Newsletter Signup
Stay informed with the
NEW Casino City Times newsletter! Related Links
|
Gaming News
Lottery to Review How Jackpots Are Calculated13 June 2005Las Vegas Sun 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. Copyright © Las Vegas Sun. Inc. Republished with permission. |