上位 200 件のコメント全て表示する 415

[–]TheFinalDeception 1487ポイント1488ポイント  (78子コメント)

The state recently announced that it was not paying out any winnings worth more than $600 until its budget crisis is resolved - but it's still running TV ads promoting the lottery.

I'm not gonna pay any of my bills over $60 until I have a better job, I'm sure nothing bad will happen.

[–]Kind_Of_A_Dick 328ポイント329ポイント  (11子コメント)

Just don't pay state taxes because you can't afford it.

[–]NeonDisease 96ポイント97ポイント  (2子コメント)

Well, you CAN pay your taxes, you just lack the authority to write the check.

[–]InternetUser007 51ポイント52ポイント  (1子コメント)

Good thing that same lack of authority prevents them from writing paychecks to themselves, right? RIGHT?!?!?

[–]gnovos 5ポイント6ポイント  (3子コメント)

Pay state your taxes with your lottery winnings.

[–]aaaaaaaarrrrrgh 13ポイント14ポイント  (1子コメント)

Actually, wouldn't this be perfectly acceptable? If you have an IOU from the state, and owe the state something, then that IOU should be good to pay for it. You just can't pay anyone else that way.

[–]TheBestIsaac [スコア非表示]  (0子コメント)

Isn't this how the whole banking system works?

[–]Mach5Booger 1ポイント2ポイント  (0子コメント)

Sorry that is way above my pay-grade

[–]tsingi 56ポイント57ポイント  (13子コメント)

I'm not gonna pay any of my bills over $60 until I have a better job, I'm sure nothing bad will happen.

But in this scenario, you are a bookie and you aren't paying out on winning bets.

What do bookies do when you don't pay your debts? How will their customers react if you turn the tables?

I'd suggest that the tables would be turned on the bookie.

If you have a lottery and take peoples money, then refuse to pay off, it's grand larceny.

It's not complicated.

[–]SgtSlaughterEX 47ポイント48ポイント  (6子コメント)

Someone should go break the fingers of the governor of illinois

[–]tsingi 29ポイント30ポイント  (5子コメント)

Someone should go break the fingers of the governor of illinois

No no no.

For owing a hundred bucks you get a broken finger. We're talking millions here.

[–]SgtSlaughterEX 8ポイント9ポイント  (0子コメント)

Make him play dead and pose for pictures?

[–]TheLastWarMind 6ポイント7ポイント  (3子コメント)

true you've got to set an example or other people will think they can get away with not paying.

[–]tsingi 11ポイント12ポイント  (2子コメント)

That's right. If we let Illinois get away with this, all the states will start ripping off lottery funds. It will be anarchy, er, reverse anarchy.. well, it will be bad.

[–]TheLastWarMind 3ポイント4ポイント  (1子コメント)

he only needs one hand to sign the budget yes?

[–]desmando 39ポイント40ポイント  (19子コメント)

How are they paying for the ads?

[–]texx77 101ポイント102ポイント  (9子コメント)

With their money. They have plenty of money, they aren't not paying the winners due to lack of money. They legally can't pay them due to Illinois law that won't allow them unless a state budget is in place.

[–]desmando 22ポイント23ポイント  (8子コメント)

But does the law allow them to pay advertisers without a budget?

[–]Diesel-66 43ポイント44ポイント  (7子コメント)

Contracts are likely already in place and paid

[–]DewSchnozzle 17ポイント18ポイント  (0子コメント)

Isn't the winning ticket also a contract to pay the bearer?

[–]Mattagascar 6ポイント7ポイント  (5子コメント)

TV advertising is almost always done on a week to week basis and it's unlikely they are in any long term commitments.

[–]JoshuaTheWarrior 5ポイント6ポイント  (3子コメント)

That's absolutely not true. They could have easily reserved future spots for months on end and paid for the points.

[–]TokeyWakenbaker [スコア非表示]  (2子コメント)

The more you buy, the more you save?

[–]JoshuaTheWarrior [スコア非表示]  (0子コメント)

Lol, actually yeah. Points tend to increase the closer you get to air date, so buying futures in bulk it's more economical.

[–]offensivenamehere [スコア非表示]  (0子コメント)

That is true, and not just from the stations. The agency that is actually planning a lot of these things would become cheaper too. For anyone thinking that they don't have an agency because there is a marketing department that doesn't exclude agencies. The meetings I've been in have had the client (in this case lottery), the creative agency, the production agency, and the buying agents. Sometimes not all of those people are involved, but it's highly unlikely that a marketing manager for a major lottery is calling TV stations to book weekly ads.

[–]frojoe27 18ポイント19ポイント  (0子コメント)

They most likely bought the ads a while ago, you don't buy them one at a time day of.

[–]cliffotn 6ポイント7ポイント  (0子コメント)

How are they paying for the ads?

With their money - like they always have. The issue isn't taking IN money, the issue is paying OUT the money.
Reminds me of Seinfeld's car reservation bit:
https://www.youtube.com/watch?v=dSZYsyrP3Co&t=18

Illinois is having a budget "crisis", and until the "crisis" is averted, state laws for some reason keep the lottery from paying out. The lottery has the money, they could have paid out per usual - but - the budget crisis got in the way.

[–]Liiiightning 16ポイント17ポイント  (0子コメント)

Nah should be fine bro, We'll just link the judge this post. Good luck haha

!remindme 30days

[–]Diesel-66 11ポイント12ポイント  (26子コメント)

They aren't legally allowed to pay without a budget

[–]_Acid 36ポイント37ポイント  (24子コメント)

Then they need to stop running the ads. Simple as that. If they're not going to pay out, don't advertise for it.

[–]jck73 18ポイント19ポイント  (10子コメント)

Oh, make no mistake: They still want you to play. It's a win-win for them since the winners get an IOU.

[–]SharpTits 5ポイント6ポイント  (2子コメント)

they should at least pay steep interest. motivate them to get a budget in place.

[–]I_am_really_shocked 7ポイント8ポイント  (0子コメント)

Charge them the same interest, fees, and penalty for not paying that the state department of revenue would charge to someone who owes the state money, increasing each month the money continues unpaid.

[–]offensivenamehere [スコア非表示]  (0子コメント)

The story doesn't mention this but it's possible that there is a rate of interest stipulated in the lottery regulations. Just because they lawyered up to get their payment right away doesn't mean the gov't is screwing them long-term, just short-term and possibly long-term.

[–]akaijiisu 8ポイント9ポイント  (6子コメント)

Those are as good as money. Those are IOU's

[–]dbrianmorgan 1ポイント2ポイント  (0子コメント)

The ads are contracted in advance, and already paid for.

[–]jlt6666 1ポイント2ポイント  (0子コメント)

That's some serious bullshit. The lottery should be self running. There are legal obligations to pay. Any proceeds should go back to the government but it shouldn't all be the same pool.

[–]damontoo [スコア非表示]  (1子コメント)

Wait.. it was anything over $25K before. Have they reduced it even further?

[–]chicofaraby 311ポイント312ポイント  (37子コメント)

I cant imagine the legal fees associated with losing the ensuing lawsuit will be less than paying the bill up front.

[–]funkmasterplex 129ポイント130ポイント  (28子コメント)

When the state can't pay its bills, who bails them out? Illinois is too big to fail.

[–]brutalhonesty45 49ポイント50ポイント  (18子コメント)

Probably no one. But a bailout, politically, is probably impossible. Congress members would essentially be committing political suicide with their voters by doing it. And with Illinois long term financial obligations, they would need to be bailed out every year.

My guess is Congress pushes an emergency bill through allowing states to declare bankruptcy.

[–]notbobby125 12ポイント13ポイント  (17子コメント)

That does make me wonder, how the hell would a state bankruptcy case work? Can state owned property be repossessed? Can the judge order the state to sell off and privatize government functions? Or will the state be allowed to default on it's debts, which would suddenly make investors wary of buying any state's debt?

[–]EchoJackal8 21ポイント22ポイント  (15子コメント)

Liquidate the state and sell it off to neighboring states.

[–]Hollywoot 12ポイント13ポイント  (11子コメント)

as a person from IL... I refuse to be from Wisconsin or Indiana... anything else is fine.

edit: not texas....just no.

[–]DocGonzo13 13ポイント14ポイント  (3子コメント)

As someone from Chicago, I think the rest of Illinois will join me in wanting cook county to be its own state.

[–]IMakeApps 5ポイント6ポイント  (1子コメント)

As long as Lake County is included as well, I'm ok with that.

[–]DocGonzo13 3ポイント4ポイント  (0子コメント)

Ideally, the collar counties would be included

[–]shixxy [スコア非表示]  (0子コメント)

I'll pass. Going from one shitshow to another doesn't sound appealing.

[–]eekcmetan [スコア非表示]  (0子コメント)

C'mon, our cheese and football team is great!

sides...the BEARS STILL SUCK! haha

love,

Wisconsinite!

[–]TwelfthCycle [スコア非表示]  (0子コメント)

Colorado got all that weed money, we'll buy it up and use it as a huge drug farm.

[–]WiseGuy1020 1ポイント2ポイント  (1子コメント)

Pretty soon it would be the United State of America.

[–]victorjds 0ポイント1ポイント  (0子コメント)

Theres debt that can't be discharged no matter what, obligations like social security and medical care that need to be kept and they have to maintain many essential services, only option is a federal bailout.

[–]Law_Student 9ポイント10ポイント  (0子コメント)

States aren't quite like individuals, the abilities to issue bonds and adjust taxation make them resistant to insolvency. It's ultimately about not wanting to pay rather than not being able to.

[–]throwaweight7 5ポイント6ポイント  (2子コメント)

If only there was some influential person from Illinois who could help. Hey I know! Derrick Rose... oh shit he's hurt.... OH wait wait, How about Oprah ?

[–]desmando 5ポイント6ポイント  (2子コメント)

Maybe the former senator from Illinois will bail them out from his stash.

[–]Stormflux [スコア非表示]  (0子コメント)

They have the money, they just can't legally pay it until the governor stops vetoing the budget. (Governor wants to force some anti-union stuff in there.)

This is 100% political.

[–]TheCoelacanth 1ポイント2ポイント  (0子コメント)

They don't need a bailout. They just need someone to smack some sense into them. They have the money to pay their bills; they just can't agree to give government employees legal authority to spend any of it.

[–]Diesel-66 6ポイント7ポイント  (3子コメント)

There won't be any legal issue. The state is legally required to have a budget before paying bills.

[–]offensivenamehere [スコア非表示]  (0子コメント)

Maybe they won't lose. I assume they have lawyers that looked into lottery regulations before they made a $288 million decision.

[–]mitre991 [スコア非表示]  (0子コメント)

Eh, they will pay it out, but they legally cannot at this moment.

[–]--fap-- 71ポイント72ポイント  (4子コメント)

The rules are definitely different for the state. If you don't agree, watch what happens if you owed the state money

[–]DronePuppet 12ポイント13ポイント  (1子コメント)

Simple, they start taking everything you own and ruining your life!

[–]Law_Student 5ポイント6ポイント  (0子コメント)

That's basically what'll happen to the states when these people sue anyway. States aren't allowed to legislate their way out of debts. The courts take a dim view of it.

[–]LizWords 154ポイント155ポイント  (60子コメント)

At least they admit that they owe them the money. In NYS there are hundreds of lotto winners who are just told 'never going to pay, you're just shit out of luck."

[–]InternetUser007 117ポイント118ポイント  (55子コメント)

The lottery: there's barely a chance you win, and even if you do, it's still a gamble whether you'll get your money.

[–]Phag-B0y 38ポイント39ポイント  (53子コメント)

The lottery: tax on the dumb and/or desperate

[–]Cualax23 13ポイント14ポイント  (1子コメント)

What has six balls and screws poor people?

[–]DamagedHells [スコア非表示]  (0子コメント)

The dragon balls when you still need one more.

[–]aox12 57ポイント58ポイント  (48子コメント)

Eh, I spend about $3 a year. Its fun on occasion if nothing else just to think about the possibilities, even if I know i'm basically just throwing away that $3. If $3 a year breaks me, I've got bigger problems to worry about.

That's not to say there aren't people with serious problems, but if you give an idiot money does it really matter how they waste it? Its going to be gone one way or another.

[–]InternetUser007 56ポイント57ポイント  (46子コメント)

The problem isn't with people spending <$20/year on lotto tickets imagining their future. It's the people making $10k/year who, on average, spend $600/year, or 6% of their income, on lotto tickets.

When those people are getting food stamps or government handouts, yeah, it matters how they spend their money.

[–]MrJomoSiring 54ポイント55ポイント  (0子コメント)

You live in poverty long enough and even the dumbest idea that might get you out seems good.

[–]Yankz 8ポイント9ポイント  (3子コメント)

That's why they say these programs should be eliminated, gambling is frowned upon because it is inherently a system that preys on the most vulnerable.

[–]Mahoney2 3ポイント4ポイント  (1子コメント)

And they make bullshit ads about how it funds education and other programs when really it just goes into the pool of money and the state changes budgeting whenever they want. Complete exploitation at every level.

[–]The_OtherDouche [スコア非表示]  (0子コメント)

In my state at least by education they mean a scholarship which pretty easy to get. I got like $4,000 a year for 4 years

[–]copycat 2ポイント3ポイント  (0子コメント)

Powerball is social control. Think of how many who probably believe if they do good they will earn enough karma to win the lottery. Also no matter how bad things look there is always that chance which gives them enough hope to keep doing their shit job. The lottery is literally the representation of heaven on earth for people.

[–]aox12 15ポイント16ポイント  (25子コメント)

Daddy, tell me the story about the welfare queens again!

[–]zeimcgei 3ポイント4ポイント  (24子コメント)

I live in Detroit. Twice a week I'll have men and women standing outside the market trying to sell me their EBT(food stamps) at half the price.

[–]Law_Student 10ポイント11ポイント  (4子コメント)

You know there are many things that people need that EBT can't be used for, right? People can feel compelled to do this sort of thing because they need money for medicine, bus fare, simple household needs like lightbulbs or soap, rent, utilities, etc.

[–]copycat 4ポイント5ポイント  (3子コメント)

Alcohol, cigarettes, crack, meth, weed, tattoos are pretty high up on that list.

[–]Capatillar [スコア非表示]  (2子コメント)

tattoos

And then what? Are we gonna let them put a billiards table in the church hall? A juke box at the soda fountain?! Lord help me, think of the children!

[–]aox12 21ポイント22ポイント  (18子コメント)

Yay anecdotes from the shittiest city in the country!

Now tell me about the many families who are on welfare briefly which helped them keep their house and their kid from starving while they were down on their luck. Oh, that doesn't tickle your self righteous boner?

Meanwhile, back in numbers land- http://www.cbpp.org/research/policy-basics-where-do-our-federal-tax-dollars-go

Safety net programs make up 11% of federal spending. On top of already being a very small percentage, they are counting child tax credits and earned income credits as safety net programs, which means the non-tax credit spending is waaay smaller. On top of that:

"Such programs keep millions of people out of poverty each year. A CBPP analysis using Census' Supplemental Poverty Measure shows that government safety net programs kept some 39 million people out of poverty in calendar year 2013. Without any government income assistance, either from safety net programs or other income supports like Social Security, the poverty rate would have been 28.1 percent in 2013, nearly double the actual 15.5 percent."

In summary, please call me when you have 39 million people standing outside the market selling their EBT and we can renegotiate terms.

[–]Aenal_Spore 17ポイント18ポイント  (0子コメント)

my ex's single mother household on welfare, grew up eating government cheese, now she and her two siblings are doctors.

that's a good story

[–]rob7373 4ポイント5ポイント  (0子コメント)

I can see the logic though. If you can spend that $600 a year on food + bills, you still have fuck all, just slightly more than the fuck all you had before.

Spend that $600 on lotto tickets and you have a practically non-existent but still slightly >0 chance of winning and ending up with more than fuck all.

Option 1 keeps you in poverty (just slightly less poverty), option 2 gives you a very slight chance out. I can see why someone very desperate/poor might take that chance. But yeah, it's still incredibly stupid.

[–]kodemage 2ポイント3ポイント  (10子コメント)

That just goes to show how desperate the poor really are and how inadequate our social services are.

[–]DingusMacLeod 1ポイント2ポイント  (2子コメント)

I used to work near a White Hen on Taylor St. in Chicago. There would be a line out the door of folks who lived in the section 8 housing down the street buying their daily lotto tickets. They couldn't pay full rent like everyone else, but they could spend $20 on the lotto every day.

Edit: a word.

[–]P15T0L_WH1PP3D [スコア非表示]  (1子コメント)

What has seven balls and rapes poor people? The lottery!

[–]Rvngizswt [スコア非表示]  (0子コメント)

It's the lottery's fault people are careless with their money? Makes sense.

[–]aaaaaaaarrrrrgh 17ポイント18ポイント  (2子コメント)

In NYS there are hundreds of lotto winners who are just told 'never going to pay, you're just shit out of luck."

WTF? Do you have a link to the background?

[–]tobsn [スコア非表示]  (0子コメント)

yeah if that's true that's hilarious - isn't that essentially fraud - like really evil people would go to jail for a long time mass fraud?

[–]Law_Student 15ポイント16ポイント  (0子コメント)

States aren't actually permitted to just up and default on debts, even if they pass legislation 'permitting' them to do so. Anyone in this situation just needs to sue, ultimately, and courts will force the issue. It's well established law, courts take a very dim view of legislatures that try this sort of nonsense.

[–]crushcastles23 23ポイント24ポイント  (0子コメント)

That's a class action lawsuit waiting to happen if I've ever seen one.

[–]jpe77 241ポイント242ポイント  (63子コメント)

It's like the gvt shutdown: gvt officials can't sign checks when they don't have legal authority to do so.

Stop electing idiots, IL, and this won't be a problem.

[–]Law_Student 39ポイント40ポイント  (6子コメント)

States aren't allowed to pass laws that alter contracts and obligations they've already undertaken. To put it another way the authority to sign those checks was given when the lottery program was put in place. Refusing to pay now just places the State in default of a debt that these individuals can and really should sue to get paid.

It really irks me just how many legislators are legally ignorant. It's like they think that anything they care to pass is a law just because they passed it. There's a whole world of stuff that legislatures aren't allowed to do because the constitutional grants of power that established them didn't make them omnipotent.

[–]BaPef [スコア非表示]  (0子コメント)

In this case it's the idiot at the head of the table that vetoed the budget because it didn't include a bunch of anti union riders.

[–]jackals4 [スコア非表示]  (0子コメント)

No, this is worse. We still paid federal FY 13 obligations during the FY 14 shutdown -- all the shutdown did was minimize the amount of obligations incurred during FY 14 because there was no authorization or appropriation bill for FY 14 funding.

Illinois is doing something entirely different by effectively breaching contract on obligations it already incurred, which is why they are being sued.

[–]nlicious [スコア非表示]  (0子コメント)

It is completely amateur to blame the problem on your fellow brethren who didn't have a choice in the matter of a state being mismanaged into the ground. Whether or not people voted for particular individuals does not negate the mismanagement that the current legislature of Illinois is responsible and guilty for.

Blame those in the legislature and call for their ousting and a criminal investigation into what they did with all that taxpayer money vs calling out innocent folk who paid those taxes.

[–]saurkor 60ポイント61ポイント  (39子コメント)

This doesnt make any sense because the money is already there. This is really disgusting.

[–]cavus-manus 44ポイント45ポイント  (10子コメント)

Yea, I mean, aren't all the lottery winnings directly from the lottery itself? I'm confused how they can claim they can't afford it.

[–]texx77 41ポイント42ポイント  (9子コメント)

They aren't claiming that. The article doesn't really make clear but they legally cannot pay the winners without a state budget in place. They have the money, they just can't.

[–]cavus-manus 10ポイント11ポイント  (0子コメント)

Ahh, gotcha. Still quite ludicrous, though. Let's not even get into the fact that most states make gambling illegal, but they run their own just fine.

[–]mitre991 [スコア非表示]  (1子コメント)

That's a bit ridiculous, they shouldn't be running the lottery if they can't payout.

[–]Cock_unblocker [スコア非表示]  (0子コメント)

They usually can they just need to clear a budget, without that no one person has the authority to pay out.

[–]FedEx_Potatoes 9ポイント10ポイント  (4子コメント)

They can pay out. They're just not allowed too until a budget it passed. Like when the government shutdown in 2013 happened and they weren't allowed to pay the 800,000 federal employees until a budget was passed as well.

Edit: Typo

[–]QuestionsEverythang 3ポイント4ポイント  (3子コメント)

If that's the case, then I don't see what the problem is. If all you have to do is wait for the state govt. to pass a budget, then the lotto winners should just wait.

[–]cyclicamp [スコア非表示]  (1子コメント)

That's ultimately what they're going to do, but of course it still sucks and is worth complaining about. And the situation won't stop attorneys like the one in this article from offering their services to rile up the public and help you (for just a small fee...) sue for the money you were eventually going to get anyway.

[–]FedEx_Potatoes [スコア非表示]  (0子コメント)

This lotto thing is actually old news. Ever since I saw redditors point out the constant Illinois murder reports in /news as being politically driven, these reports started cropping up more often now in it's place. It's weird.

[–]sp0rk_walker 47ポイント48ポイント  (10子コメント)

I know this makes better headlines, but Illinois also can't make its Nov 1st $560 million pension payment and that's going to create huge problems for many more people.

[–]POGtastic 6ポイント7ポイント  (0子コメント)

That's what happens when you tell the actuaries to fuck off for political expediency. It's not like this analysis is new science; they've been accurately predicting pension obligations for more than a hundred years.

"Gee, you mean we actually have to put money into this fund to keep it afloat? Eh, whatever, it'll be a problem 20 years from now, not my issue. Let's put that money somewhere else."

(c. f. Social Security)

[–]0Fsgivin 27ポイント28ポイント  (8子コメント)

yah and this is actually a far greater crime.

Worker:"Hey I worked for the state for 30+ years."

Illinois: "To bad eat shit and die why are you even still alive if your not working?"

I'm 32 I don't plan on getting any kind of pension or social security none of that shits gunna be around for my generation. We will work till we die. If sea level rises and global temps dont create massive homelessness and crop loss leading to famine ill actually consider us lucky.

[–]seridos [スコア非表示]  (0子コメント)

I'm a teacher and I have to pay 11.5 is percent of my salary into the pension, for 40 years, I really have to hope I'll get that. Likely will get some reduced to 70% benefits garbage that will be worse than if I just invested it.

[–]sp0rk_walker 19ポイント20ポイント  (2子コメント)

I'm about 10 years older than you, and I've been told repeatedly that social security is "broke" and won't be around for my retirement, but its bullshit. They think by saying that enough, we will just accept it. SS comes from its own independent funding separate (for now) from the gov't budget. Vote for guys like Sanders that want to keep it fully funded, and you WILL have it in your retirement.

[–]jlt6666 3ポイント4ポイント  (1子コメント)

It comes from its own funding but it goes to the same damned pool as your taxes.

[–]trjones1 4ポイント5ポイント  (0子コメント)

There are some very simple fixes that would make Social Security solvent indefinitely. Pensions, on the other hand, seem to be fair game whenever some extra money is needed. My job supposedly has a pension program. Even if I stayed long enough to qualify, I wouldn't expect to get that money.

[–]janitor53 2ポイント3ポイント  (0子コメント)

who brought the sunshine bear?

[–]Decyde [スコア非表示]  (0子コメント)

It's a bit worse for some people. I know a guy who has a pension and makes so much money a month from social security and that and still thinks my generation is "entitled" and what is going to kill social security.

[–]AnnArchist [スコア非表示]  (0子コメント)

State workers should not have pensions anyway...

[–]duxaosm 9ポイント10ポイント  (2子コメント)

Its so ironic and hypocritical because the Illinois gaming board wants the AG to rule that daily fantasy sports, draftkings/fanduel, are illegal, when the people who win pay taxes on all their winnings. They want to turn down taxpayer dollars when they cant even get their own shit sorted out. Illinois stanks.

[–]goomyman 1ポイント2ポイント  (1子コメント)

Those are basically online gambling sites which are illegal because they compete with state rum gambling of course but also more legit because you can't monitor fraud on a website.

I'm surprised those qbids sites are illegal yet.

[–]Canuck_dude 8ポイント9ポイント  (0子コメント)

But these lottery winnings are not coming out of any budget. People buy lottery tickets and a portion of the proceeds go to pay the winners. This really is just criminal behavior.

[–]theHangedGod 15ポイント16ポイント  (0子コメント)

Just give Illinois an IOU on your state taxes.

[–]vanishing_point 6ポイント7ポイント  (0子コメント)

Even the Mob pays out on the numbers games.

[–]k_ironheart 5ポイント6ポイント  (0子コメント)

"When we designed these games, we didn't actually think people would win."

[–]Blahface50 3ポイント4ポイント  (0子コメント)

It is so stupid how the budget is done. Instead of having to approve a single budget, different factions should come up with their own budget. Each representative should rank each budget and a Condorcet method should be used to elect which budget gets implemented.

The Condorcet method would ensure it is the most agreeable budget possible.

[–]ITiswhatITisforthis 3ポイント4ポイント  (0子コメント)

The integrity of the Illinois lottery is now shit. What slices my ballsack is the fact that the lottery is STILL selling their bullshit ass tickets.

[–]PinchmeImfalling 14ポイント15ポイント  (2子コメント)

Governor Hedge Fund could pay this out of his wine and cheese account.

[–]yzlautum 2ポイント3ポイント  (1子コメント)

What about his Lamborghini account?

[–]adirtygerman 2ポイント3ポイント  (0子コメント)

Relax guys it's just illinois being illinois.

[–]evil_user 2ポイント3ポイント  (0子コメント)

This just brought a whole new meaning to the lottery being a tax on stupidity.

[–]zxcsd 2ポイント3ポイント  (0子コメント)

They can pay in land can't they?

[–]addsomesugar 2ポイント3ポイント  (0子コメント)

I'm starting a campaign:

  • Everyone send me $20 cash and I'll send you $100 cash back. Totally legit. You can trust me. I promise.

[–]StrawberryK [スコア非表示]  (0子コメント)

Live in illinoi currently paying about 27% of my check to taxes, yup seems legit.

[–]cd411 18ポイント19ポイント  (3子コメント)

We need that money for tax cuts for the wealthy!

[–]Javin007 18ポイント19ポイント  (0子コメント)

This didn't go to tax cuts. That's where your education funds went to. This went to perks.

[–]outrider567 5ポイント6ポイント  (1子コメント)

Illinois is such a messed up state its not funny

[–]TheJigIsUp 1ポイント2ポイント  (0子コメント)

People are leaving in droves. More are leaving than are coming in / being born is what I've read. Everyone's jumping ship.

[–]jmd_forest 1ポイント2ポイント  (0子コメント)

This is the main reason that if I ever win big on the lottery I will never take the annuity. I expect the state to try and figure out some way to scam me out of the winnings. If I take the lump sum it will be tougher for them to steal it back.

[–]vzzzbux 1ポイント2ポイント  (0子コメント)

Is this a good argument for privatisation?

e.g. in the UK, our national lottery is run entirely by a private company as a monopoly, with oversight from the government.

They have no problems paying out regardless of the financial whims of the state, in fact it's quite the reverse as they are required to hand out lots of income (and any unclaimed winnings after a long period) to "good causes" as well as what they are obligated to pay to winners

[–]nowrongwrong 0ポイント1ポイント  (0子コメント)

I think the people put in charge of this program just have no fucking clue how to run a lottery.

Lottery winnings are supposed to be paid by interest on investment of the principle. Lotto earnings go to add to the principle, lotto winnings are paid out of the interest earned. That's why they always were paid in monthly installments.

Put $25million in at 5% and that produces about $100K in interest every month, allowing you to give away several million-dollar prizes that are paid as monthly installments. Lump sum winnings are essentially getting a loan to pay the full amount and deducting the interest from that loan off the winning amount.

But either way, nobody should be touching the principle. It should only be growing, allowing the interest to fund whatever programs the lotto ostensibly supports as well as paying all the winner's obligations.

[–]harsh_day 2ポイント3ポイント  (0子コメント)

Another reason to hate Illinois.

[–]DronePuppet 3ポイント4ポイント  (1子コメント)

Government running a ponzi scheme! Thats all it is.

[–]trjones1 5ポイント6ポイント  (0子コメント)

Not a Ponzi scheme, just garden variety fraud. They should stop selling lottery tickets until they can meet their stated payment schedule. Maybe that will get the legislators in the state to get off their asses.

[–]thesweetestpunch 1ポイント2ポイント  (1子コメント)

ITT: people who don't get that the state HAS the money, it just lacks the authority to disburse it due to gridlock and brinksmanship.

[–]Spokebender 0ポイント1ポイント  (0子コメント)

Keep your dirty facts out of this circlejerk there mister!

[–]Loughla 1ポイント2ポイント  (2子コメント)

Larger problem: education is unfunded right now by the state.

So. That's worse.

[–]bkonstans1 [スコア非表示]  (1子コメント)

Yup. I teach in a poor school district in Central IL. The state hasn't given us our full funding for a VERY long time.

[–]badp4nd4 0ポイント1ポイント  (0子コメント)

This is horse shit, it's my understanding the that state does not take money out of the prize pool and instead relies on the taxes.

[–]hivemind_downvote 0ポイント1ポイント  (0子コメント)

Only families are outraged? Everyone else totally cool with it, or are they just not clickbaity enough to be worth mentioning?

[–]SCIENCE_BE_PRAISED 1ポイント2ポイント  (0子コメント)

Is it me or do all of the these people look obese.

[–]corbink15 0ポイント1ポイント  (0子コメント)

Step dad hit 1000 dollars on a 5 dollar ticket and can't cash it because of this

[–]SharMarali 0ポイント1ポイント  (0子コメント)

Hypothetically, let's say they resolve the situation and pay everyone in a couple of months. That's a whole lot of interest the state got to collect on letting almost $300 million sit around for awhile. I would be extremely shocked if they paid the winners any sort of interest or penalties. Seems to me like another way the state gets to make a buck.

[–]anonoman925 [スコア非表示]  (0子コメント)

Did Illinois break contract? They should sell assets to make up the shortfall.

[–]l0gan0 [スコア非表示]  (0子コメント)

Yet they can afford to give Con Agra $300M in tax incentive to relocate their HQ to Chicago.

[–]Zer0megAlpha [スコア非表示]  (0子コメント)

This is because a budget plan hasn't been decided on. As far as I know, Illinois isn't anywhere near bankruptcy.

[–]Raidicus [スコア非表示]  (1子コメント)

They should charge interest on the money they are now loaning the state

[–]chtrace [スコア非表示]  (0子コメント)

Yes, tell them there seems to be information that they are not paying their obligations when they are due, so must pay a higher interest rate of about 18%!

[–]karmatiger [スコア非表示]  (0子コメント)

"Oh, it's your current policy? Fuck you, pay me. Oh, you have a budget crisis? Fuck you, pay me."

How hard is it to take the money collected from ticket sales and put it in an interest bearing account, pay out winnings from it, and only spend the surplus on other government expenses?

[–]cool_hand_luke [スコア非表示]  (0子コメント)

That lawsuit is going to be very quick.

[–]MrRuby [スコア非表示]  (0子コメント)

Maybe people will wise up and stop playing the lottery.

[–]Fiiyasko [スコア非表示]  (1子コメント)

How was this even allowed to happen? There shouldn't be any kind of issue paying the funds out unless some Jackasses thought it'd be a bright idea to not have to save a pool of funds to pay the winner- Or have been siphoning and spending the lottery winnings pool

It's a simple as putting ~30% of $1 of the ticket into the winnings pool, 35% to the company, and 35% to the gov.

Fucking hell that is corrupt "we can't pay because were having a budget issue" Your buget issue shouldn't and likely doesn't affect the lottery winnings pool created from ticket sales.

I can't wait until lotteries run on btc or a blockchain style tech so that we can SEE the prize pool and see the actual odds.

[–]nophoney [スコア非表示]  (0子コメント)

  1. What are the Illinois State taxes on winning $288 million?

  2. This is why you always take the lump sum.

[–]pewpevv [スコア非表示]  (0子コメント)

What I don't understand is, lottery winnings are funded UP FRONT by ticket purchases. This isn't like social security where an imbalance results in an inability to pay.

[–]Dubzstepz [スコア非表示]  (0子コメント)

Illinois -most corrupt state in the US

[–]BebopRocksteady82 [スコア非表示]  (0子コメント)

The is retarded, if the lottery doesn't pay up then no one will play, if no one plays the state wont make any money. How can Illinois not understand this ?

[–]imgonnacallyouretard [スコア非表示]  (0子コメント)

This is so weird, because it's not like they can claim they don't have the money. They literally get the money every week from people who play the lottery.