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Powerball jackpot reaches $1.23 billion as long odds mean lots of losing, just as designed

Powerball jackpot reaches $1.23 billion as long odds mean lots of losing, just as designed
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United States , Andrew Swift , University Of Nebraska , Washington Times , Lottery Association , New Year , Multi State Lottery , Mega Millions ,

Powerball: Long odds and lots of losing, by design

The growing $1.23B jackpot is a sign that the game is operating exactly as designed, with long odds creating a massive jackpot that entices people to buy a ticket. ....

United States , Andrew Swift , University Of Nebraska , Lottery Association , New Year , Multi State Lottery , Mega Millions ,

Powerball jackpot reaches $1.23B as long odds mean lots of losing, just as designed – Metro US

Powerball will match a record for lottery drawings Saturday night with a stretch of more than three months without a jackpot winner. It’s that string of futility that has enabled Powerball’s top prize to reach $1.23 billion, the 8th largest in U.S. lottery history. And it’s a sign that the game is operating exactly as […] ....

United States , Andrew Swift , University Of Nebraska , Lottery Association , New Year , Multi State Lottery , Mega Millions ,