Mitchell January's Blog – December 2021 Archive (1)

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

The Mega Millions prize drawing for Jan. 15 has actually skyrocketed to US$ 750 million and counting. This makes it the 2nd biggest pot in Mega Millions history-- surpassed just by the $1.537 billion winning ticket in October 2018-- and the 5th biggest lotto prize 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 larger and bigger jackpots must mean more tax dollars to…

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Added by Mitchell January on December 5, 2021 at 11:52pm — No Comments

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