This Friday’s Mega Millions drawing, with its jackpot of more than $1 billion — one of the highest ever in the nation’s history — has launched a lot of daydreaming of what life as a billionaire might be like (or, more realistically, a third- or half- billionaire after taxes, depending upon whether the winner takes the cash or annuity option). With 303-million-to-one odds of winning the big jackpot (and pretty discouraging chances on smaller prizes, too), one presumes that most participants know they’ll be tossing their entries in the trash can by Saturday morning. All in good fun, right?
The $1B question: Can Maryland run a lottery that doesn’t victimize people living in poverty?
July 28, 2022