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Word: payoff (lookup in dictionary) (lookup stats)
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...Payoff. Last week Furcolo, 53, was indicted on charges of misconduct while in office by a 21-member Boston grand jury. In the eight months since it was impaneled at the request of Republican Attorney General Edward Brooke, the grand jury has charged 40 persons with various violations of public trust. It now accused Furcolo of conspiring to arrange a bribe while he was Governor...

Author: /time Magazine | Title: Massachusetts: From Dazzling to Fizzling | 10/23/1964 | See Source »

...Hampshire last week came the big payoff on the first major U.S. lottery since the crime-ruled Louisiana lottery brought the Federal Government down on it in the 1890s. As a result, New Hampshire's public school system was about $2,500,000 richer, the U.S. Treasury was looking forward to $570,000 in taxes, 1,992 tickets were paying off a total...

Author: /time Magazine | Title: Customs: The Bonanza Machine | 9/18/1964 | See Source »

Real Eight. A few strikes have been made by casual skindivers, but the real payoff generally goes to companies that can afford elaborate treasure-hunting equipment such as electronic metal-detection gear, air compressors, sand pumps and power boats. Real Eight, Inc., a group of Vero Beach-based underwater operators that has so far sunk an estimated $150,000 in the Atlantic, recently made its first major strike: the wreck of what was probably one of a group of Spanish ships that foundered in a hurricane...

Author: /time Magazine | Title: Collectors: Bonanza on the Bottom | 8/28/1964 | See Source »

...Fast Payoff. "Numbers" is the poor Negroes' reach for the pot of gold, and 100,000 of them slip nickels and dimes to "runners" each day in the hope that their three-digit number will come up for a 600-to-1 payoff. Otherwise known as the policy racket, the numbers game drains Harlem of $50 million a year, but it also provides a living for 15,000 runners and controllers. Negro stores abound with code books advising that if you have dreamed about the police you should bet the number 782; about cats, 578; about adultery...

Author: /time Magazine | Title: Nation: No Place Like Home | 7/31/1964 | See Source »

When the tote payoff was announced at the staggering odds of 9,872 to 1, the stunned bookmakers realized they were on the hook for a possible $28 million. Gleeful gamblers were already calling the caper "Operation Sandpaper" because it rubbed the bookmakers the wrong way. Fifty of the biggest bookies in England-from Joe Coral and Ladbroke's to Jack Swift and William Hill-gathered that evening at London's Victoria Club. The bookies agreed to call the betting on that particular race null and void. All money wagered on the race would be refunded...

Author: /time Magazine | Title: Great Britain: Operation Sandpaper | 7/10/1964 | See Source »

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