JOURNAL ARTICLE

How Lottery Jackpots Like the $1.35 Billion Mega Millions Are Designed to Spark 'Lottery Fever'.

  • Published In: Time.com, 2023. P. 8 1 of 2

  • Database: Academic Search Ultimate 2 of 2

Abstract

The article focuses on the Mega Millions lottery, highlighting the upcoming $1.35 billion jackpot drawing, which could become the second-largest win in its history. It discusses the significant financial impact of state-run lotteries, noting that Americans spent nearly $105.3 billion on lottery tickets in 2021, with states benefiting from approximately one-third of jackpot sales. Experts explain that lottery designs, including changes made in 2015, have been strategically implemented to increase ticket sales and create larger jackpots, which in turn attract more players. The article also addresses the social implications of lottery participation, particularly among low-income communities. [Extracted from the article]

Additional Information

  • Source:Time.com. 2023/01, p8
  • Document Type:Article
  • Subject Area:Law
  • Publication Date:2023
  • ISSN:2476-2679
  • Accession Number:163643339
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