Public Act 90-0346 of the 90th General Assembly
Public Act 90-0346
HB1802 Enrolled LRB9000368LDdvA
AN ACT to amend the Illinois Lottery Law by changing
Sections 15 and 27 and repealing Section 18.
Be it enacted by the People of the State of Illinois,
represented in the General Assembly:
Section 5. The Illinois Lottery Law is amended by
changing Sections 15 and 27 as follows:
(20 ILCS 1605/15) (from Ch. 120, par. 1165)
Sec. 15. No minor under 18 years of age shall buy a
lottery ticket or share. No person shall sell, distribute
samples of, or furnish a lottery ticket or share to any minor
under 18 years of age, buy a lottery ticket or share for any
minor under 18 years of age, or aid and abet in the purchase
of lottery tickets or shares by a minor under 18 years of
age. No ticket or share shall be sold to any person under
the age of 18, but this Section does not prohibit the
purchase of a ticket or share for the purpose of making a
gift by a person 18 years of age or older to any person of
any age. Any agent or employee of any agent who knowingly
sells or offers to sell a lottery ticket or share to any
person under the age of 18 shall be guilty of a Class B
misdemeanor; provided, that if any offense under this Section
is a subsequent offense, the offender shall be guilty of a
Class 4 felony.
No ticket or share shall be purchased by, and no prize
shall be paid to any of the following persons: any member of
the Board or any officer or other person employed by the
Board or by the Department; or to any spouse, child, brother,
sister or parent residing as a member of the same household
in the principal place of abode of any such persons; or any
minor under 18 years of age.
Any violation of this Section by a person other than the
purchasing minor prohibition shall be a Class B misdemeanor;
provided, that if any violation of this Section prohibition
is a subsequent violation, the offender shall be guilty of a
Class 4 felony. Notwithstanding any provision to the
contrary, a violation of this Section by a minor under 18
years of age shall be a petty offense.
(Source: P.A. 84-1128.)
(20 ILCS 1605/27) (from Ch. 120, par. 1177)
Sec. 27. (a) The State Treasurer may, with the consent
of the Director, contract with any person or corporation,
including, without limitation, a bank, banking house, trust
company or investment banking firm, to perform such financial
functions, activities or services in connection with
operation of the lottery as the State Treasurer and the
Director may prescribe.
(b) All proceeds from investments made pursuant to
contracts executed by the State Treasurer, with the consent
of the Director, to perform financial functions, activities
or services in connection with operation of the lottery,
shall be deposited and held by the State Treasurer as
ex-officio custodian thereof, separate and apart from all
public money or funds of this State in a special trust fund
outside the State treasury. Such trust fund shall be known as
the "Deferred Lottery Prize Winners Trust Fund", and shall be
administered by the Director.
The Director shall, at such times and in such amounts as
shall be necessary, prepare and send to the State Comptroller
vouchers requesting payment from the Deferred Lottery Prize
Winners Trust Fund to deferred prize winners, in a manner
that will insure the timely payment of such amounts owed.
This Act shall constitute an irrevocable appropriation of
all amounts necessary for that purpose, and the irrevocable
and continuing authority for and direction to the Director
and the State Treasurer to make the necessary payments out of
such trust fund for that purpose.
(c) Moneys invested pursuant to subsection (a) of this
Section may be invested only in bonds, notes, certificates of
indebtedness, treasury bills, or other securities
constituting direct obligations of the United States of
America and all securities or obligations the prompt payment
of principal and interest of which is guaranteed by a pledge
of the full faith and credit of the United States of America.
Interest earnings on moneys in the "Deferred Lottery Prize
Winners Trust Fund" shall remain in such fund and be used to
pay the winners of lottery prizes deferred as to payment
until such obligations are discharged. Proceeds from bonds
purchased and interest accumulated as a result of a grand
prize multi-state game ticket that goes unclaimed will be
transferred after the termination of the relevant claim
period directly from the lottery's Deferred Lottery Prize
Winners Trust Fund to each respective multi-state partner
state according to its contribution ratio.
(c-5) If a deferred lottery prize is not claimed within
the claim period established by game rule, then the
securities or other instruments purchased to fund the prize
shall be liquidated and the liquidated amount shall be
transferred to the State Lottery Fund for disposition
pursuant to Section 19 of this Act.
(c-10) The Director may use a portion of the moneys in
the Deferred Lottery Prize Winners Trust Fund to purchase
bonds to pay a lifetime prize if the prize duration exceeds
the length of available securities. If the winner of a
lifetime prize exceeds his or her life expectancy as
determined using actuarial assumptions and the securities or
moneys set aside to pay the prize have been exhausted, moneys
in the State Lottery Fund shall be used to make payments to
the winner for the duration of the winner's life.
(c-15) From time to time, the Director may request that
the State Comptroller transfer any excess moneys in the
Deferred Lottery Prize Winners Trust Fund to the Lottery
Fund.
(d) This amendatory Act of 1985 shall be construed
liberally to effect the purposes of the Illinois Lottery Law.
(Source: P.A. 88-676, eff. 12-14-94; 89-466, eff. 6-13-96.)
(20 ILCS 1605/18 rep.)
Section 10. The Illinois Lottery Law is amended by
repealing Section 18.
Section 99. Effective date. This Act takes effect upon
becoming law.