Jer Posted October 15, 2015 Posted October 15, 2015 Illinois state lotto has been run fradulantly and is giving out IOUs instead of paying winners. Article notes that illegal lotteries were popular even back when the state paid its winners because the state gives worse odds. https://reason.com/blog/2015/10/15/illinois-lottery-now-paying-ious-on-wins Another reminder for our statist friends that monopolies don't magically become virtuous and efficient when run by the state. 1
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