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The Pennsylvania Lottery is a lottery operated by the Commonwealth of Pennsylvania. It was created by the Pennsylvania General Assembly on August 26, 1971; [1] two months later, Henry Kaplan was appointed as its first executive director. The Pennsylvania Lottery sold its first tickets on March 7, 1972, and drew its first numbers on March 15 ...
Peachtree Financial Solutions is a company headquartered in Radnor, PA. Peachtree provides cash to individuals with illiquid assets such as structured settlement payments, annuity payments, lottery winnings, and active non-settled lawsuits. [1] The company was founded in 1996.
Lottery games with "lifetime" prizes, known by names such as Cash4Life, Lucky for Life, and Win for Life, comprise two types of United States lottery games in which the top prize is advertised as a lifetime annuity; unlike annuities with a fixed period (such as 25 years), lifetime annuities often pay (sometimes for decades) until the winner's death.
Mar. 15—WILKES-BARRE — Pennsylvania Lottery officials on Friday said the transition to its new system will impact players' ability to buy certain tickets and cash winning tickets — players ...
A lump sum lottery payout is a one-time cash payment, whereas an annuity payout provides annual payments over time. Depending on which state you win in and what lottery game you play, the payout ...
Lottery drawings will still occur that day, officials said, but players won’t be able to buy any Fast Play tickets or Draw Game tickets at Pennsylvania Lottery retail locations or online.
The PA state lottery was established in Act 91 of 1971 as a government run entity. [3] The purpose of the lottery, as stated in the bill, is to provide property tax relief to the elderly for property taxes paid in 1971 and thereafter to persons 65 years of age or older.
Aug. 2—WILKES-BARRE — Pennsylvania Lottery Executive Director Drew Svitko Monday said he is extremely proud that the Lottery has kept funds flowing to programs that benefit older ...