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Article: Texas Takes Gamble on Mega Millions Lottery.
- Article from:
- Knight Ridder/Tribune Business News
- Article date:
- August 6, 2003
CopyrightCOPYRIGHT 2003 Knight-Ridder/Tribune Business News. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Houston Chronicle Knight Ridder/Tribune Business News
Aug. 6--AUSTIN, Texas--Texas is placing its bets on the multistate lottery Mega Millions, noted for its record-setting jackpots and 1-in-135 million odds, the Lottery Commission decided Tuesday.
Commissioners gave Lottery Executive Director Reagan Greer approval to negotiate a contract for Texas to join the 10 other states that form the Mega Millions game, meaning the well-known Powerball lottery appears out of the running.
The Legislature, seeking a way to climb out of a $10 billion budget hole, authorized Texas last spring to join a multijurisdictional lottery.
In June, Gov. ...