Lottery dreamers are setting their sights on the growing Mega Millions jackpot now that a ticket worth more than $1 billion finally has been sold for the Powerball lottery
California State Lottery spokesperson Carolyn Becker, left, and director Alva Johnson speak during a news conference outside the Las Palmitas Mini Market in downtown Los Angeles, Thursday, July 20, 2023, where the winning ticket for the Powerball jackpot, worth an estimated $1.08 billion, was sold.
for the Powerball lottery. Here's a look at how this drawing compares to other jackpots and why these winnings have become so high.The new jackpot for the Mega Millions drawing has reached an estimated $720 million, making it the game's fifth highest. It hasn't yet broken into the topIf someone picks all five numbers, plus the gold Mega Ball, they will have the option of taking the prize in yearly increments paid over 29 years or a $369.6 million lump sum before taxes.
“People buy them for little kids," she said."So it’s sort of the gateway drug for introduction into gambling. And yet there’s, you know, there’s no responsible gambling program for lottery tickets. There isn’t self-exclusion in states that allow you to purchase them online or limits betting or any of the different strategies that are employed in online casinos or sports wagering.”as well as Washington, D.C., and the U.S. Virgin Islands.Copyright 2023 The Associated Press.
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