Simply Politics & News

[Seminole Red]

Powerball and Mega Millions are pulling out of Illinois today for the state's debt insolvency. Even worse, any lottery payout over $25,000 "will experience a delay" in payment, as Illinois can't afford to pay the winners.

From Zerohedge:

As if Illinois didn't have enough to worry about between an imminent downgrade to junk (as soon as July 1), soaring debt costs, insolvent pension funds, and roads that may soon resemble the lunar surface, today in the latest insult to a relentless series of injuries, the lottery itself, including the popular Powerball and Mega Millions, is set to dump Illinois because the state literally can't afford to payout winners.

http://redstatewatcher.com/article.asp?id=83929