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Gov. Corbett says benefit of lottery privatization, ensuring revenue for older Pennsylvanians

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Privatizing the PA Lottery is a big topic on the Governor's mind.

Negotiations are in the works to have a British Company take over management of the lottery. 

CBS 21 sat down with the Governor on Monday, and asked him why do this now? What would the benefit be? And his answer was to ensure there is enough revenue to help senior citizens of Pennsylvania.  

The Governor says the reason the state received only one bid to manage the lottery is because he wasn't willing to lose control of the revenue source, so severe limits were put on the bids.

The deadline to make a deal is January 10th.

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