The Norman Transcript

Headlines

November 28, 2012

Record Powerball result of changes to boost sales

DES MOINES, Iowa — The historic Powerball jackpot boosted to $500 million on Tuesday was all part of a plan lottery officials put in place early this year to build jackpots faster, drive sales and generate more money for states that run the game.

Their plan appears to be working.

Powerball tickets doubled in price in January to $2, and while the number of tickets sold initially dropped, sales revenue has increased by about 35 percent over 2011.

Sales for Powerball reached a record $3.96 billion in fiscal 2012 and are expected to reach $5 billion this year, said Chuck Strutt, executive director of the Des Moines, Iowa-based Multi-State Lottery Association.

There has been no Powerball winner since Oct. 6, and the jackpot already has reached a record level for the game. It was first posted at $425 million but revised upward to $500 million when brisk sales increased the payout. It’s the second highest jackpot in lottery history, behind only the $656 million Mega Millions prize in March.

It took nine weeks for the Mega Millions jackpot to get that high, before three winners — from Kansas, Illinois and Maryland — hit the right numbers, each collecting $218.6 million for their share of the split.

With soaring jackpots come soaring sales, and for the states playing the game, that means higher revenue.

“The purpose for the lottery is to generate revenue for the respective states and their beneficiary programs,” said Norm Lingle, chairman of the Powerball Game Group. “High jackpots certainly help the lottery achieve those goals.”

For local news and more, subscribe to The Norman Transcript Smart Edition, or our print edition.

1
Text Only | Photo Reprints
Headlines
  • Water carry 5 Water Walk opens discussion about difficulties in obtaining safe H2O

    With large white plastic buckets upon their heads, two gallons of water sloshed to the brim and over the side, but the students trudged on down the South Oval. The farthest feat was to the Seed Sower, and as the sun glared down, heat ...

    April 23, 2014 1 Photo

  • Council OKs $48.8M contract for wastewater plant upgrades

    The Norman City Council awarded a $48.8 million project for wastewater treatment plant upgrades Tuesday. The council accepted a $50.3 million low-interest loan from the Clean Water State Revolving Fund....

    April 23, 2014

  • Transportation officials find more cracks in Lexington-Purcell bridge, but repairs on track

    State transportation officials announced Tuesday that additional repairs are needed in at least 96 places on the Lexington-Purcell bridge before it can be opened....

    April 23, 2014

  • Stacy Ford named 2014 Norman schools Teacher of the Year during banquet

    Stacy Ford, Kennedy Elementary librarian, was named 2014 Norman Public Schools Teacher of the Year at the district’s annual Celebration of Excellence banquet Tuesday evening at the National Center for Employee Development....

    April 23, 2014

  • Oklahoma officials account for $9.4M in disaster spending

    OKLAHOMA CITY — Nearly a year after deadly tornadoes hit central Oklahoma, officials announced that they have spent close to $9.4 million in private donations on relief efforts....

    April 24, 2014

  • Earth Day activities continue this week

    Oklahoma is no stranger to extreme weather, but many say those extremes are even greater than before. Norman resident and biologist Kathy Rand is convinced those climate irregularities are a result of climate change caused by pollution, ...

    April 24, 2014

  • Oklahoma court rejects death-row inmates’ claims

    Oklahoma court rejects death-row inmates’ claims OKLAHOMA CITY — The Oklahoma Supreme Court has rejected claims by two death row inmates that they’re entitled to know the source of the drugs that will be used to kill them....

    April 24, 2014

  • Man arraigned after wife’s death

    A judge on Wednesday denied bond for a 37-year-old Norman man formally charged with stabbing his wife to death with a kitchen knife early Saturday morning in their southeast Norman apartment. Abid Sandhu, 37, was arraigned before Special ...

    April 24, 2014

  • Moore schools receive $500K

    As Mickey Davis addressed the auditorium, the picture of a bright-eyed, happy 8-year-old on the podium in front of her could not be ignored. Davis’ son, Kyle Davis, was one of seven who lost their lives in the May 2013 tornadoes at Plaza ...

    April 24, 2014

  • School to present ‘Hamlet’

    To be or not to be? That is the question Norman North High School students are answering during their production of William Shakespeare’s “Hamlet” this week....

    April 24, 2014