Illinois Lottery has become a BIG money pit!!

Reply #7

Coin Toss — Mon, 17 Mar 2014 05:13:04 GMT

hurley1333,

After Northstar had been running the Illinois lottery for a year someone here on LP posted that they were about $20 million short od their promise to the state for lottery revenue.

They've added some games like Hit Or Miss, a thank you for paying game, i.e. Thanks for the donation. The game itself is a copy cat of some other states but Northstar is a little decptive in their payoff charts. The most common result on Hit Or Miss is 5, 6, or 7 of your numbers, but that's not liste... [ More ]

Reply #6

rdgrnr — Mon, 17 Mar 2014 02:10:04 GMT

llinois is a cesspool of political corruption, everybody knows that.

It wouldn't surprise me if the tentacles of that corruption have gotten into their lottery.

Let's hope not.

Reply #5

hurley1333 — Mon, 17 Mar 2014 01:54:13 GMT

In the Midwest, Iowa seems to be one state whose game still subscribes to all the ideals of a lottery.......ie a game of chance that lets the draws deterrmine a winner fair and square.

Reply #4

maringoman — Sun, 16 Mar 2014 23:59:01 GMT

I play very little nowadays. I use the LP predictions board and learn how much money I save by not playing as much as I used to

Reply #3

grwurston — Sun, 16 Mar 2014 23:34:00 GMT

100% The private co's all promise the lottery officials they will increase profits. If they offer games that make it more difficult to win you got your higher profits. But then the players start to realize nobody wins anymore, and the sales go way down. Then the lottery officials start to panic and come up with some crazy promotion, but they still don't improve the odds which is the only real way to improve profits, because then more people will play... Idiots.

Reply #2

maringoman — Sun, 16 Mar 2014 23:19:28 GMT

I'm not a big fan of privatization. The private corporation not only has to pay fed and state taxes but has to transfer a certain amount of money to the state to fund whatever the state used to fund with lottery profits. Then you have to consider that the private company has to earn profits for its stock holders. All this money is coming from the players. This means the profits have to be sky high and the payouts have to be very very low. Not good

Reply #1

noise-gate — Sun, 16 Mar 2014 23:12:37 GMT

Its very possible that there are legions of lottery player's in your State that share your concerns hurley1333.

Illinois Lottery has become a BIG money pit!!

hurley1333 — Sun, 16 Mar 2014 21:59:21 GMT

Before the new private management took office, there used to be a winner in Lotto (of Illinois Lottery) at least once a month. It used to be fun knowing there would be a new millionare every month or two.

The games became more erratic with the new management. It is almost 5 months now, since the last winner in Lotto. I think the last winner was some time back in November 2013. The Lotterty seems more intent on meeting its revenue quota set by the state than actually paying out to those that p... [ More ]