Cashing Out: States Consider Privatizing Lottery

Illinois and Indiana are moving to sell their lotteries to private operators who may be willing to pay billions to run the gambling monopolies. In Illinois, the governor says the state could get more than $10 billion — which he says would dramatically boost funding for schools and new school buildings.

But critics complain that the state would be losing more than $600 million a year in lottery profits. They worry that selling government assets such as toll ways, airports for a one-time infusions of cash is short-changing taxpayers.

Comments

 

Please keep your community civil. All comments must follow the NPR.org Community rules and terms of use, and will be moderated prior to posting. NPR reserves the right to use the comments we receive, in whole or in part, and to use the commenter's name and location, in any medium. See also the Terms of Use, Privacy Policy and Community FAQ.