IL lotto players crossing state line amid budget impasee

"I don't see how it should affect me, I mean I really think they need to do their job and pass a budget" said Sharp.

The budget stalemate under a Republican governor and rival Democratic leadership in the legislature could enter a third year if there's no agreement by July 1. This has been the second meeting after December when the first meeting was held to get into an agreement.

The multistate lottery game organization warned earlier this month that it would pull out of IL if the state was unable to pass a budget by the end of the month.

The Powerball suspension is effective starting 9 p.m. CT on June 28, and the Mega Million suspension comes into effect on Friday, June 30, at 9:45 p.m. CT.

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Now the lawmakers will try to hammer out a budget or a deal with the state lottery during a special session so appropriations to pay the lottery agency can be made, according to WGN-TV.

It has $15 billion in unpaid bills and owes a quarter-trillion dollars to public employees. They have until Friday to strike an agreement before IL enters a third-straight year without a budget. That being said, if a budget is not passed by Friday, Wednesday could be your last chance to play Powerball in IL. "This is one of the things that not having our financial house in order (causes)". This ended up hurting the lottery, which estimates a loss in up to $71.5 million in revenue because of the delays.

As for the budget, a record backlog of $14.7 billion in unpaid bills for operations leave IL at risk of becoming a "deadbeat" state, as one official put it, and its borrowing costs will spike even higher should a deteriorating credit rating drop some more.

Rushing says that announcement alone has many customers feeling sour about their chances.

(Copyright © 2015. All Rights Reserved.)
 
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