IL lotto winners may get IOUs from the state

Powerball, Mega Millions To Be Suspended In Illinois Because Of Budget Woes

"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.

If a budget is passed in Illinois, the Illinois Lottery will work with the Multi-State Lottery Association to get Powerball sales back in the state.

The Illinois state finances are in turmoil affecting the Powerball and Lottery business in the state which would ultimately lead to a suspension of them until the legislative assembly and the democratic government maintain some balance between the income and expense.

Illinois Lottery Acting Director Greg Smith in a released statement said the General Assembly "needs to approve a truly balanced budget that includes Lottery funding in order to ensure all prize payments will occur".

Officials have already said that payouts over $25,000 will be delayed. Without a budget, IL doesn't have the authority to pay out large winnings.

According to the Chicago Tribune, the IL lottery will stop selling Powerball tickets at 9 p.m. on Wednesday, June 28, and will cease the selling of Mega Millions tickets by 9:45 p.m. on Friday, June 30.

If you are a lucky victor, there will be a delay in payments for all games with winnings over $25,000. The lottery charged at the time that it lost up to $71.5 million in revenues. Mega Millions sales will stop Friday night (June 30). - At this time, the Illinois Lottery will continue to pay valid claims of $25,000 or less at any of the five Lottery Prize Centers located throughout Illinois - Chicago, Des Plaines, Fairview Heights, Rockford and Springfield.

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