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Illinois Gov. wants to privatize state lottery

Topic closed. 27 replies. Last post 11 years ago by darimgdave37.

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LOTTOMIKE's avatar - cash money.jpg
Tennessee
United States
Member #7853
October 15, 2004
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Posted: May 24, 2006, 5:16 pm - IP Logged

isn't this what indiana did????

disaster.

    Rick G's avatar - avatar 1766.jpg
    FEMA Region V Camp #21
    United States
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    July 27, 2002
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    Posted: May 24, 2006, 5:48 pm - IP Logged

    Coin Toss...thanks for that breakdown.

    The 33% now going to the school fund will then go to the "renter". They can lower operating costs by going to computer draws and not televising them. Perhaps they could even eliminate the independent auditing firm who currently oversees the integrity of the drawings. They could cut the prize pool and the vendors' cut by just a small percentage and they would be making a profit of 40 cents or more on the dollar. If they're crooked they could rig their computer and terminals like Indiana seems to and make a killing.

    Since the purpose of a business is to make as much money as possible, there's a good chance we'll see some changes and I don't think the changes will be in favor of the players.

    Posted 4/6:  IL Pick 3 midday and evening until they hit:  555, 347 (str8).


      Coin Toss's avatar - shape barbed.jpg
      Zeta Reticuli Star System
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      Posted: May 24, 2006, 6:31 pm - IP Logged

      RickG

      Wouldn't taking over a lottery and elimnating any independent auditing firm make them highly suspect?

       


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        Posted: May 25, 2006, 7:33 pm - IP Logged

        RickG

        Wouldn't taking over a lottery and elimnating any independent auditing firm make them highly suspect?

         

        It would seem that way. But Illinois should go ahead with it.

          psykomo's avatar - animal shark.jpg

          United States
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          May 30, 2004
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          Posted: May 25, 2006, 8:39 pm - IP Logged

          DEAR MEMBERS:

          It "L@@KS" like toooooooooooomeeeeeeeeeeeeeeeeit boils down to (2-THING$$$$)

          "Who do youuuuuuu.PPPPPPPPPeeee"""""PPPPPPTRUST(Trust???)

          "Jimmy Carter"<<OR........"Richard Nixon"<<

          >>>>>>>>>>>>OR>>>>>>>>>>>>>>>>

          LOTTERY POST>>>over >>!!!!!!

          40,000...............Member$$$

          LOL

          PSYKOMO...............&&&&&&&&&&$$$$$$$$$$$>>>>>>>you too member$$$$$$$$$.

            psykomo's avatar - animal shark.jpg

            United States
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            Posted: May 25, 2006, 10:16 pm - IP Logged

            This looks like a major disaster waiting to happen.   What a stupid solution.

            The irony is that he's gambling with gambling. Kind of like having a full house poker hand and throwing your pair away hoping for the four of a kind.

             

            "Thank$$$$$$$$.................Rick G!!!!!!!!!!!!!

            LOL>>>>>>>>>>>>>>>>>>

            >>>2006>>>$$$

            LOL

            PSYKOMO 

              johnph77's avatar - avatar
              CA
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              December 10, 2003
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              Posted: May 26, 2006, 1:35 am - IP Logged

              Hmmmmm. So, in 2025 Illinois is left with:

              A bankrupt education fund.
              No lottery funds with which to further education financing.
              If the State decides to start a competing lottery to further funding no one is likely to play it, because, not having to worry about funding education, the private concern will offer a much higher payout percentage than any state could hope to do.

              A classic case of a politician wanting to kill the goose that lays golden eggs. Screw the future, grab what you can now and run.

              Blessed Saint Leibowitz, keep 'em dreamin' down there..... 

              Next week's convention for Psychics and Prognosticators has been cancelled due to unforeseen circumstances.

               =^.^=

                psykomo's avatar - animal shark.jpg

                United States
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                Posted: May 26, 2006, 2:27 am - IP Logged

                DEAR MEMBERS:

                It "L@@KS" like toooooooooooomeeeeeeeeeeeeeeeeit boils down to (2-THING$$$$)

                "Who do youuuuuuu.PPPPPPPPPeeee"""""PPPPPPTRUST(Trust???)

                "Jimmy Carter"<

                >>>>>>>>>>>>OR>>>>>>>>>>>>>>>>

                LOTTERY POST>>>over >>!!!!!!

                40,000...............Member$$$

                LOL

                PSYKOMO...............&&&&&&&&&&$$$$$$$$$$$>>>>>>>you too member$$$$$$$$$.

                Thank.............you ..........thank >>>>>>>>>>>>you <<<<<<<very....MUCCHHHHH!

                Onley Jimmy Carter,,,,,,&,,,,,,Richard Nixon!!!!!!!

                gave us the most perfect...................................................TIMES........praise........allow!!!!!!!!!!!!

                LOL$$$$$$$$$$$$$.........&&&&&&&&&&&&&&........monetttttttttttttttyyyyyyy

                "IFFFFFFFFFFF..................."YOU NEED___________TOO!!!!!!!!!!!!!!!!!ittttt$$$

                praise...........JIMMY.............&.............pooorrrrrrrrrrrr"RICHARD"&......U....WIN$

                LOL........................noproblems with over more than........$$$$$$$$40,000 !!!!!!!!!!

                MEMBer"$$$$$$$$$$$$$$

                 

                 

                 

                  paymenow's avatar - scenery water_mountains.jpg
                  Cardiff by the Sea, San Diego, CA
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                  Posted: May 26, 2006, 2:34 am - IP Logged

                  One should shudder just even at the thought of state lottery games changing hands over to the private sector. 

                  Why should one trust a private group more than they would a government entity?  Where does the depth of greed lie before the temptation of corruption takes place as it is morally, ethically, socially, and more, blinded by its desire to forever enhance its bottom line? 

                  Whenever great financial gains are the underlying and primary motivating factors in any such agreement, there will always be many casualties left in its wake.

                   

                  PayMeNow 

                    Rick G's avatar - avatar 1766.jpg
                    FEMA Region V Camp #21
                    United States
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                    July 27, 2002
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                    Posted: May 26, 2006, 9:11 am - IP Logged

                    Coin Toss,

                    They would be suspect even if they KEPT the auditing firm. I like PayMeNow's post above.....we should shudder at the thought for obvious reasons.

                    Posted 4/6:  IL Pick 3 midday and evening until they hit:  555, 347 (str8).



                      United States
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                      June 5, 2002
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                      Posted: May 26, 2006, 9:41 am - IP Logged

                      One should shudder just even at the thought of state lottery games changing hands over to the private sector. 

                      Why should one trust a private group more than they would a government entity?  Where does the depth of greed lie before the temptation of corruption takes place as it is morally, ethically, socially, and more, blinded by its desire to forever enhance its bottom line? 

                      Whenever great financial gains are the underlying and primary motivating factors in any such agreement, there will always be many casualties left in its wake.

                       

                      PayMeNow 

                      Look at the Connecticut Lottery. No one (not even me, although they have a Lose for Life scratch with no cash option) complains about it.

                        psykomo's avatar - animal shark.jpg

                        United States
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                        May 30, 2004
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                        Posted: May 30, 2006, 3:15 pm - IP Logged

                        How about doing what a private company would do? Get rid of the red tape admin costs, jack up the payout percentages, people will play more, and you will make more. This is why politicians are really useless. Companies should be lining up to buy this.

                        qutgnt::::::::::::::You gottaaaaa.......bright idea$$$$$$$$$$$$

                        "RUNNING"..........it  like a private company would be a better...............

                        "SOLUTION"........I Agree! otherwise,........we will have many states doing

                        "It"...................... and then some holding company to buy'um-out >>>> 

                        and BANG>>>>>>BANG!!!!!!!!!!!!! one big lottery company, controled by

                        a very few who will answer to.......NO ONE!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

                        "So let's keep it in the individual states.......hands and "L@@K"

                        at trimming some expense frome the TOP>>>>>>>>>>>>>>>>DOWN!

                        Would like to know what some of these Lottery Commission chair people

                        make from each state.............with their bonus ball PERK$$$$$$$$$$$$$

                        THINK the one from this state take$$$$ over $3.5 million a year for?????

                        sweat'n their BALLssssssssssssOFF to run the lottery for ALL the children

                        and the "little People" who support the games with "REAL".....MONEY$$

                        lol

                        PSYKOMO 

                         

                         

                          darimgdave37's avatar - animated sphere.gif
                          New Member
                          Bloomington, Illinois
                          United States
                          Member #30219
                          January 13, 2006
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                          Posted: May 31, 2006, 12:43 am - IP Logged

                          Darimgdave,

                          If you want to find the shoebox it's usually in the Secretary of State's closet.

                          Let's get that party started!

                          The way things are going here, if I found the shoebox, Gov. Rod would tax the livin' day;ights outta meCrying  Anyhow, I'll just have to wait and win to have that party...and then I'll let you know where the party is.Sad Cheers