The upcoming Mega Millions drawing is estimated at a whopping $1.15 billion, igniting excitement and speculation about the future of lottery jackpots. Experts ponder whether the increasing frequency of billion-dollar prizes will eventually diminish their allure.
A man holds up a Mega Millions ticket at Rossi's Deli in San Francisco, Thursday, Dec. 26, 2024. Remember this moment because it probably won't last: A U.S. lottery jackpot is projected to soar above $1 billion, and that's still a big deal.
Meanwhile, Mega Millions' ticket prices will rise from $2 to $5 in April. The increase will be one of many changes that officials say will result in improved jackpot odds, more frequent giant prizes and even larger payouts.Lotteries date back to at least ancient Rome Lotteries began to fall out of favor in the U.S. in the 1800s because of concerns over fraud, mismanagement and impacts on poor people. But starting in the 1960s, states began to legalize them to help address financial shortfalls without raising taxes.
By contrast, the pre-tax winnings from Friday's Mega Millions prize could theoretically buy a Major League Baseball team. The Nationals would be too expensive. But Forbes recently valued the Miami Marlins at $1 billion. Games with massive payouts tend to be more popular despite the slimmer odds. Larger jackpots also attract more media attention, increase ticket sales and bring in new players, Cohen said.Lottery officials have allowed the odds to become lower with a larger pool of numbers to pick from, Cohen said. And that has made games harder to win, leading to payouts rolling over into even larger prizes.
As a Communist Party member in Calgary in the early 1940s, Frank Hadesbeck performed clerical work at the party office, printed leaflets and sold books.China probes personal disputes after mass killings. Many fear further infringement on freedoms Heading into 2025, thousands of workers face an unsettling reality: after years of working from the comfort of home, they must return to the office full-time for the first time since the coronavirus pandemic or look for new work.Wondering what your teen is up to when you're not around? They are likely on YouTube, TikTok, Instagram or Snapchat, according to a new report.
Multiple people were rushed to hospital, including two minors, in the aftermath of a serious vehicle collision on Thursday morning.Calgarians hoping to save some money—or get that last gift they missed out on for Christmas—headed to the store for Boxing Day.It’s one of the busiest shopping days of the year: Boxing Day sees thousands of people head to malls and big box stores to find great deals. But it's not so simple for smaller shops.
Raised in Sask. after his family fled Hungary, this man spent decades spying on communists for the RCMP
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