Mega Millions and Powerball are going to ditch Illinois if lawmakers can't pass a budget

Residents of Illinois might soon have to take a drive out of the state in order to play the popular lottery games Mega Millions and Powerball.

The Multi-State Loterry Association said in internal Illinois Lottery communications that if the state does not pass a budget agreement, it will be dropped from the games by the end of June, says the Chicago Sun-Times.

Illinois Lottery spokesman Jason Schaumburg confirmed to the Sun-Times that the games would be dropped from Illinois’ offerings without the passing of a new state budget.

Schaumberg said it is “another example of why the General Assembly needs to deliver a balanced budget to the governor.”

The decision comes at a time when Illinois is facing a serious budget crisis with a backlog of $US14 billion in unpaid bills.

The state legislature recently missed its deadline to pass a budget during the spring session, sending budget negotiations into June for the second straight year. Last year, Illinois lawmakers opted for a short-term funding plan to keep schools open.

Following this year’s failed attempt to pass a budget, the state’s credit rating was downgraded by both S&P and Moody’s.

In a press release, Moody’s said it lowered the rating on Illinois’ general obligation bonds “amid a prolonged political impasse that has prevented progress on a growing pension deficit and an increasing backlog of unpaid bills.”

NOW WATCH: An economist explains the key issues that Trump needs to address to boost the economy

NOW WATCH: Money & Markets videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at research.businessinsider.com.au.