Tuesday, December 6, 2011
Arkansas Lottery Lottery scholarship net dropping
Posted by Max Brantley on Tue, Dec 6, 2011 at 2:04 PM
Interim Arkansas Lottery Director Julie Baldridge told legislators today that proceeds for lottery scholarships seem likely to be $5 million less in the current fiscal year, ending June 30, than last year. Since more than 31,000 students receive the scholarship, the dip could reduce payouts as much as roughly $150 per student.
Speaking of Arkansas Lottery, lottery Scholarships
-
UPDATE: Lottery Commission wants police power, releases 2013 budget
May 21, 2012Bishop Woosley requests limited police powers for the lottery, and Ben Pickard replaces Dianne Lamberth as chair. /more/
-
Lottery's auditor submits resignation
May 11, 2012Michael Hyde, the Arkansas Lottery's internal auditor, has informed the Lottery Commission of his intention to resign. /more/
-
$1 million lottery case winner: 'It's my money'
May 11, 2012Sharon Duncan, winner of a lawsuit over a contested $1 million lottery ticket, talked about the case on NBC Today's show today. /more/
-
Tampering with lottery tickets under review
May 4, 2012After John Walker sued over lottery scratchoff ticket tampering, I filed an FOI request for internal documents related to that issue. /more/
-
Fired clerks say they're taking fall on lottery probe
May 2, 2012The Arkansas Lottery scratchoff fiasco has a thickening plot. Fox 16 reports on an interview with two clerks fired from a Little Rock convenience store after a complaint to the Little Rock police over sales of $20 tickets that had been tampered with, apparently by someone attempting to find winners. /more/
-
Problem lottery tickets still for sale
May 1, 2012You remember the story about the lawsuit filed last week concerning tampering with a type of lottery scratchoff ticket. /more/
-
The Pin Prick Edition
April 27, 2012A class action lawsuit alleging tampering with lottery scratch-off tickets, how "Girls Gone Wild" founder Joe Francis and Mark Pryor got lumped together, the hot primary contest between state Rep. Fred Allen and incumbent Sen. Joyce Elliott and the end of Occupy Little Rock — all discussed this week. /more/
-
Lawsuit filed over lottery ticket tampering
April 27, 2012State Rep. John Walker of Little Rock, who is also a lawyer, filed a lawsuit today in Pulaski Circuit Court alleging tampering with lottery scratchoff tickets created a situation in which an unknown number of gamblers could have been sold $20 scratch-off tickets without a chance of winning. /more/
-
Nate Bell would require scholarship repayments if degrees not earned
April 25, 2012Good catch by Michael Cook, following Facebook posts by Rep. Nate Bell, a Tea Party Republican from Mena. /more/
-
The Arkansas lottery's very bad deal
April 18, 2012A tout today for some items in this week's issue of the Arkansas Times. * LOTTERY AND ERNIE P.'S LEGACY: Lindsey Millar's cover story explains in detail how the Arkansas Lottery got put into a very bad deal with major lottery vendors by former director Ernie Passailaigue. /more/
- More »
Comments (5)
Showing 1-5 of 5
Come January the price for a Poweball & Megabucks ticket goes from $1.00 to $2.00 per play. I'm guessing that this will further reduce revenue.
like
dislike
When you award them with the liberality of a 'good attendance' award instead of excellence in scholarship then you reduce their effect.
Exactly wrong on Powerball and Megabucks post. The idea is to raise more scholarship revenue from these draw games, which return a significantly lower percentage of prize monies to the players. The percentage payout to winners of the popular scratch-offs is why the lottery sales are high but the net profits for scholarships are low. ...That said, the lottery management has been dismal and there's no evidence it will get any better.
Check out the stats on how many retailers have dropped out of the picture as far as scratch-off ticket sales outlets go due to problems with internal thefts, shortages, etc.
Everybody knew up front there would be a big initial surge of revenue then as the new wore off the revenue would dwindle, the scholarships would shrink, only a hard core bunch would buy tickets and then since the colleges would have been geting "all this money", the legislature would fail to appropriate as much and then the cutbacks will start.
Bingo! Arkansas stays at the bottom of the education pile.
If you aren't willing to support education with money, you don't really support education. You get what you pay for.
More by Author
-
Let the eagle soar
Another week done. Final words: * NO CONFIDENCE: The unions that once represented employees in the Pulaski County School District have voted unanimously a "no confidence" statement on Superintendent Jerry Guess and Arkansas Education Director Tom Kimbrell for busting their unions.
- May 18, 2012
-
Philander Smith College names Johnny Moore new president
Philander Smith College today announced its board of trustees had chosen Dr. Johnny Moore as president, to succeed Dr. Walter Kimbrough, who's moving to lead Dillard University in New Orleans.
- Apr 27, 2012
- More »
Event Calendar
-
Re: Judge orders new trial in $1 million dollar lottery ticket dispute
Proves the adage that nothing is free, nothing is simple.
- on May 25, 2012
-
Re: Surgeon general strikes deal on disturbance charges
This whole mess stinks.
- on May 25, 2012
-
Re: Yarnell's scooping again; reveals flavor list
I couldn't agree more! But the flavor I love the most is Death by Chocolate!…
- on May 25, 2012
Top Commenters
Blogroll
Slideshows
-
Police close the Occupy Little Rock camp, perhaps the last Occupy encampment on public land.
Site Index
News
Cover Story / Arkansas Reporter / The Week That Was / Smart Talk / The Insider / The Observer / Editorial / Max Brantley / Ernest Dumas / Gene Lyons / Bob Lancaster / Words / Guest Writer / Letters
Entertainment
A&E Feature / To-Do List / In Brief / Movie Reviews / Music Reviews / Theater Reviews / A&E News / Art Notes / Graham Gordy / Books / Media / Dining Reviews / Dining Guide / What's Cookin' / Calendar / The Televisionist / Movie Listings / Gallery Listings
This Week's Cover
Quick Links
Special Publications
RSS
Facebook
Twitter
