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Rumor Mill News Reading Room, Current Archive

Illinois lottery halts payouts of over $600 over state budget deadlock

Posted By: Susoni
Date: Thursday, 15-Oct-2015 21:07:24
www.rumormill.news/30355

In Response To: Illinois to Postpone Pension Payments: “We Are out of Money Now” (Susoni)

We're broke but HEY, bring in more immigrants!

Feeling like you've hit the jackpot through the Illinois Lottery? Well, think again.

State officials announced Wednesday that winners who are due to receive more than $600 won't get their money until the state's ongoing budget impasse is resolved. Players who win up to $600 can still collect their winnings at local retailers.

In a statement, the Illinois Lottery said that its account for writing out checks to winners would be exhausted as of Thursday, and the agency does not have the legal authority to replenish its own funds. According to the Chicago Tribune, officials say the legislature must authorize the state comptroller to release the funds.

Despite the payment delay, lottery officials have continued selling tickets.

Last month, the Illinois comptroller's office announced that without a budget for the July 1 fiscal year, the agency didn't have the authority to write checks of more than $25,000 and payments would be delayed.

"Once a budget is passed in Springfield, all outstanding claims will be paid," according to the statement.

Two lottery winners have filed a federal lawsuit against the Illinois Lottery for stopping payouts of prizes above $25,000 because of the budget impasse. The lawsuit seeks to force the lottery to pay winners of more than $25,000 with 5 percent interest and asks that the lottery be barred from paying its administrative or operational costs until the winners receive their prizes. The lawsuit alleges dozens await more than $288 million in prizes.

"If I was the one selling raffle tickets and I didn't pay, I would be sued or in jail or both," Rhonda Rasche, one of the winners who filed the suit, told the Tribune in a recent interview.

Tuesday's announcement came the same day state Comptroller Leslie Munger said the budget impasse means next month's $560 million payment to Illinois' pension system will be delayed. She said retirees will still receive benefit checks as scheduled. But the impasse has led to an immediate cash shortage, altering the way her office will dole out payments to the system.

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Articles In This Thread

Illinois to Postpone Pension Payments: “We Are out of Money Now”
Susoni -- Thursday, 15-Oct-2015 21:04:12
Illinois lottery halts payouts of over $600 over state budget deadlock
Susoni -- Thursday, 15-Oct-2015 21:07:24
Reader: Illinois as well as every other State, City or municipality has millions and billions of dollars stashed away
Susoni -- Friday, 16-Oct-2015 12:27:55

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AN EXPLANATION OF THE FACTIONS