Mega Millions jackpot is $750 million – where does all the lottery tax revenue really go?
The Mega Millions jackpot drawing for Jan. 15 has actually soared to US$ 750 million and counting. This makes it the second largest pot in Mega Millions history-- exceeded just by the $1.537 billion winning ticket in October 2018-- and the fifth biggest lotto prize ever in the U.S. In the middle of the 20th century, when lotteries initially started in the U.S., they were sold to states a benefit to the American public. That suggests that larger and larger prizes should imply more tax dollars to…See More
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