Typically, I don’t play state lotteries. The odds are astronomical.
The only exception is when the potential winnings reach the $100 million-plus range, and I happen to be passing through some small town in a remote area at the time. My reasoning is that the winning tickets always tend be purchased from a gas station in East Bejesus, so my approach at least gives me a reasonable chance of getting the lucky numbers.
Of course, I’ve never won the handful of times I’ve tried this technique.
But what if you did win — and then instead of getting cash, you just got an IOU? That’s the unfortunate reality for some poor schmoes in Illinois. They won $250,000 in the Illinois Lottery, but because Illinois doesn’t have a budget, state officials can’t cut them a check in the amount of their winnings — so they get a crappy IOU instead. And with Illinois’ crippling budget problems, I wouldn’t be supremely confident about getting a prompt payout on those IOUs, either.
No word yet on whether the “lucky” winners bought their ticket in East Bejesus.