Powerball jackpot increases to $1.55 billion after no one wins

MicroWave@lemmy.world to News@lemmy.world – 145 points –
Powerball jackpot increases to $1.55 billion after no one wins
nbcnews.com

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.

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Maybe an unpopular opinion, but I find the lottery fun in moderation, but I only spend like $50 on lottery tickets a year so Iโ€™m not exactly the target audience anyway.

The lottery is by and far an excessive tax on the poor. That's my only problem with it.

Generally the big culprit there is the scratch-off stuff you see at gas stations.

Powerball, due to the delays in reward processing, is not as "addictive" as scratch-off/peel-off gambling.

True, but I just don't think we should incentivize funding amazing programs with money sources primarily funded by the underprivileged day dreaming of a better life. It just seems sad.

Hardcore "I'm 14 and this is deep"

Unfortunately for your world views, no. I'm 28 and able to engage in empathy for the plight of my fellow man. Sad you've gotten that used to callous realities.

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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 Iโ€™ve since come to realize itโ€™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.

Didn't they add another number to the Powerball which massively decreased the probability of winning?

Yup, all so that they could regularly have these massive jackpots, because a huge jackpot drives more sales of losing tickets.

That makes so much sense. I swear I remember a massive jackpot being a once every 1-2 year event. Now it's every 1-2 months.

And it works. I played during the last huge jackpot craze. I even thought to myself that I swore there weren't this many numbers.

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.

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.