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	<title>Comments on: Hoosier Lottery Class Action: Is it Typical to Spend $40,000 on Lottery Tickets?</title>
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	<link>http://classactionblawg.com/2008/07/11/hoosier-lottery-class-action-is-it-typical-to-spend-40000-on-lottery-tickets/</link>
	<description>class action news, commentary, and analysis</description>
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		<title>By: David Wilkerson</title>
		<link>http://classactionblawg.com/2008/07/11/hoosier-lottery-class-action-is-it-typical-to-spend-40000-on-lottery-tickets/#comment-743</link>
		<dc:creator><![CDATA[David Wilkerson]]></dc:creator>
		<pubDate>Thu, 05 Feb 2009 16:47:52 +0000</pubDate>
		<guid isPermaLink="false">http://classactionblawg.wordpress.com/?p=95#comment-743</guid>
		<description><![CDATA[I always check the web to see how many pay-offs are left because I thought they were not updating the list
and are still not doing it.  Lots of people check what is left because why would you keep buying tickets when the prizes have already been awarded. 

A good example is a game they put in called Frosty Fortune, the web site says all the top prizes are still out there and I doubt that is true.  Have played it several times and have not won a single dollar!]]></description>
		<content:encoded><![CDATA[<p>I always check the web to see how many pay-offs are left because I thought they were not updating the list<br />
and are still not doing it.  Lots of people check what is left because why would you keep buying tickets when the prizes have already been awarded. </p>
<p>A good example is a game they put in called Frosty Fortune, the web site says all the top prizes are still out there and I doubt that is true.  Have played it several times and have not won a single dollar!</p>
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		<title>By: Unbelievable</title>
		<link>http://classactionblawg.com/2008/07/11/hoosier-lottery-class-action-is-it-typical-to-spend-40000-on-lottery-tickets/#comment-405</link>
		<dc:creator><![CDATA[Unbelievable]]></dc:creator>
		<pubDate>Thu, 25 Sep 2008 18:07:54 +0000</pubDate>
		<guid isPermaLink="false">http://classactionblawg.wordpress.com/?p=95#comment-405</guid>
		<description><![CDATA[What is even more troubling about this case is that the complaint does not allege that the Lottery overstated the &quot;odds&quot; of the game...just the number of &quot;prizes remaining&quot;.   If you go to hoosierlottery.com, under thsir instant game info. you can see that they do not publish how many tickets are remaining...thus, a person has to pull that number out of their butt to determine what they believe their &quot;odds&quot; are for winning.  The odds are printed on the ticket itself and in the game rules and they never changed.
Will be interesting to see how this one plays out as both sides get &quot;lawyered up&quot;.]]></description>
		<content:encoded><![CDATA[<p>What is even more troubling about this case is that the complaint does not allege that the Lottery overstated the &#8220;odds&#8221; of the game&#8230;just the number of &#8220;prizes remaining&#8221;.   If you go to hoosierlottery.com, under thsir instant game info. you can see that they do not publish how many tickets are remaining&#8230;thus, a person has to pull that number out of their butt to determine what they believe their &#8220;odds&#8221; are for winning.  The odds are printed on the ticket itself and in the game rules and they never changed.<br />
Will be interesting to see how this one plays out as both sides get &#8220;lawyered up&#8221;.</p>
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		<title>By: Class action status granted in Hoosier Lottery case &#124; CLASS REACTIONS</title>
		<link>http://classactionblawg.com/2008/07/11/hoosier-lottery-class-action-is-it-typical-to-spend-40000-on-lottery-tickets/#comment-180</link>
		<dc:creator><![CDATA[Class action status granted in Hoosier Lottery case &#124; CLASS REACTIONS]]></dc:creator>
		<pubDate>Sun, 13 Jul 2008 00:12:30 +0000</pubDate>
		<guid isPermaLink="false">http://classactionblawg.wordpress.com/?p=95#comment-180</guid>
		<description><![CDATA[[...] A couple other blogs have taken up this issue, PopWallet and Class Action Blawg.   Share and Enjoy: These icons link to social bookmarking sites where readers can share and [...]]]></description>
		<content:encoded><![CDATA[<p>[...] A couple other blogs have taken up this issue, PopWallet and Class Action Blawg.   Share and Enjoy: These icons link to social bookmarking sites where readers can share and [...]</p>
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		<title>By: chris</title>
		<link>http://classactionblawg.com/2008/07/11/hoosier-lottery-class-action-is-it-typical-to-spend-40000-on-lottery-tickets/#comment-179</link>
		<dc:creator><![CDATA[chris]]></dc:creator>
		<pubDate>Sun, 13 Jul 2008 00:05:41 +0000</pubDate>
		<guid isPermaLink="false">http://classactionblawg.wordpress.com/?p=95#comment-179</guid>
		<description><![CDATA[My impression was that the complaint is not about the odds printed on the ticket but the misrepresentation of remaining prizes on the lottery&#039;s website.
 
From the linked article:  &quot;On June 22, 2006 -- more than a year after taking the flawed tickets off the market -- the lottery noted on its Web site that seven of the initial 10 $250,000 prizes associated with the game remained available, the suit says.

&quot;By July 7, 2006, after realizing it had too many prizes listed on its Web site, the lottery announced that the number of $250,000 prizes remaining had dropped to one. The number of prizes of $50 or more fell from 65,570 to 5,197.&quot;

If there were, say 250,000 tickets remaining for a ten dollar game and you (think you) know that 65k of those will be worth $50 or more it makes economic sense to buy as many as you can.  So you get a second mortgage and buy 4000 tickets.  If the next day the lottery revises the number of remaining prizes worth more than $50 down to 5,000, I can see wanting to sue.]]></description>
		<content:encoded><![CDATA[<p>My impression was that the complaint is not about the odds printed on the ticket but the misrepresentation of remaining prizes on the lottery&#8217;s website.</p>
<p>From the linked article:  &#8220;On June 22, 2006 &#8212; more than a year after taking the flawed tickets off the market &#8212; the lottery noted on its Web site that seven of the initial 10 $250,000 prizes associated with the game remained available, the suit says.</p>
<p>&#8220;By July 7, 2006, after realizing it had too many prizes listed on its Web site, the lottery announced that the number of $250,000 prizes remaining had dropped to one. The number of prizes of $50 or more fell from 65,570 to 5,197.&#8221;</p>
<p>If there were, say 250,000 tickets remaining for a ten dollar game and you (think you) know that 65k of those will be worth $50 or more it makes economic sense to buy as many as you can.  So you get a second mortgage and buy 4000 tickets.  If the next day the lottery revises the number of remaining prizes worth more than $50 down to 5,000, I can see wanting to sue.</p>
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		<title>By: Erik Cansler</title>
		<link>http://classactionblawg.com/2008/07/11/hoosier-lottery-class-action-is-it-typical-to-spend-40000-on-lottery-tickets/#comment-178</link>
		<dc:creator><![CDATA[Erik Cansler]]></dc:creator>
		<pubDate>Fri, 11 Jul 2008 19:39:04 +0000</pubDate>
		<guid isPermaLink="false">http://classactionblawg.wordpress.com/?p=95#comment-178</guid>
		<description><![CDATA[While they&#039;re at it, plaintiffs should go after the State of Indiana for selling an unregulated security!]]></description>
		<content:encoded><![CDATA[<p>While they&#8217;re at it, plaintiffs should go after the State of Indiana for selling an unregulated security!</p>
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