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

The Mega Millions jackpot drawing for Jan. 15 has actually skyrocketed to US$ 750 million and counting. This makes it the second biggest pot in Mega Millions history-- gone beyond just 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 lotteries initially began in the U.S., they were offered to states a benefit to the American public. That suggests that bigger and larger prizes must imply more tax…See More
Dec 6, 2021
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Dec 6, 2021

Benner Kimble's Blog

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

Posted on December 6, 2021 at 6:02am 0 Comments

The Mega Millions jackpot drawing for Jan. 15 has actually skyrocketed to US$ 750 million and counting. This makes it the second biggest pot in Mega Millions history-- gone beyond just 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 lotteries initially began in the U.S., they were offered to states a benefit to the American public. That suggests that bigger and larger prizes must imply…

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