D.C. Considers Privatizing the Lottery
Source: WTOP News Radio, Jan 31st, 2007
A controversial new way for local governments to raise money has found its way to our area. The District is weighing a plan to privatize its lottery.
Under the new plan, a private firm would take over the District's lottery for the next 20 years or more, in exchange for a huge lump sum payment up front.