Monday, March 21, 2011

Lottery Mania on Both Sides of the Pond

We start this week with the two XX Millions offering near record Jackpots.
  • In the U.S., the Mega Millions annuity is $244 million, which is the 10th highest range, and
  • In Europe, the Euro Millions Jackpot is €133 million, a level not reached since 2006.
Adding in the Powerball lottery's $101 million jackpot, we have nearly 1/2 a billion U.S. dollars being offered to lottery players this week.

Maybe our Federal and State governments should consider being active lottery players to help reduce their burdensome debt.

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Note: Based on the results of our Poll , we decided to recommend all Power & Mega balls in every drawing after Octorber 22, 2007. This change will make these lotteries consistent with the International and other "mega" ball based lotteries.
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