Powerball, Mega Millions to drop Illinois due to state’s budget crisis

[muwarrior69]

http://chicago.suntimes.com/news/powerball-mega-millions-to-drop-illinois-due-to-states-budget-crisis/

[Pakuni]

One less way for the poor to be duped out of their meager incomes.

[PBRme]

+1

Probably adds several million to Indiana and Wisconsin collections

[B. McBannerson]

One less way for the poor to be duped out of their meager incomes.

Would accomplish that much better by banning Ng alcohol and cigarette sales.

[jutaw22mu]

Crap!  I'm moving to Illinois at the end of July. How bad is the budget crisis? 

[GooooMarquette]

Crap!  I'm moving to Illinois at the end of July. How bad is the budget crisis?

From an article in Bloomberg:

"We are probably approaching that point of impaired ability to function at basic level," said John Humphrey, the Chicago-based head of credit research for Gurtin Municipal Bond Management, which oversees about $10.1 billion of state and local debt and has steered clear of Illinois. "We've already probably passed that point. We haven't seen this in a modern state before."

https://www.bloomberg.com/politics/articles/2017-05-31/illinois-budget-crisis-is-about-to-get-even-harder-to-resolve

Their state bonds are rated as just marginally more secure than junk bonds....

[warriorchick]

Crap!  I'm moving to Illinois at the end of July. How bad is the budget crisis?

We told you before to move to Wisconsin and commute to Illinois.

[jesmu84]

Would accomplish that much better by banning Ng alcohol and cigarette sales.

Alcohol and cigarettes "dupe" people out of their money?

Rich people don't drink?

[Pakuni]

Would accomplish that much better by banning Ng alcohol and cigarette sales.

But then how would you, Chico's and Hoopaloop host a beer summit?

[jutaw22mu]

We told you before to move to Wisconsin and commute to Illinois.

I'm not buying a house yet. Going to rent for a year beforehand.  When I buy a house it will certainly be in WI!