Ten Companies Interested in Privatizing IN Lottery


Indiana may be one step closer to privatizing the lottery.

Governor Daniels wants to lease the Hoosier Lottery for 30 years.

In exchange, a private company would give the state an upfront payment of at least $1 billion dollars.

State Budget Director Chuck Schalliol says at least 10 private companies are interested in the Governor's plan.

The lottery privatization bill is currently before the Senate.

And another one of the Governor's plans has just passed a 100 million dollars in interest.

The interest from the $3.8 billion major moves plan has brought in about $106 million since July.

It is bringing in about a half million dollars to the state every day.

The state has already spent about $17 million to shield drivers from a toll increase.


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