In liberal-controlled Illinois, their inability to balance a state budget means they’re reneging on lottery ticket winners – essentially telling them “tough.”
And even though thy haven’t paid out more than $288 million in winnings to thousands of residents, they’re still selling tickets.
The state announced they weren’t paying out any tickets worth more than $600 until the budget impasse is resolved, but not only are they selling tickets – they’re paying for advertisements telling residents to buy more tickets.
One winner, Susan Rick, told INSIDE EDITION: “We won. We finally can have a comfortable life. Suddenly you’re gonna the rug out from underneath us. We had a ticket for $250,000.”
A group of Chicago city employees had joined a lotto pool and won a million dollars – but they still haven’t seen a penny of it either.
Rhonda Rasche, a 49-year-old hospital clerk, said that after winning $50,000 in a scratch-off lotto, officials told her she’d receive a check in the mail in four to six weeks. That was a few months ago.
“I’ve been waiting for a check for $50,000,” she said.
Rhonda has joined the other lotto winners who are suing to get their money.
Zimmerman, their attorney, said: “If any private business would engage in this kind of conduct selling tickets and not paying out the winner. The state would shut them down and indict them for fraud.”
HotAir made the point that 59 cents of every dollar in revenue from the sale of lottery tickets is supposed to go to pay for prizes.
So if 59 cents on the dollar is supposed to be going to pay out prizes and the prizes are based on the volume of sales, how could they not have enough money to write the checks for the winners? I’m guessing it’s because the lottery money is not, in reality, segregated in some separate account. It probably goes into the fungible pool of state money from which all payments are drawn. This isn’t much different than the mythical “Social Security Trust Fund” which Democrats love to talk about. It doesn’t exist, of course, except in the form of a stack of IOUs known as “special Treasury bills” which are only worth as much as the federal treasury which backs them.