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Illinois Lottery not paying big winners because state legislature won't pass budget

Topic closed. 62 replies. Last post 1 year ago by DELotteryPlyr.

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savagegoose's avatar - ProfilePho
adelaide sa
Australia
Member #37136
April 11, 2006
3315 Posts
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Posted: September 1, 2015, 9:56 pm - IP Logged

i have  heard the " they  saying they could lose money running a brothel; " but  no one ever thought gov was so incompetent, they " could lose money running a lottery! " now i have seen  everything

2014 = -1016; 2015= -1409; 2016  = -1171; 2017 = ?  TOT =  -3596

keno historic = -2291 ; 2015= -603; 2016= -424; 2017 = ? TOT = - 3318

    Coin Toss's avatar - shape barbed.jpg
    Zeta Reticuli Star System
    United States
    Member #30470
    January 17, 2006
    10390 Posts
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    Posted: September 1, 2015, 10:32 pm - IP Logged

    That is a great story **BUT** the Lottery is not your average company.  You see Illinois has a monopoly on the lottery.  There is no competition.  So, as much as I would like to see the players stop playing in IL until they start getting paid, it most likely will not happen. 

    Classic example of a monopoly, they do what they want regardsless of the 'contracts' they have issued (in the form of winning tickets).

    DELotteryPlyr,

    The monopoly factor is true for all state lotteries, no?

    If you went to a horse race track and there was a sign at the windows:

    All winning bets will receive IOUs and be paid at a later date

    would you make bets at the track?

    Illinois didn't even do that, there's was no 'heads up' and this wasn't even in the news until people were issued IOUs instead of getting paid.

    Those who run the lotteries love it when players look for consistency in something that's designed not to have any.

    Lep

    There is one and only one 'proven' system, and that is to book the action. No matter the game, let the players pick their own losers.

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      Maryland
      United States
      Member #162434
      January 2, 2015
      939 Posts
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      Posted: September 2, 2015, 7:28 pm - IP Logged

      DELotteryPlyr,

      The monopoly factor is true for all state lotteries, no?

      If you went to a horse race track and there was a sign at the windows:

      All winning bets will receive IOUs and be paid at a later date

      would you make bets at the track?

      Illinois didn't even do that, there's was no 'heads up' and this wasn't even in the news until people were issued IOUs instead of getting paid.

      Yes, all state lotteries have a monopoly.  Only competition is for people near the boarder to another state and can easily go over.  Which is what I have here.