New Jersey could get $1 billion less out of its state lottery as part of an amended 15-year deal with the private firm that runs part of it, according to an Associated Press analysis.
The record-breaking $700 million Powerball jackpot is the stuff of dreams, but it all boils down to math. From the huge prize to the enormous odds against winning it, Saturday night's drawing is a numbers game that gives players good reason to brush up on their algebra, maybe as they stand in line to buy a ticket.
The state lottery and the private company overseeing part of its operations have agreed to lower revenue targets and guaranteed income for three years.
WASHINGTON (AP) — When Chris Christie privatized the management of New Jersey's lottery two years ago, he said its new overseers would "modernize and maximize" the games.
A man in New Mexico who just retired and could really use a jackpot for his retirement years thought he had won one. The lottery commission in New Mexico says he didn't.