Mass. puts limit on purchase of lottery tickets

Posted Aug. 03, 2011, at 9:55 p.m.
Last modified Aug. 04, 2011, at 5:12 a.m.

BOSTON — The state Treasurer has put a limit on the number of tickets for one particular lottery game stores can sell per day following a report that sophisticated gamblers were buying hundreds of thousands of dollars worth of tickets virtually guaranteeing them of turning a profit.

Treasurer Steven Grossman said Monday stores can sell a maximum of $5,000 worth of Cash WinFall tickets in a single day.

He also said the game, which has seen declining sales since it was introduced in 2004, will be phased out next spring.

Grossman acted following a report in The Boston Sunday Globe that said sophisticated gamblers had found a quirk in Cash WinFall’s rules that virtually guarantees them a profit if they buy more than $100,000 worth of tickets at certain times of the year.

SEE COMMENTS →

ADVERTISEMENT | Grow your business
ADVERTISEMENT | Grow your business

Similar Articles

More in Nation