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Annamaria Maxima posted a blog post

Mega Millions jackpot is $750 million – where does all the lottery tax revenue really go?

The Mega Millions prize drawing for Jan. 15 has skyrocketed to US$ 750 million and counting. This makes it the second largest pot in Mega Millions history-- gone beyond only by the $1.537 billion winning ticket in October 2018-- and the 5th biggest lotto jackpot ever in the U.S. In the middle of the 20th century, when lottos first began in the U.S., they were sold to states a benefit to the American public. That suggests that bigger and bigger jackpots must indicate more tax dollars to invest…See More
Dec 6, 2021
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Dec 6, 2021

Annamaria Maxima's Blog

Mega Millions jackpot is $750 million – where does all the lottery tax revenue really go?

Posted on December 6, 2021 at 8:44pm 0 Comments

The Mega Millions prize drawing for Jan. 15 has skyrocketed to US$ 750 million and counting. This makes it the second largest pot in Mega Millions history-- gone beyond only by the $1.537 billion winning ticket in October 2018-- and the 5th biggest lotto jackpot ever in the U.S

. In the middle of the 20th century, when lottos first began in the U.S., they were sold to states a benefit to the American public. That suggests that bigger and bigger jackpots must indicate more tax dollars…

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