darkoz
darkoz
  • Threads: 297
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Joined: Dec 22, 2009
odiousgambit
odiousgambit
  • Threads: 326
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Joined: Nov 9, 2009
August 30th, 2015 at 4:36:58 AM permalink
Another reminder that it's OK to welch if you are big enough and powerful enough.
the next time Dame Fortune toys with your heart, your soul and your wallet, raise your glass and praise her thus: “Thanks for nothing, you cold-hearted, evil, damnable, nefarious, low-life, malicious monster from Hell!”   She is, after all, stone deaf. ... Arnold Snyder
RonC
RonC
  • Threads: 40
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Joined: Jan 18, 2010
August 30th, 2015 at 7:09:03 AM permalink
What idiot set this system up? You take in millions from suckers (the lottery being such a bad bet) and you don't have a system that allows them to be paid no matter what the budget situation is? That is batshit crazy!
ThatDonGuy
ThatDonGuy
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Joined: Jun 22, 2011
August 30th, 2015 at 7:32:37 AM permalink
California had a similar problem with having to hand out IOUs during one (or more) of its annual budget crises.

You would think at least one bank would step up and say, "We will accept your IOUs without any surcharge."
SanchoPanza
SanchoPanza
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Joined: May 10, 2010
August 30th, 2015 at 11:19:20 AM permalink
If a government cannot pay its obligations, that is nothing but a default. Illinois now joins Greece and Puerto Rico in the sewer.
JohnnyQ
JohnnyQ
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Joined: Nov 3, 2009
August 30th, 2015 at 12:39:38 PM permalink
Now I've heard everything !

The Illinois lottery website even promotes itself with a list of winners:

Illinois Bureaucrats are Screwed Up
There's emptiness behind their eyes There's dust in all their hearts They just want to steal us all and take us all apart
MaxPen
MaxPen
  • Threads: 13
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Joined: Feb 4, 2015
August 30th, 2015 at 1:14:45 PM permalink
First, this is an example of why you should always take the lump sum.

Second, I am sure the lawyers are lining up. This is fraud and a breach of contract. Additional punitive damages should get awarded.
Frogger
Frogger
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Joined: Jun 26, 2013
August 30th, 2015 at 3:40:37 PM permalink
Wow, just awful
JohnnyQ
JohnnyQ
  • Threads: 262
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Joined: Nov 3, 2009
November 12th, 2015 at 3:09:33 PM permalink
Update (Summary: Sales are Somewhat down)

Recent Article
There's emptiness behind their eyes There's dust in all their hearts They just want to steal us all and take us all apart
Gabes22
Gabes22
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Joined: Jul 19, 2011
November 12th, 2015 at 4:30:19 PM permalink
It's just another example of corruption in Illinois in my home state. Lotteries are basically an authorization to print money. For the fund to dwindle people or organization have had to tap into it. The "corruption tax" in Illinois is over $1300 per person and for a family of 4 it is well over $5000. This is just par for the course here unfortunately
A flute with no holes is not a flute, a donut with no holes is a danish
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