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He won the lottery, but got an IOU instead

The State of Illinois 'pulled a Varoufakis' on him...

Newsroom September 1 03:09

The story happened on the other side of the pond, but its indirect relevance with cash-strapped Greece is noteworthy. Danny Chasteen was the ‘unlucky’ man to win the lottery in the State of Illinois. You read correctly, he was unlucky because the state of Illinois is bust and instead of paying the man and his girlfriend who had bought the winning ticket his $250,000, he was given IOU (does it remind you of anything…?). The legislators of the state have not passed a budget yet, as there is no cash…According to George Mason University, Illinois is placed 50th, out of 50 states and Puerto Rico in the US in terms of fiscal health.

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