24-Jan-07. Betting the farm on the lottery. National Post, FP7.

The state of Illinois this week took the first steps in selling its state lottery system, hoping to attract as much as $10-billion from investors. Under the proposed sale, Illinois would receive a multi-billion dollar one-time payment, and the new owners of the lottery would receive all revenue and profit for 76 years. The lottery collected revenue of about US $2-billion and profits of around US $630-million last year.