The Illinois Governor JB Pritzker achieved a remarkable feat last year by securing a $1.4 million win while gambling in Las Vegas. This impressive victory was revealed through his recent tax filing.
Details of the Win
Pritzker, who is a two-term Democrat, reported his incredible fortune to have come from playing blackjack during a vacation with his wife and friends. His existing net worth is around $3.9 billion, as listed by Forbes, largely due to his family’s Hyatt Hotel heritage.
Despite the significant jackpot, Pritzker has announced plans to donate the winning amount to charity, though he has yet to explain why this has not been executed. He remarked on his good fortune during a Thursday press conference, stating, “You have to be incredibly lucky to leave a casino ahead.”
Context of the Win
During the press briefing, Pritzker further mentioned that he considers the winnings a “net number” from his overall trip. When asked about his particular success at the blackjack table, he remained tight-lipped about his winning hand. He expressed, “Anyone who’s played cards knows that you often play too long and can lose whatever you’ve won.”
Financial Overview
- Total Income (2024): $10.6 million
- Taxes Paid: $1.6 million
- Taxable Income: $5.87 million
Pritzker and his wife, Mary Kathryn, reported that their income for the year primarily stemmed from dividends and capital gains. Their financial capacity enables them to engage in philanthropic pursuits, as evidenced by the Chicago Poker Challenge he established, which benefitted the Illinois Holocaust Museum and Education Center.
Political Landscape
In recent times, Pritzker has emerged as a prominent critic of former President Donald Trump. He has vocally opposed Trump’s federal intervention in Chicago, condemning it as authoritarian. In response to the criticisms, Trump accused Pritzker and Chicago Mayor Brandon Johnson of failing to adequately protect federal immigration officers involved in local raids.
Looking ahead, Pritzker aims to pursue a third term in the governor’s office in 2026. However, he has been evasive regarding any aspirations beyond his current role.
