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CT considers allowing home sale lotteries

An idea is gaining attention at the state Capitol that would let state homeowners raffle off their houses in the sluggish real estate market.

Connecticut regulates games of chance such as lotteries and raffles. That means people cannot offer their homes themselves by lottery, no matter how desperate they are to unload the properties.

A legislative committee last week endorsed a bill creating a task force to study the procedure, which has had mixed results in Maryland. Several states have considered and rejected the idea because of the potential for fraud.

The Connecticut bill would require General Assembly approval and Gov. M. Jodi Rell’s signature, and would not create the lottery system itself — just the 11-person study group. (AP)

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