Powerball’s massive jackpot will rollover and increase after Saturday’s drawing produced no winning tickets, according to the game’s website.
The $1.4-billion jackpot now grows to $1.55 billion but remains the third-largest in Powerball’s history (the second largest was $1.586 billion in 2016).
The last time someone won the Powerball jackpot after the July 19 drawing for the $1.08 billion pot. The winning ticket then was sold in California.
Maybe an unpopular opinion, but I find the lottery fun in moderation, but I only spend like $50 on lottery tickets a year so I’m not exactly the target audience anyway.
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Few people bat an eye at spending $40 for two tickets and food to a movie for two hours. If $20 gets someone a few hours of escapism and dreaming, it’s not that big of a deal. But like any other entertainment, spending that much every day is probably not good, and certainly not if it’s done only as an investment.
I am that person who doesn’t mind $20 when it gets around 1 billion. The problem lately is I used to enjoy it more when it was $10 for 10 tickets and 2nd it really is taking a long time for anyone to win which is turning into a problem now… I am considering either dropping down to $10 or upping my starting time to 1.5 billion since it really seems to be getting pretty high quicker these days as well. This next drawing will make it $60 now in 1 week and I am not ok with it anymore.
I have a bought a few of these billion dollar tickets for fun. And ya I think about how I’d divide the money up etc. but the thing that always makes me hope I don’t win is the reality that once you realize you’ve won, you’re never going to be able to be alone again. You have to have a security team with you at all times if you’re a billionaire. I’d rather just be me tbh.
Imagine if everyone just decided they were tired of this lottery bullshit and collectively refused to play…
Personally I’d be far more interested in the lottery if we lived in a post scarcity society, where people’s needs are guaranteed to be met instead of the poorest people desperately trying to get out of poverty
I used to think of the lottery as a tax on idiots but I’ve since come to realize it’s a tax on the desperate.
I play, and I’m not desperate (and hopefully not an idiot either). Here is my reasoning, but I’m open to ideas from people who may think differently. First, obviously, playing is losing money, just like scratch-offs. However, a winning scratch-off is not life changing money, it’s likely just making back some of the money you spent or will spend. A Powerball jackpot will allow you to actually have influence in the world. If you are someone who wins and decides to mooch off society just buying yachts and hookers and blow for the rest of your life, then it’s just wasted. But the amount of change in the world by building something that betters humanity would actually be accomplishable.
General Strikes are impossible.
Didn’t they add another number to the Powerball which massively decreased the probability of winning?
Just split it among all of us already. I could use a half cup of coffee.
Doesn’t a lot of the money go to scholarship funds?
Depends on the state. My state puts 40% of the funds into protecting the environment and the rest goes into the state’s general fund.
Jackpots are just another poor people tax.
Wow. A crazy jackpot.
Not really, they added an extra number to the lottery so that people would be even less likely to win, which leads to larger jackpot numbers. It’s a marketing ploy meant to trick more people into paying the stupid tax.
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“chance to be a billionaire” “Who cares”
Is there something I’m missing
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I mean, if someone spends $2 once in a while for the fun and daydreaming, it’s not really an idiot tax. I’ll probably buy a single ticket.
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When someone calls it an idiot tax they mean the actual $2 tickets themselves, not the winnings.
“Idiot tax” doesn’t refer to the taxes taken from lotto winnings.
It refers to the money wasted on the minute chance of winning. So minute that only stupid people pay it. Stupid tax.
Me.
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Everyone that skipped the half lesson on probability given in public high school.
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Uh OK… So read this part again “Everyone that skipped”…
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