Springfield, Ill.
The state of Illinois could reap up to $10 billion if it completes plans, announced this week, to sell its lottery. Democratic Gov. Rod Blagojevich wants to sell the lottery, which collected $2 billion last year and made a $630 million profit, to raise money for schools. The sale would give the state an immediate financial boost, but critics are saying it’s shortsighted to give up a steady revenue stream. Potential bidders include gaming companies and private-equity groups.
The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
-
Fit for a king: must-visit palaces around the UKThe Week Recommends Our pick of the nation’s most magnificent residences for nobles and royals
-
Is Andy Burnham making a bid to replace Keir Starmer?Today's Big Question Mayor of Manchester on manoeuvres but faces a number of obstacles before he can even run
-
Christian Brückner: why prime suspect in Madeleine McCann case can refuse Met interviewThe Explainer International letter of request rejected by 49-year-old convicted rapist as he prepares to walk free
