Georgia, other states offer tax breaks, funds for chance to host World Cup

Home of the NFL football Atlanta Falcons and the MLS soccer team, Atlanta United, the Mercedes-Benz stadium is seen, Wednesday, Oct. 4, 2017, in Atlanta. There are 23 venues bidding to host soccer matches at the 2026 World Cup in the United States, Mexico and Canada. (AP Photo/Mike Stewart, File)

U.S. cities and states have lined up with tax breaks and millions of dollars in both public and private investments for a chance at hosting 2026 FIFA World Cup games, set to be announced Thursday at 5 p.m. EST.

The prize is a share of what FIFA expects to be more than $5 billion in short-term economic activity generated from the tournament throughout North America.

In hopes of scoring a deal, state lawmakers and city leaders are cutting sales taxes on tickets and pumping millions of dollars into stadium renovations.