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The Illinois Lottery is a gamble; pay a few bucks, and anyone's got a chance to win millions. Unlike the privatization of toll roads and parking meters that Chicagoland has seen in recent years, the state wouldn't completely relinquish control of the lottery. The state estimates that the total value of goods and services to be managed over the 10 year period is worth about $1 billion, the Times reports. But Pantagraph also reports that the lottery had its lowest-ever profit margin last year, with only 30 percent of ticket sales coming in as profit. Meanwhile, the move is sure to rekindle a debate about the merits of privatization that has raged for decades. Supporters of the moves, including Mayor Daley, say privatization is a good way to raise much-needed revenue in tough economic times. Susan Hofer, spokeswoman for the Illinois Department of Revenue, stresses that the move does not mean the lottery will be privatized. She also added that the change in management was directed by the General Assembly to generate additional revenues for the capital improvement programs enacted last year, including the Common School Fund and to pay for capital projects such as road and bridge construction and repairs.
The Illinois State Lottery was formed way back in 1974 and is run by the Illinois government.
Illinoisa€™ premier lottery the Illinois Lotto is drawn 3 time per week on Mondays, Wednesdays and Saturdays at 21.22 local time. February 1983 saw the very first draw of the Illinois Lotto, 9 years after the State Lottery was first formed. The Lotto matrix has been changed at various times over the years which we will write about in a bit more detail below. There are other cash prizes to be won too, if you match either 5 of the numbers drawn, 4 numbers or even just 3. You must be 18 years of age to be eligible to purchase a ticket for any of the Ill Lottery games including the Illinois Lotto. The very first Illinois Lottery tickets went on sale in July 1974 and the first draw took place in August that year. August 1990 saw the Illinois Lotto expanded to twice-weekly drawings which were held on both Wednesdays and Saturdays.


The overall odds of you winning any prize in the Illinois Lotto are a very reasonable 1 in just 32.
The IL Lotterya€™s very first million dollar lottery winner was a lady called Irene Halley who struck lucky in October 1974. For prizes worth up to $600, you can collect your Illinois Lottery winnings in cash from any lottery retailer. If you play lottery online however, you need not be concerened with any of the above information as you accredited lottery ticket sales company - such as TheLotter - will take care of all these details for you.
Illinois Lottery Official Site - With Illinois Lottery, Anything's Possible with games like Mega Millions, Powerball, Lotto and Lucky Day Lotto.
A group of Illinois lottery winners who thought their lives had changed after hitting big jackpots are not feeling too lucky right now. More than two dozen winners since July 1 have gotten IOUs instead of cash because the state lottery commission has announced that it won't make the payments until lawmakers pass a state budget. Anything smaller than that sum will still be paid at lottery claim centers around the state, but some of the big winners have expressed their outrage by joining a federal lawsuit against the Illinois Lottery.
Rhonda Rasche won $50,000 and wanted to take a friend and her sister on vacation after the death of their mother, but has had to put that on hold. Helen Whitfield and her family, who won $400,000, have boxes packed already for a move to Florida whenever their money finally arrives.
There has still been no movement on a new budget since the beginning of the current fiscal year on July 1. In fact, in recent years, it has become a reliable stream of revenue for the state, bringing in hundreds of millions of dollars a year.
Facing a budget crisis of epic proportions, the state is considering hiring a private manager to oversee the lottery with the goal of increasing state revenue through increased Lottery ticket sales.
Instead, it would bring in a private management firm that would earn a percentage of the lottery's revenues in exchange for finding ways to boost profits, according to the Quad-City Times. Pat Quinn's administration envision it, the deal would allow a private manager to be paid a percent of lottery profits. In Chicago, last year's fiercely controversial parking meter sale came on the heels of other privatizations, including a 99-year lease of the Chicago Skyway and a separate lease of four downtown parking garages.


But opponents argue that private companies are more willing to cut corners to save money, and -- as the meters and toll roads have already shown -- have no qualms with sharp increases in costs to the consumer. The Mega Millions consortium a€“ who administer the MEGA MILLIONS game a€“ and the Multi-State Lottery Association (MUSL) a€“ who administer the POWERBALL game a€“ have entered into an historic cross-sales agreement across the USA. Buy tickets online and find winning lottery numbers!Illinois Lottery Official Site: Buy Tickets Online and Get Winning Numbers.
From the map below, you will know that most of the visitors to this site are from United States, there are about 6,430 visitors per day. From the chart below, you will know that there are a lot of visitors to this site by searching the keyword "illinois lottery", about 131 visitors per day. The lotto limbo applies to those who have won $25,000 or more, which has to be paid by the state comptroller.
The lawsuit is calling for a halt in lottery sales until the winners with large jackpots get paid with interest.
The legislature is back in session next week as the winners remain with their dreams deferred.
And Illinois Lottery Acting Superintendent Jodie Winnett said so far this year, the lottery is on pace to increase ticket sales by more than 6 percent.
The company could increase its earnings if it grows revenues by boosting marketing, adding new games such as keno or Internet lottery sales and finding so-called "efficiencies" in operating costs. All US Lotteries that previously sold MEGA MILLIONS tickets can now ALSO sell POWERBALL tickets. There is an estimated $280 million in prize money sitting in the state coffers uncollected, according to attorney Thomas Zimmerman, who is handling the lawsuit.
This means that with effect from January 31st 2010 a€“ in addition to the existing MEGA MILLIONS a€“ USA Lottery players in Illinois will now ALSO be able to buy lottery tickets for the POWERBALL.



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