Lottery to review how jackpots are calculated
Monday, June 13, 2005 | 9:24 a.m.
AUSTIN -- Amid complaints of false advertising, Texas Lottery Commission officials will consider changing the way jackpots are paid.
C. Thomas Clowe, the commission chairman, said the three-member panel will discuss this month whether to guarantee the advertised jackpot or continue basing the grand prize on a percentage of ticket sales.
Clowe said Thursday that he is concerned that miscalculating the Lotto jackpot could undermine confidence in the game.
"We want the public to have confidence in the lottery," Clowe said. "This is the people's business."
The lottery came under fire this week when it was accused of overestimating Wednesday night's $8 million jackpot even though it was clear that the pace of ticket sales would not support such an outlay.
archive
- Most Read
- Discussed
- Most E-mailed
- Live Blog: Pacquiao wins by TKO in round twelve
- Police seek man who stole $2,000 worth of clothing
- Clubs want to be ‘good citizen,’ so stripper-mobile ends its run
- Nuclear plant in Ely could complicate radioactive waste, water issues
- Floyd Mayweather Jr. and Manny Pacquiao: The only fight fans want to see
- Now we can all see Islamic extremism for what it truly is
- Manny Pacquiao says he feels stronger than ever
- Ensign Federal Credit Union fails
- Small city struggles with shocking allegations
- Bruised and battered, Cotto says he will fight again
Blogs
Elsewhere
Dana White continues to push for event in Abu Dhabi
Politics: Ralston's Flash
Harry Reid is powerful for Northern Nevada, too!
The Kats Report
New face of Monte Carlo includes all the faces of Caliendo
The Greene Room
Predicting this weekend's Mountain West football slate (2 Comments)
Top Chef: Las Vegas
Top Chef Episode 11: Child's play
Miech Again
UNLV prez Smatresk is ready for some basketball (11 Comments)
Politics: The Early Line
Harry Reid's fourth TV ad begins running today
Calendar »
- 15 Sun
- 16 Mon
- 17 Tue
- 18 Wed
- 19 Thu
-
Actor's Expo at Rave Motion Pictures
Rave Motion Pictures Town Square 18 | 3 p.m. to 5 p.m.
-
Lily Tomlin at the Hollywood Theatre
Hollywood Theatre at MGM Grand
-
Neil Sedaka at the Orleans
Orleans Hotel-Casino
-
Supernatural Santana – A Trip Through the Hits at The Joint
The Joint
The Sun
Locally owned and independent for more than 50 years.
Technorati





