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Illinois State Lottery at New Hampshire
The New Hampshire
The New Hampshire lottery later illinois lottery was patterned after the New Jersey lottery.The New Hampshire lottery gave back to the winning players 35 of each dollar they invested. Though it did not achieve the financial bonanza expected by many of its backers, it was responsible for getting the lottery ball rolling in New York. On June 1, 1967, lottery tickets went on sale in New York, making it the second state in the country to get into the legalized lottery business. New York state lottery tickets first sold for $1. Drawings took place once a month. For each million tickets sold, there were 15 grand prize winners plus 225 consolation prizes. First prize was $100,000; second, $50,000; third, $25,000, and fourth, $10,000. Then there were 11 prizes of $5,000 each. Consolation prizes included 15 prizes of $1,000, 15 of $700, 15 of $400, 15 of $250 and 165 of $150. This adds up to 240 winners splitting up $300,000 in prizes for each million tickets sold. In addition to the monthly drawings, the New York State Lottery Commission ran a $250,000 once-a-year free drawing to stimulate year-round interest. Payments to the $250,000 winner were spread Illinois Lottery - About Lottery Bookmakers over a ten-year period to lessen the income-tax impact. In addition to this prize there were a number of consolation prizes ranging up to $7,500. To prepare for the special drawing, 200-odd tickets were drawn and set aside from each million tickets sold monthly. As in the Irish Hospitals’ Sweepstakes, the original New York state lottery monthly winners were chosen by a combination of fishbowl type drawings and the results of a horse race. But, unlike the Irish Hospitals’ Sweepstakes, the New York state lottery winners were chosen according to the results of a race run before the drawing.
New York State lottery
The original New York state lottery did not achieve the financial results expected by its original backers, due to a poor distribution arrangement. The buyer had to go to a hotel, local government Illinois Lottery - New Zealand Lottery agency or bank to buy a lottery ticket and once there he had to write his name and address on a duplicate ticket, keep the carbon and drop the original into a box. Imagine a laborer, dirty from work and perspiration, walking into a bank and standing an hour in line to purchase a lottery ticket. To add to the problem, Congress passed the 1967 Federal banking statute which prohibited the sale of lottery tickets by banking institutions insured by the Federal government. Fortunately, the distribution problem was solved. Of course, statewide lotteries, like all other legalized gambling ventures, have to go through a period of trial and error before the correct format is found.
New Jersey’s Statewide Lottery Tickets
The best arrangement to date began on December 16, 1970, when illinois state lottery the first of New Jersey’s statewide lottery tickets went on sale. The basic format of the ticket was fashioned after the illegal Treasury Tickets popular during the 1920s and ‘30s (see page 158). All winners are based on a six-digit number obtained from several drawings and the result of a previously run horse race. Tickets sell for 5OØ and the lottery has one weekly drawing. Like the illegal Treasury Ticket, the New Jersey lottery does not require the name or address of the ticket buyer. New Jersey’s weekly ticket sales have taken a sharp drop since the neighboring states of New York, Pennsylvania and others have copied the New Jersey lottery format in their own lotteries.
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