vermont Lottery, Wisconsin Lottery, and the West Virginia Lottery.
The addition of Florida means bigger jackpots and slightly altered odds. Players will actually have a better chance of winning smaller prizes according to the North Carolina lottery. Many new features have been added including changes in white and red ball numbers. White balls will now be numbered 55 to 59 while the number of red balls , the Powerball , a player can select will be reduced from 42 to 39. Odds of winning will now be 1 in 195 million and the odds of winning one of the many smaller prizes will improve to 1 in 35.
Other changes include,
1. The starting jackpot will be $20 million instead of $15 million.
2. Reduced odds will add an additional 3 million prizes.
3. The ticket price will remain the same and there will still be 9 ways to win. The power play option will be continued for an additional $1 and will be offering a random multiplier of 2X, 3X, 4X or 5X for all cash prizes won on the bottom seven prize levels.
4. The multiplier does not apply to the jackpot or 2nd prize.
5. The second tier Match 5 win now has a guaranteed $1 million prize when you purchase Power Play and match all five white balls. This $1 million prize will be paid in cash, in one lump sum less Federal and State withholdings.
The new Powerball game is expected to start in January of 2009. This is great news for lottery players nationwide and welcome Florida Powerball!
Several states now offer both Powerball and Mega Millions. States hard hit by the recession are looking for new ways to boost lagging ticket sales. Several states are exploring the possibility of allowing players to purchase lottery tickets on the internet. Most lottery experts agree that the merging of traditional lottery games with 21st century technology would be a wise move for state lotteries across the country.
Maine Lottery Considering Privatization
Maine Lottery Considering Privatization
Many states are now facing serious budget shortfalls and are looking for ways to fill empty state coffers. Raising taxes would be politically unpopular and most politicians are reluctant to raise taxes. Some states are trying to raise additional revenue by boosting the sale of lottery tickets. Some states have installed lottery vending machines and have had some success. Other states are considering the sale of online lottery tickets once federal regulations are clarified. At present many credit card companies will not process lottery related transactions for fear of running afoul of the Justice department and ambitious prosecutors. Illinois and Iowa are both looking into the possibility of online ticket sales.
Some states are considering privatizing their lotteries. Several states already have outside companies operating their lotteries and in most cases the results have been positive. Usually states retain ownership of the lotteries and lottery management firms are responsible for marketing, providing lottery machines, developing new games and selling tickets through lottery retailers. This arrangement can be very lucrative for government and the private operators. Illinois is now talking to several gaming giants about privatizing their lottery.
Maine is another state with serious budget problems and legislators are discussing the privatization of Maine’s state lottery. Maine Governor Baldacci has instructed all state agencies to explore more efficient and cost effective ways to provide services and this includes the state’s lottery. Maine has considered privatizing the lottery in the past but the idea was rejected but serious budget problems is making Maine take another look at privatizing the state’s lottery. Some lawmakers are concerned that while the sale of the lottery may bring a huge onetime payment the state would lose money in the long run. Another concern is that a private lottery operator may decide to change agreements with lottery retailers. Currently the Maine lottery pays more than $16 million dollars annually to lottery retailers providing much needed income for small businesses. Maine Representative Linda Valentino, D-Saco stated, “The lottery is huge for helping small businesses stay in business. I would rather be spreading this money out to small businesses than giving it all to some company that is running the lottery.”
Federal regulations also complicate plans for lottery privatization. Under federal law state lotteries must have government employees in charge of day to day lottery operations. Maine Lottery Director Dan Gwadosky stated, “Many states have looked to find ways to further privatize their operations, but they all have run up against the Justice Department rulings. But they are still looking, and we are still looking.” Some lottery experts believe that if the political climate in Washington shifts after the 2010 elections it could open the door for lottery privatization.