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Wisconsin Man Plays Wrong Lottery Game And Wins $14.3 Million

Posted on January 24, 2012

A Wisconsin man won the $14.3 million Megabucks pot, but was oblivious to his windfall for three days. The employees of the gas station where the winning ticket was sold wondered about who had scored the big payday and hoped it was one of their regulars, Napolean Elvord, a veteran in need of a kidney transplant. Employees even asked him if he was the big winner, and Napolean said it wasn’t. But when no one claimed the ticket, workers pressed him again, and it turns out that he had been looking at the wrong day’s results. “I think it was a mistake because I was trying to play the Powerball,” he said. Elvord is opting for a $10.2 million lump sum, or $6.87 million after taxes. He says he’ll take care of health insurance first and then move to his warmer home state of Texas
via wxerfm.com

Filed under  //   lottery  

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Lottery advertising fails to increase sales

Posted on May 27, 2010

Lottery

The Wisconsin Legislative Audit Bureau said Wednesday that lawmakers increased the Wisconsin Lottery's annual "product information budget" to $7.5 million from $4.6 million in 2006.

The report said agency officials estimated the increase would generate an additional $15 million in ticket sales per year but that has not happened.

Read the story at JSOnline.com

Filed under  //   advertising   lottery  

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Racine couple wins $7.5 million Megabucks jackpot [video]

Posted on April 7, 2010

A Racine couple won $7.5 million dollars in the Megabucks lottery game. After taxes, their take-home is $2.8 million dollars.

Other than buying a "bigger" house, Albert Mohrbacher Jr. and his wife say they would like to buy a new fishing boat and see San Francisco.

Congrats!

Filed under  //   Racine   fishing   lottery   money  

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Winning lottery ticket sold in Rosendale

Posted on March 3, 2010

Lottery

One ticket sold in Rosendale matched all five winning numbers Tuesday in the Wisconsin Lottery’s Badger 5 daily jackpot drawing to claim the $111,000 prize.

The winning ticket was sold at Mobil, 108 N. Main St., Rosendale.

Read the story

Image: FreeDigitalPhotos.net

Filed under  //   Rosendale   lottery   money  

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Thousands in county missing out on lottery tax credit

Posted on January 25, 2010

CHRIS RICKERT

If you're writing out a check this week for the first installment of your local property taxes, due Sunday, beware that you might be paying more than you owe.>

Based on a review of Dane County property records, treasurer David Worzala in November said there were about 14,000 homeowners who were likely eligible for the state's lottery tax credit, but not getting it because they never applied.

State officials do not track a similar, statewide number, according to fiscal analyst Al Runde, who administers the credit for the Legislative Fiscal Bureau. But if the trend in Dane County holds true in Wisconsin's 71 other counties, tens of thousands of homeowners could be forgoing millions in property tax relief.

The credit returns a portion of lottery revenues to homeowners. The only requirement for getting it is that your home be your "primary residence" on Jan. 1 of the tax year.

It's not a lot of money, and the amount changes from year to year based on lottery revenues and what school district you live in. But recently it's been about $75 to $100 per property owner, enough for a dinner at a swank restaurant. For 2008 taxes, the state set aside $117.8 million for the credit, Runde said, out of gross lottery revenues of about $474 million.

Read the rest of the story at host.madison.com

Filed under  //   Wisconsin   lottery   money   taxes  

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Milwaukee man cheated out of lottery win

Posted on January 18, 2010

Filed under  //   Milwaukee   lottery  

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