Question of the day
Monday, Jul 29, 2024 - Posted by Rich Miller
* WGN…
The Illinois lottery, celebrating its 50th anniversary this month, has enduring appeal for one reason, if you ask longtime host of the live drawing, Linda Kollmeyer: “Dreams do come true with the Illinois lottery.” […]
The first Illinois Lottery drawing happened on July 1, 1974.
The first drawing on WGN was in 1975 – with Ray Rayner hosting, standing with former governor Dan Walker.
That first year, the lottery sold 100 million tickets – garnering nearly $130 million in sales. […]
Profits initially went to the state’s general fund. But in 1985, state lawmakers decided those profits should be specifically set aside for education.
Today the Illinois Lottery generates $3 billion a year, nearly a third of which goes to the Illinois common school fund.
* The Question: How often do you buy Lottery tickets? Also, let us know how you’ve fared over the years.
- very old soil - Monday, Jul 29, 24 @ 11:34 am:
I have purchased exactly one ticket in the last 50 years. I didn’t win.
- TJ - Monday, Jul 29, 24 @ 11:35 am:
Almost never, except for scratchers as stocking stuffers for Christmas.
My wife buys whenever the draw gets high enough.
- Proud Papa Bear - Monday, Jul 29, 24 @ 11:36 am:
I bought a few when I turned 18 just because I could (didn’t win). Haven’t bought any more in 31 years.
- Homebody - Monday, Jul 29, 24 @ 11:38 am:
I will buy 10 bucks worth of Mega Millions or Power Ball tickets once the lump sum after tax payment is over 100 or 150 million or so. I know they are negative ROI, but I’m paying for the chance to fantasize for a day.
Honestly your ROI is better playing basically any casino game or the bar slots, but I’d much rather have the one in a bajillion chance of life changing money. Makes for better fantasies.
- Three Dimensional Checkers - Monday, Jul 29, 24 @ 11:38 am:
I buy for fun and out of FOMO when you see the big jackpots in the news. Obviously, I have not faired well. Like so many things, the lottery is a harmless vice when done in moderation, but can be a problem if you abuse it.
- Retired SURS Employee - Monday, Jul 29, 24 @ 11:38 am:
Every few months when the jackpots are in excess of $500,000,000.
So far we have won less than $50 total.
- HarveyGuy - Monday, Jul 29, 24 @ 11:38 am:
Can someone tell Mayor Johnson to ask the lottery for the money he’s owed?
- Ex Journo - Monday, Jul 29, 24 @ 11:49 am:
Every now and then I’ll buy some fast play tickets on the IL lottery app - highest jackpot I’ve won is $100.
- no relation - Monday, Jul 29, 24 @ 11:52 am:
I have purchased none with money out of my wallet. I have received tickets for presents before and have won five dollars or less a few times. When I cash them in I just got more tickets and never won. My wife once won $50.00 off of a present gift.
- Annonin' - Monday, Jul 29, 24 @ 11:54 am:
we were on a pace that saw weekly purchases. About $20 a week — scratchers, those instants that come out of the vending machines. More when the weekly games got to a billion. On a 2 month respite to pile up cash for betting on buggies at the Fair.
Winnings have been mixed. Video poker more dependable.
- Grandson of Man - Monday, Jul 29, 24 @ 12:02 pm:
Only buy them when jackpots are massive, and only had tiny winnings.
- Oldtimer - Monday, Jul 29, 24 @ 12:04 pm:
I buy scratch-offs for my wife and kids at Christmas
as stocking stuffers. Most tickets are worth nothing or the wins are limited to $1 or $2. My wife once won $100, and one of the kids won $40.
- Cool Papa Bell - Monday, Jul 29, 24 @ 12:13 pm:
No more than $5 a month. I might break even over the year.
- Aaron B - Monday, Jul 29, 24 @ 12:15 pm:
I’ll purchase a scratcher once in a while and a couple tickets whenever the jackpot gets to be really high but I am far from a regular purchaser. I’ll also join in a lottery pool at work but we only do those when the jackpot is huge.
- Count Floyd - Monday, Jul 29, 24 @ 12:16 pm:
50 years of preying on the gambling habits of those least able to afford it. Add up all that money blown and what could it have been generating in savings accounts, index funds or 529 plans. I think its shameful.
- Just Me 2 - Monday, Jul 29, 24 @ 12:39 pm:
I get a dollar scratch off every time I go to the grocery store. I’d say it is just under breaking even after all these years. I make a big show out of playing it and everyone in the house rolls their eyes.
- JS Mill - Monday, Jul 29, 24 @ 12:40 pm:
Maybe 5-10 times a year on the high end when the jackpot is over $100 million. Never won more than $10.
- Lurker - Monday, Jul 29, 24 @ 12:53 pm:
I worked at a liquor store in college that made more money on lotto than on liquor, and I hear it is now doing the same with gambling.
I determined that the Illinois Lottery is a cruel tax on the poor and the desperate.
It was just my experience but from it, I am not a fan and obviously never bought a ticket.
- Nagidam - Monday, Jul 29, 24 @ 12:57 pm:
When the games are over 500 million, I will buy one ticket. One dollar to dream about what you could do with that type of money.
- JoanP - Monday, Jul 29, 24 @ 12:57 pm:
I bought one once when the jackpot was a few hundred million. Won a few bucks.
- BobIsMyUncle - Monday, Jul 29, 24 @ 12:59 pm:
“been generating in savings accounts”
And quit eating avocado on your toast so you can afford to buy a house.