At some point in the near future, the record-high Mega Millions jackpot is going to make someone very, very rich. But as is usually the case when it comes to the lottery, the biggest winner will be the government.
First, a disclaimer: Later today, I fully intend to stop by a convenience store and spend $2 on a Mega Millions ticket. The allure of $1.6 billion is too much, even if my odds of winning the top prize are just 1 in 302,575,350. I might even buy a Powerball ticket too, because $620 million doesn’t sound like a bad payout either.
But before you run out and emulate me, there are a few things us suckers need to keep in mind about the lotto.
Continue reading “No Matter Who Takes Home a Record Lottery Prize, the Government Always Wins”
DES MOINES, Iowa — No one won the latest Mega Millions drawing, meaning the jackpot climbs to a staggering $1.6 billion.
Continue reading “Mega Millions drawing yields no winners, jackpot swells to $1.6B”
