The Mega Millions drawing on Tuesday will be $1.1 billion, which will entice millions to play despite the long odds.
That’s more than enough to do pretty much anything you want, which is one of the factors driving jackpots to grow larger.
“Even losing tickets provide value to lottery players because they provide the chance for a few minutes, for a few days, for a few hours to dream of a new life,” said author Jonathan Cohen.He said about half of Americans buy lottery tickets. A lot of them only buy during big jackpot games. Bigger pots entice more people to play who normally don’t. But about one in eight people play the lottery once a week.
“And that group is disproportionately poorer, disproportionately nonwhite and disproportionately less educated,” Cohen said. “And then over time, their losses pile up and that's when the jackpot gets really big and gets on the news.” Cohen says there's also an entertainment factor behind playing the lottery. Another reason jackpots have grown so much larger in recent years is that games keep changing.The matrix of numbers to choose from now makes the odds better for smaller prizes but tougher for the jackpot, so there are more rollovers.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Mega Millions drawing 2023: Where to buy tickets, how to buy online, price, cut-off time, app purchases (1/10/23)Where can I buy a Mega Millions ticket? How much does a Mega Millions ticket cost? Can I buy a Mega Millions ticket online? Here's everything you need to know about the historically high Mega Millions jackpot and how you can buy tickets
Read more »
Mega Millions jackpot tops $1 billion after Friday’s drawing yields no winnersNot everyone was a loser Friday night. There were more that 4 million winning tickets at other prize levels, ranging from $2 to $1 million,
Read more »
Mega Millions: What to know as lottery climbs over $1 billion for Tuesday drawingSomeone could become a lot richer Tuesday as the Mega Million lottery crossed the $1 billion mark following Friday’s drawing with no winner.
Read more »
Mega Millions jackpot tops $1 billion; Sunday’s Ohio Lottery resultsThe Mega Millions jackpot is an estimated $1.1 billion for the drawing on Tuesday, Jan. 10, 2023.
Read more »
Tuesday's Mega Millions jackpot tops $1 billionTuesday's Mega Millions jackpot is the lottery's third-largest jackpot in its history, and ranks No. 5 among all jackpots in the U.S.
Read more »
Mega Millions: What to know as lottery climbs over $1 billion for Tuesday drawingSomeone could become a lot richer Tuesday as the Mega Million lottery crossed the $1 billion mark following Friday’s drawing with no winner.
Read more »