Illinois Lottery winner gets an IOU from the State

[22*43*51]

Danny Chasteen and his girlfriend, Susan Rick, thought they had gotten their big break last month when Chasteen won $250,000 from the Illinois Lottery. Instead, they got an IOU.

The Chicago Tribune reported that disbursements of Illinois Lottery winnings of more than $25,000 have been halted because the state doesn't have a budget.

"For the first time, we were finally gonna get a break," Rick said. "And now the Illinois Lottery has kind of messed everything up."

Under state law, checks for such winnings must be cut by the state comptroller's office and, since lawmakers have yet to approve a budget, the office cannot release those funds, the newspaper said.

"The lottery is a state agency like many others, and we're obviously affected by the budget situation," Steve Rossi, a Lottery spokesman, told the newspaper. "Since the legal authority is not there for the comptroller to disburse payments, those payments are delayed."

Click here for the full report.

 

[fredjr82]

 

[22*43*51]

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That's actually pretty brilliant.

 

[who r u]

if they cant pay then they shouldnt be allowed to play, seems pretty simple.

 

[LuteHawk]

In about 5 years, those people receiving pensions from
the state of Illinois will be getting IOU's. The state is
close to declaring bankruptcy. Years of mischief by
the Democrat's Chicago Machine is coming to light.

 

[INXS83]

Danny Chasteen and his girlfriend, Susan Rick, thought they had gotten their big break last month when Chasteen won $250,000 from the Illinois Lottery. Instead, they got an IOU.

The Chicago Tribune reported that disbursements of Illinois Lottery winnings of more than $25,000 have been halted because the state doesn't have a budget.

"For the first time, we were finally gonna get a break," Rick said. "And now the Illinois Lottery has kind of messed everything up."

Under state law, checks for such winnings must be cut by the state comptroller's office and, since lawmakers have yet to approve a budget, the office cannot release those funds, the newspaper said.

"The lottery is a state agency like many others, and we're obviously affected by the budget situation," Steve Rossi, a Lottery spokesman, told the newspaper. "Since the legal authority is not there for the comptroller to disburse payments, those payments are delayed."

Click here for the full report.

The real reason is the state of Illinois is flat broke and the check may bounce on any given day.

 

[HawkAttackDial911]

Where is all the lottery ticket money going? I didn't watch the John Oliver segment yet, if he explains it.

 

[HawkFantastic]

Brilliant- They don't have the money to pay those people their lottery winnings, but they have the money to run a lottery and take everybody else's money. Seems about right.

To me the solution is simple- If they can only pay lottery winnings up to 25K, pay them 25K until the debt is paid.

I'll bet if those people owed the state 10, 15, 25 thousand and indicated they didn't have a budget to pay that right now, the state wouldn't be that understanding.

 

[fredjr82]

Where is all the lottery ticket money going? I didn't watch the John Oliver segment yet, if he explains it.

That video came out well before this article. While most Lottery revenue is supposed to go towards education, he claims that state budgets have a lot of moving money. Like trying to take a pee in the corner of a pool. You may think you're peeing in the corner but it's really moving around.

 

[theIowaHawk]

It doesn't say they don't have the money, it says that without a budget they can't legally write the checks.

I support getting a budget done, although you'd think lotto funds would be separate.

 

[TexMichFan]

Danny Chasteen and his girlfriend, Susan Rick, thought they had gotten their big break last month when Chasteen won $250,000 from the Illinois Lottery. Instead, they got an IOU.

The Chicago Tribune reported that disbursements of Illinois Lottery winnings of more than $25,000 have been halted because the state doesn't have a budget.

"For the first time, we were finally gonna get a break," Rick said. "And now the Illinois Lottery has kind of messed everything up."

Under state law, checks for such winnings must be cut by the state comptroller's office and, since lawmakers have yet to approve a budget, the office cannot release those funds, the newspaper said.

"The lottery is a state agency like many others, and we're obviously affected by the budget situation," Steve Rossi, a Lottery spokesman, told the newspaper. "Since the legal authority is not there for the comptroller to disburse payments, those payments are delayed."

Click here for the full report.

So basically their winning lotto ticket is actually a participation trophy.

 

[22*43*51]

Like trying to take a pee in the corner of a pool. You may think you're peeing in the corner but it's really moving around.

I loved that analogy.

 

[bagdropper]

I'm actually surprised the state of Illinois even uses a budget.

 

[22*43*51]

I'm actually surprised the state of Illinois even uses a budget.

They haven't so far this year.