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- Established in 1971 to raise revenue for the state's cities and towns
- First lottery tickets were sold in 1972
- Overseen by state's Treasurer, who is the chairperson of the lottery
- A five-person committee which includes the treasurer and four other members oversees the lottery
- Director: Mark J. Cavanagh
- Headquarters: Braintree
- Regional offices in Fairhaven, Springfield, Worcester and Woburn
- Has returned over $15.3 billion to the state
- Sales in 2008: $4.7 billion, a record number
- $935 million were distributed to cities and towns of the state in 2008Official Site: Massachusetts State Lottery
- 351 cities and towns receive local aid through the lotteryOfficial Site: Massachusetts State Lottery
- The money is not earmarked and the communities can choose how to spend itOfficial Site: Massachusetts State Lottery
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The Massachusetts State Lottery was established in 1971 to raise revenue for the state's cities and towns. The lottery is overseen by the state's Treasurer.Official Site: Massachusetts State Lottery In March 2009, the current treasurer Tim Cahill proposed a privatization of the lottery to raise more money for the state.MassLive.com: Massachusetts treasurer proposes privatizing state lottery (March 4, 2009)
Proposed Privatization
In March 2009, State Treasurer Tim Cahill proposed a privatization of the lottery through a 50-year license to run the lottery. Cahill said that privatizing the lottery would help the state to quickly raise money through money for the license and a revenue-sharing agreement. The state faces a $1.1 billion budget deficit and projected spending cuts of $3.5 billion for the 2010 budget. Although the lottery sold a record-breaking number of tickets in 2008, Cahill is predicting a falling revenue in 2009 due to the the national financial crisis.MassLive.com: Massachusetts treasurer proposes privatizing state lottery (March 4, 2009)-
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Massachusetts Lottery Questions
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What are the best companies that run walking tours in Boston, Massachusetts? 1 AnswerThere are a whole list of tours here, but I don't know how you would find reviews. Maybe a travel website. I'll keep looking. http://www.allbostontours.com/Ci... read more -
What is the difference between a Commonwealth and a State? Why is Massachusetts considered a Commonwealth? 4 AnswersThere really is no difference between a Commonwealth and a State when looking within the United States. Both are governed the same and follow the same rules. ... read more -
Would you stay with your current significant other if you won the lottery? 6 AnswersI have seen articles about people holding off on divorces due to the economic climate, so this doesn't surprise me at all. That being said, I don't think winni... read more -
What would you do if you won the lottery? 4 AnswersI would start looking at homes around Dana point, I would get some much needed dental work. Change cars,nothing more expensive than a CTS. I also start going to... read more
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On Twitter Powered by Twitter
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@kinkorati Mass. Daily: The winning numbers drawn Sunday night in the "Massachusetts Daily Lottery" were: 7-7-2-9 ... http://bit.ly/8NElj9
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Mass. Daily: The winning numbers drawn Sunday night in the "Massachusetts Daily Lottery" were: 7-7-2-9 ... http://bit.ly/8NElj9
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@kinkorati Mass. Daily: The winning numbers drawn Saturday night in the Massachusetts Daily Lottery were: 3-3-5-1 ... http://bit.ly/8M729q
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Mass. Daily: The winning numbers drawn Saturday night in the Massachusetts Daily Lottery were: 3-3-5-1 ... http://bit.ly/8M729q
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@kinkorati Mass. Daily: The winning numbers drawn Wednesday night in the "Massachusetts Daily Lottery" were: 4-6-8-... http://bit.ly/72yt8A
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