How Mega Millions And Powerball Jackpots Grew So Large

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While Mega Millions and Powerball jackpots have grown in recent years, America's lottery system goes back a long time. Lotteries in colonial times helped finance some of America's roads, bridges, and schools like Harvard and Yale. Today, state-sponsored lotteries contribute millions state budgets, but some critics question how effective they actually are.
In October, an anonymous woman in South Carolina won the $1.6 billion Mega Millions jackpot. Jackpots have been on the rise since the two major lottery organizations, Mega Millions and Powerball, struck a deal to cross-sell tickets in each others' member states in 2010.
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How Mega Millions And Powerball Jackpots Grew So Large

Опубликовано:

31 май 2019

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Комментарии : 1,5 тыс.

@SleepingSoldier 5 лет назад

Them: You can't win if you don't play. Me: You can't lose if you don't play either.

@2011blueman 5 лет назад

*win.

@lakersin556 5 лет назад

@@2011blueman *eggo.

@2011blueman 5 лет назад

@@lakersin556 *pun, i.e. play on words.

@Joshua79C 5 лет назад

@@2011blueman I got the pun of your name, unlike that *dolt.

@2011blueman 5 лет назад

@@Joshua79C Glad you got it, KingCo Anderson likely didn't know the word.

@BitcoinMotorist 5 лет назад

And now we understand why gambling is illegal or tightly regulated. It has nothing to do with protecting the public. It is about protecting the state monopoly

@kevinarnold7065 5 лет назад

You mean the states and federal government are hypocrites! Noooooooooo.

@davidhill2020 5 лет назад

It's why Sheldon Adelson is a huge moralist when it comes to online gambling, but makes literally millions of dollars a day from his casinos.

@jacobfetzer715 5 лет назад

Big business loves regulations. It cuts out the smaller competitors. The EPA was created by Nixon, oil companies were his biggest campaign contributors, Obama signed "financial reform" even though Goldman Sachs was his biggest campaign contributor. Bill Clinton was behind the massive prison privatization of the 90s, and it's not a coincidence his party is also the party of trying to make every little thing a crime. Ban this ban that. And big pharma and insurance made a fortune off Obamacare, all at taxpayer's expense. The irony of all these idiots who think regulation helps the average person is that free markets help the average person, there's a reason most wealthy people are Democrats and hate Trump.

@jcman240 4 года назад

When the mob ran number games back in the day the States called it illegal , only to run their own number games with much much worse odds

@TheAGODAMI 3 года назад

@@jcman240 🎯 💯 **FacTS.!!!!* 😠

@jungeunji8289 5 лет назад

did they just tell me the pay outs go to fund gambling addiction programs? Is that not the most ironic sentence of all time

@guy_5108 5 лет назад

This whole video seems like an ad. Ads are getting more and more clever. Instead of interrupting your regular content they want to be your regular content.

@Benz1659 5 лет назад

Its standard operating procedure here in the US. Cigarette taxes go toward anti-smoking treatment programs here as well...

@Dominickudo 5 лет назад

If not it’s up there.

@angolin9352 5 лет назад

No, the most ironic sentence of all time is "Lotteries fund education." If that were true, then lotteries wouldn't have enough money to operate. The lottery is a tax on people who can't do math.

@bendover-bz4bc 3 года назад

@@angolin9352 you can't hate lottery for it though. It's the dumb people buying relentless amount of tickets and ending up broke.

@Bubbasizer 5 лет назад

I used to be an avid Powerball player I would play every drawing, but the biggest win I ever had was when I decided I don't want to waste my money anymore on lottery tickets and started investing my money instead of gambling it. I never threw away a ton of money at once, but I played for like 5 years almost every draw that adds up over time. Now my Vanguard account is growing from my contributions and compound interest rather than throwing it away in the form of lotto tickets.

@TheBikemaster94 2 года назад

The only one worth playing is the pick3/cash3 50c a play and if you win take that 40-500 and do some shopping

@mith2946 Год назад

I play every now and then. I once got three and the powerball, that's when I was like well it is possible to get lucky lol

@donaldlyons17 Год назад

What you are paying to play! Gambling is a game and not for investing and plus even if you played both the PB and MM games every drawing for 5 years it only cost you 2,400$. You likely paid more for internet access over that same period if time wtf!

@blueshky 5 лет назад

Raised it from $1 to $2 but making the odds lower. There.

@wnxdafriz 5 лет назад

@Brian Waller meh... i don't normally gamble but if it goes up to three quarters of a billion i buy one... granted I see people throwing 20-30 or more at a time on tickets and it kinda makes me sad two dollars a year for "ahh screw it why not" versus people who pay 15-20 a week on tickets -_-

@robreber9355 3 года назад

You could be in Canada, they raised it from $2 dollars to $5 dollars and add more numbers and made the odds worse and then they rigged it so only three Province's win but people still buy tickets! It's a joke don't bother buying tickets in Canada unless you are a dual citizen and you vote for the liberal government, and you live in Ontario, Quebec or B.C. they are the only province's that win. Our brain dead leader gave $500 million dollars to the lottery corporation to bail them out so he could basically buy more votes at election time. But when our football league asked for a $30 million dollar loan he turned them down. So know he is putting all these football players out of work and are not going to be paid. Great leader we have her is trying to buy votes but then turns around and screws the nation. I think it's time we get rid of him and vote someone else in

@gigigiseleworld 2 года назад

#2017 they did that. Which really sent players to #scratchoffs .. pretty soon illegal gambling will make a return.

@gigigiseleworld 2 года назад

@@robreber9355 Wow so the price of a ticket went up? I had considered buying a #lottomax when I travel 🧳 to Canada. 5.00?? Pricey... I will buy a scratcher

@donaldlyons17 Год назад

@@robreber9355 They don’t have raffle game lotteries? Like the type that always have winners?

@schizogony 5 лет назад

Adam Carolla calls the lottery "poor people tax."

@DontStopTheWeekend 5 лет назад

Stupid people tax...

@crashdummy1000 5 лет назад

Only because the lower income people are praying to win by playing. The higher income people are smart enough to know it’s not in your favor.

@Kasadoll 5 лет назад

@@DontStopTheWeekend Not so much "stupid" people. The lottery is truly an insidious scam, as it taps in to that element of hope that people have. The human will cannot always be strong and I think it's truly wrong when any individual or corporation takes advantage of its weaknesses

@sleepycalico 5 лет назад

My brother says they finally figured out how to tax stupidity.

@Foxhoundmg 5 лет назад

This is true I work at a liquor store and we sell lottery. Rich people play sometimes but the poor people play way more. They would rather buy 20 bucks in lottery than 20 bucks in food lol. I feel bad for selling them false hope but its their money not mine.

@j0epark1 5 лет назад

Most people don't realize that when they buy lottery tickets, it's their money that goes into the lottery pool. Not the government's money. But somehow Uncle Sam gets 40% of the winnings.

@MsEliteForever 5 лет назад

Sam don't play

@Vivra_Verra____ 5 лет назад

The government never loses in the end. They always get “their” money

@Playthellgb42 5 лет назад

OH STOP WHINING...NOBODY IS FORCING YOU TO PLAY!!!

@JustSayingitslore 5 лет назад

Haha

@2011blueman 5 лет назад

I would think EVERYONE realizes that, since that's what a lottery is. Only a moron would think it's the government's money and not the ticket purchases that fund the prize pool.

@deborahfox5401 5 лет назад

Bring back the smaller, more frequent jackpots!

@mithul6566 2 года назад

How does it work

@moranii1843 2 года назад

State lottos exist

@archmaiden 5 лет назад

"How the scam keeps growing"

@isabellakerr2966 5 лет назад

Yes, it is a scam where local states steal a major part of it. In addition high taxes. For regular citizen such scam would be punishable by long term prison. The states are criminals.

@S2Tubes 5 лет назад

Definitely not a scam. Everyone knows it's a long shot. There's nothing deceptive or illegal about it.

@blizzyyt2281 5 лет назад

Dana Rivera it’s not a scam literally everyone is aware it’s a long shot that’s the whole point

@guy_5108 5 лет назад

It's a stupid tax

@ValisX 5 лет назад

The only scam is the way the money is double taxed. In the UK lottery winnings aren’t taxed....because the money used to buy the tickets has already been taxed as income tax, sales tax etc. So, If you ever win a lottery, open a church and collect the winnings in the church’s name to avoid paying tax. I’m going to open a church called ‘And You Will Know My Name Is The Lord’ ministries

@nickgehr6916 5 лет назад

Because it's America's dream and American love to dream

@seanaaron7888 5 лет назад

Zenn Lozanno they call it a dream because you have to be asleep to believe it

@GG1783 5 лет назад

Everyone loves to dream

@theworldoverheavan560 5 лет назад

@@GG1783 yep

@runcaz7802 5 лет назад

Dreaming has nothing to do with being "American", Everyone on the entire planet dreams, including animals.

@theconquistador8862 5 лет назад

Dreaming is what makes life tolerable my friend - Cheers *Beer

@michael2244 2 года назад

The jackpot for both PB and MM start at $20M. PB said the jackpot would start at $40M and go up by a minimum of $10M and that's why they went from $1 to $2

@enigmathegrayman2953 5 лет назад

11:40 reason why not to play the lottery? “This could be your ticket out” Your ticket out has been and will always be you!

@davidhill2020 5 лет назад

That sounds very nice, but it's like that joke by Jimmy Kimmel, "Conan O'Brien showed that if you work really hard and do the right thing, you can get whatever you want. Unless Jay Leno wants it, too."

@dreamchaser5758 4 года назад

@@davidhill2020 Conan likes to overlook the fact that the Tonight show had abysmal ratings under his leadership. He is still a multi millionaire.

@ksmurphable 2 года назад

That’s so crazy lotto fatigue. I’d rather more people get a few million instead of some people getting 100s of millions and then blowing it super fast. Imagine how awesome that would be if people were all just getting financially stable left and right

@santiagoagustine3749 2 года назад

I get your point but its not balancing.

@jaluriaja6294 2 года назад

I am 55 years old with very little set aside for retirement at this point. I have always been curious about the stock market and have witnessed some people who played the game right and retired early because they used the stock market.

@jaluriaja6294 2 года назад

@santiagoagustine3749 2 года назад

@@jaluriaja6294 Buy index funds if you wanna be safe, though you are probably be better off just going to Vanguard or something for that

@errolkingston6546 2 года назад

@@jaluriaja6294 Even with the right technique and assets some investors would still make more than others, as an investor, you should've known that by now, nothing beats experience and that's final, personally I had to reach out to a market analyst for guidance which is how I was able to grow my account close to a million, withdraw my profit right before the correction and now I'm buying again

@jimjackle6282 5 лет назад

The Powerball company is also doing state lotteries and a guy working there got caught rigging the state level lotteries in several states and letting his brother win. They were later splitting the winnings. I don't trust any lottery.

@gmgilmore7734 2 года назад

True... I read about that

@efnan_55 2 года назад

Really?

@davidkoonz4336 2 года назад

EDDIE TIPTON GOT CAUGHT RIGGING LOTTO.😀

@crawnyxx 2 года назад

@@efnan_55 He didn't rig it but noticed an error and took advantage of it. There are so many combinations it would be difficult to rig but they are a few practices in the house's favor vs the consumer, such as payouts odds, etc!

@efnan_55 2 года назад

@@crawnyxx Is there truth in these lotteries? i.e. are the winners real ? 🤔🤔🤔

@MrChet407 5 лет назад

Because it's a state backed gambling scheme

@blizzyyt2281 5 лет назад

MrChet407 scheme??? You get what you paid for a chance

@guy_5108 5 лет назад

Scheme: a large-scale systematic plan or arrangement for attaining some particular object or putting a particular idea into effect. "the occupational sick pay scheme" It's an arrangement for government funded gambling. Why the hell would you defend the lottery anyway, the lottery is not good. The money is also put into a pot that can basically be used for whatever the state wants which the video not for schools or public services. Our brains aren't made to compute the the astronomical odds of winning because we've never experienced numbers so low giving a false sense of hope that is exploited.

@MrChet407 5 лет назад

@@blizzyyt2281 I'm giving you a scratcher for Christmas

@Robertmalagon 5 лет назад

Paying a dollar is worth dreaming of what you’d do with the money, even if it’s for a couple of seconds, it’s worth the little hope you get lol.

@lakeatman504 3 года назад

Man I wish the ticket was back to a dollar

@susansosa2309 3 года назад

Esto es unabil estafa juego por30 year y nunca gano madre

@leemacdonald6533 3 года назад

Hope value is worth alot more than a couple of dollars.

@guardianoffire8814 2 года назад

For the majority of Americans the lottery is their retirement plan.

@luckyapple2655 2 года назад

That's exactely what I do. One $ bet.

@ryadderdar991 5 лет назад

CNBC is becoming the best youtube channel

@dennisp8520 5 лет назад

It's ironic because there tv station is dead.

@ShidaiTaino 5 лет назад

Dennis Pietrandrea their

@Minatures 5 лет назад

Definitely! Even as a Non-American, I have the opportunity to learn a lot about the US through this channel.

@maximiIiaan 5 лет назад

Dennis Pietrandrea not really, the cable channel is a cash cow. These vids take actual effort which cnbc doesn't normally put in, but won't make much money at all

@momentmedia725 5 лет назад

Ryad Derdar dude honestly! I been hooked on every video they’ve came out with lately. Very well explained and seemingly unbiased

@LockCard 5 лет назад

wait so the state get the taxs from the lotto, THEN the income tax from the winning! ..... thats double dipping sounds fair.

@Joshua79C 5 лет назад

Actually its the IRS that double taxes since they take the initial as security and the rest is a taxable income, as for states they only get taxes from the winner if you look up the articles about the recent Mega Million billion jackpot winner in South Carolina.

@JohnDoe33408 4 года назад

@@diamondwave100 In what way do corporations get taxed at a personal level? What does that even mean?

@HarryRacer18 4 года назад

This program only focused on states that tax or doesn’t put all profits towards education like Florida does. Florida 100% lottery profits after expenses goes to education by law (a law that can’t be changed since its in the Florida constitution, voted in by voters.) Florida doesn’t have a personal income tax (it does have a business income tax). The Florida lottery is self funded so zero state dollars goes into funding its operation. All its employees benefits are paid by the lottery and not state funds. In Florida, all its financial is available freely due to the Florida in the Sunshine Act. An act that says it’s dealings are public record, even emails on lottery communications are public record (of course confidential information would be redacted).

@savagedragon79 3 года назад

It's no different than sales tax when you buy groceries. Your income gets taxed then your bread gets taxed.

@thekinginvestor47 5 лет назад

But Flint ain’t got no water. How Sway

@Josh-nc6nt 5 лет назад

But you ain't got no edumacation

@thekinginvestor47 5 лет назад

Nameless damn you got me on that, but I got more money than you. And are you talking about formal education or self education

@msq5067 5 лет назад

@Eustace Hello! Billionaires. 68CamaroRS/SS

@MedicatedEducators 5 лет назад

No capp

@AlanHernandez-jn2mp 5 лет назад

@68Camaro RS/SS well you better have some nice properties to accompany your huge ego & your ASS Camaro, I mean your SS Camaro

@Dr.Jekyll_ 4 года назад

Government: We are gonna outlaw gambling cuz is bad for you. This is for your own good. Also government: please buy the lotto 😂

@joelspaulding5964 5 лет назад

The lottery is voluntary. It is not a tax therefore it cannot be a regressive tax.

@billypilgrim7838 5 лет назад

Joel Spaulding guess you didn't watch

@joelspaulding5964 5 лет назад

@@billypilgrim7838 absolutely did. Regardless of how it was couched in the video- it isn't a tax. It is entertainment. No one is forced by the government to buy a lottery ticket. One may attempt to draw parallels between lottery and a regressive tax for an example- still not a tax.

@rayray6490 10 месяцев назад

@@billypilgrim7838…there’s no such thing as a voluntary tax. Taxes by nature is required by law and consequences for not complying. No one’s putting you in jail to force you to buy those tickets

@Ngamotu83 2 года назад

What I find truly bizarre about American lotteries, is if you win your face is plastered everywhere; you don't have the option of remaining anonymous. Because in Aotearoa, where I'm from, almost all lotto winners remain anonymous. On top of that, Powerball is limited to $50 million.

@bellamafiaquackafellarecor7770 Год назад

In TX you can claim with a LLC so you just need to create shell companies and lawyers to hide your identity

@deniz117 9 месяцев назад

because Aotearoa is a much smaller country

@Ngamotu83 9 месяцев назад

@@deniz117 What does the size of my country have to do with lotto winners having the option to remain anonymous?

@desiretoexcel6078 9 месяцев назад

@@Ngamotu83maybe he referred to the 50million cap

@deniz117 9 месяцев назад

@@desiretoexcel6078 um excuse me? its a she 🙄

@Phenomenal8448 2 года назад

Anytime you play the extra $1.00 is when you don’t win the jackpot but you matched multiple numbers on the same row. It just takes $2 to win the jackpot

@LiveFreeOrDie76 5 лет назад

because they increased the odds to get higher jackpots to increase sales via hysteria.

@mnoell35 5 лет назад

Koroz also notice how they put giant electric billboards everywhere. Hoping to lure you in.

@monis9198 2 года назад

exactly. that’s why I play always the same no matter the jackpot amount

@jamesross1798 3 года назад

Why aren't poor whites ever mentioned in surveys? Because that's all I see holding up the lines inside the convenient stores here lol 🤣🤣🤣

@nickcooper4265 5 лет назад

But they won’t legalize gambling ??? 🤦🏾‍♂️

@litojonny 5 лет назад

gambling is more privatized so Uncle Sam doesn't benefit. The house (US government) always wins

@alanl9497 5 лет назад

Nick Cooper Crime rates will skyrocket if it was..

@n3wt 5 лет назад

Is it jus me or video girl speaking very very fast

@takehirolol5962 5 лет назад

Cuz Murica

@ryanbernadett9372 5 лет назад

Alan L Yeah living in Nevada where it’s legal we have daily shoot outs of people trading slot machines /s

@ValleyoftheRogue 5 лет назад

Since they increased the numbers, I have rarely played either game. Before they did it, I could play them and at least get something back fairly often. Now it is almost impossible to hit anything on them, even a couple of dollars.

@johnpeter6980 5 лет назад

My dream coming true this year at Mega Million or Powerball 🙌🙌🙌🙌🙌

@kingoflovekingoflove8609 4 года назад

Me too bro

@HJima 4 года назад

it isn't gonna hapen, invest in stocks or crypto coins intead

@cookncrook6902 3 года назад

More likely to be struck by lightning but I get it I pick up a ticket here and there

@maimai6903 3 года назад

me too

@marcusrichburg5280 3 года назад

028853

@captaincool411 5 лет назад

This lottery system is a scam when your odds of winning are so impossible.This system greatly affects people who are really desperate such as low income or the poor.

@willrose5424 5 лет назад

Yeah, they must be bad at math

@niyawilliams2.021 4 года назад

Not really you just have to be good with numbers. You have people who won multiple times.

@josecarrillo3820 4 года назад

I'm poor and desperate lol

@ravindranathchowdary6358 3 года назад

At the same time what if poor wins jackpot 🤣🤣🤣

@valerieaustin2565 3 года назад

I know right

@societynewsnetwork5973 5 лет назад

I still go by the slogan. Somebody's gonna win, might as well be me😂

@BeyondFrenemies 4 года назад

I hope everyone who reads this has an incredible rest of 2019 & an awesome 2020 ❤

@newmove7068 4 года назад

Wish you and your family the same 🤗🥂

@BeyondFrenemies 4 года назад

@@newmove7068 🙏 Thank you 🙏

@deadliza2034 5 лет назад

Most of the lottery cash set aside for schools goes into a General Fund which can be used for anything the state wants , so they really shouldn't be claiming they're helping fund education.

@guy_5108 5 лет назад

This whole video seems like an ad. Ads are getting more and more clever. Instead of interrupting your regular content they want to be your regular content.

@mrike5651 5 лет назад

james berczynski just imagine Miami dade and the people who pay for the county.

@HarryRacer18 4 года назад

Not true for all states and especially Florida. By law, Florida profits from the lottery after expenses goes to schools, all of it. Zero goes into general funds or other funds. What the school boards do with it after assigning what school gets it, is up to the school districts. This includes universities and colleges. Florida doesn’t have a personal income tax and lottery purchases are not sales taxed.

@shahzadsaim1106 Год назад

@joshuapadiernos7910 3 года назад

In 2020, Powerball and Mega Millions minimum jackpot switching temporary to $20 million during the Coronavirus Pandemic.

@austina4189 5 лет назад

I came within inches of winning the $1.5B mega millions jackpot. I bought a single $2 ticket just as my store was closing at 10pm. I got home right after 11pm to a news notification on my lock screen: "buyer of single last-minute ticket in SC wins jackpot" that fit my criteria to the tee, but I was sad to see I hadn't won:(

@Peichen01 5 лет назад

As the American dream is dying the only dream left is winning the lottery

@dutchmaster4309 4 года назад

Seriously

@MooMoo69556 4 года назад

The American dream is alive and well my friend. It’s all about your life choices!

@welliminitnowso 4 года назад

Fact

@marciawalker5302 3 года назад

Find out what numbers have the highest probability of winning at here:- *4 W i n L o t t e r y . C o m*

@ivanchemshirov3640 4 года назад

@CNBC you guys make one of the most impressive and eye opening videos!

@thevapingpolisher9717 5 лет назад

Nothing but a big scam

@guy_5108 5 лет назад

This whole video seems like an ad. Ads are getting more and more clever. Instead of interrupting your regular content they want to be your regular content.

@thevapingpolisher9717 5 лет назад

live life lol not me have never played it

@bobbrawley2612 5 лет назад

With so much money involved. There is a scam in there somewhere. The ball as they tumbled are being scanned . For sure. The scan machine already has all selected ticket numbers. I don't know the scam but there has got to be one

@bobbrawley2612 5 лет назад

life true but when they jacked the price to $2 per number combination for the mega million I pretty much dropped out

@stevostevo5032 4 года назад

@@bobbrawley2612 There is always a SCAM or some form of deceit in anything that involves money. It is the American way. Every business does that. Why do you think they stop you from buying tickets 30 minutes before the drawings. It is to scan all the numbers and come up with non winning combinations.

@stiffjabzz4237 2 года назад

All or most of the money comes from the inner city and the winner usually resides in a small suburb community.

@paritoshjha28 5 лет назад

Hey RANDOM SCROLLER, yes YOU HAVE a great day, never forget how awesome you are and travel more in these beautiful world❤️🌍🎉🎉🗺️💜💕

@Joshua79C 5 лет назад

(flips you off in pig latin)

@garystinten9339 Год назад

It should me mandatory that a broadcast be announced and not extensively but enough for players to be aware.

@dominiclovato4565 4 года назад

So you have sensors watching each ball. Then it picks a ball by random. Ok sounds legit.

@RyanMartinsrjmartins 4 года назад

Hugeeee scam

@correctopinion505 5 лет назад

Of course they would target low income groups. Who's more likely to purchase a ticket for a lottery, someone is already rich or someone who's like could change entirely because of the money?

@80budokai 4 года назад

CNBC, great video! Enjoy your Saturday! 💯🙏🙌

@jithendrakrishnakumar8054 Год назад

That buzzing noise from the phone on vibration mode 😂😂😂

@rackets7991 5 лет назад

Its basic mathematics. 300 million possible combinations says that if everyone in the U.S. bought a ticket there might be a winner.. The reason no one wins for 15 - 20 drawings is the odds are astronomical against you..

@litojonny 5 лет назад

there's nothing wrong with playing the lottery isn't just when it becomes an addiction and you spend your money like crazy on it

@takohma1056 5 лет назад

litojonny I agree. I only play when it’s at least half a billion. Or close to it. And that’s usually with and left over cash I got laying around in my car lol.

@a-drewg1716 5 лет назад

seriously though I always have like $2 in change in my car which I am never gonna use because I don't carry loose change so when it gets that high it is just a flat who knows what might happen so I might as well.

@theshark84724 5 лет назад

Great lottery info. Thank you CNBC

@shaquichapman4731 5 лет назад

Don't care what no one says i will win big some day!

@mosescooley 5 лет назад

Me too. Check back in with me when we win.

@empress3112 4 года назад

Me too I know. It

@essentialdang 5 лет назад

Interesting video. I'm really impressed by the content CNBC is putting out, really top quality.

@ll8937 5 лет назад

The poorer American gets the faster the Jackpots Grew

@angelgjr1999 5 лет назад

Incomeking Rarely. And 2$ for them is nothing. A person making 7.50$/hour will buy the ticket, but spent a higher percentage of their income on lottery.

@Benz1659 5 лет назад

The lotto's new slogan - "Jackpots: Filled by Desperation!"

@KevinP32270 5 лет назад

They collected 80 BILLION IN 2018 and only paid out 1.6 BILLION??? Now that's a great return on your investment.

@dennisgrant4266 5 лет назад

Just the American Dream. A ray of hope, just a ray.

@madvidz9819 5 лет назад

publsihers clearing house must be exempt from federal trade commission as well lmao

@ravisriram6746 5 лет назад

I think the lottery's fixed, personally.

@conniesmith8365 5 лет назад

Me too! The lottery has gotten greedy about their prizes so I quit wasting my money on the lottery. Instead I save whatever I used to spend, now I have more money for necessities. Why give the lottery any money at all because here in Kentucky, nobody ever wins the jackpot and if any one wins on scratch offs, it's in Louisville or Lexington not in poorer counties. The lottery knows exactly where the big prizes are on the scratch offs are located. If they didn't how could they tell the police how much was stolen from a gas station when it's robbed? They couldn't, but they do just that. They told the police that $1000 worth of winners were stolen in a Louisville robbery. The lottery is a scam!

@teshomevaughn4162 3 года назад

It is

@romiagua2746 2 года назад

Muito bom 👍. Em um país onde ser rico não é vergonhoso e nem perigoso tá gosto jogar....🍀🍀

@yli5531 5 лет назад

10:37 this is the most insightful part of this video

@klimankhmeron7636 3 года назад

The gaming addiction program can be short and effective if they just told an addict the truth," the draws are fixed". Done

@30jersey478 4 года назад

I don't play the lottery but I did get money for college thanks to the Georgia HOPE scholarship and the individuals that fund it playing the lottery.

@NaseemKhan-yq2ql 3 года назад

I love the Trinidad Lottery. There are a total of 4 open numbers. It's fun to make numbers.It is a matter of luck whether or not to get the number.

@roldophemetelus7941 2 года назад

Good morning,so my name is Métélus Roldophe,I am from Haiti. Mega million is,according to me,a very good game the world,so Iove it so much,thank you

@michaelgray1803 5 лет назад

All the money should be paid out back to the players more smaller winners

@LegendNinja41 5 лет назад

That's not how it works in vulture capitalistic america.

@nandathakur8310 4 года назад

NandàKishorThakur.megmillion.draw.dat.24.9.2019.wenig.namber.6.14.24.42.onlion

@colinsilver1041 5 лет назад

I've always found the lottery unethical. I wouldn't buy one, because I can do math.

@native2704 5 лет назад

If you do math that means logically you understand the probability of wining the lottery. Which should help you pin point the location or even number of that max probable wining chance and not call it unethical. the only unethical thing about playing the lottery is the transparency problem like not manually selecting wining numbers and etc..

@societynewsnetwork5973 5 лет назад

But somebody will win. And that person or persons will laugh in your face while boarding their private jet

@Samantha-sk5uz 5 лет назад

It's improbable but still possible to win.

@m2heavyindustries378 4 года назад

To be fair if they don't understand that 1 in 300M are impossible odds then they don't need the money anyway, leave it for the rich to enjoy

@TheAGODAMI 3 года назад

@@kevinwest3689 🎯 👏 💯 💰 **FoR the mosT paRT weLL puT.!*

@pierreferguson5257 5 лет назад

Interesting and informative.

@hyouzanren1846 5 лет назад

These make people keep the mass dreaming through hardship by a promise "one day you will win"!😃😃😃

@runcaz7802 5 лет назад

hyou zan ren: And "You can't win if you don't play"

@ThomasOlsenJr76333 5 лет назад

@@runcaz7802 1/303 million... good luck!

@marcusrichburg5280 3 года назад

that would be me and public gets a laughter

@jvyeknom 5 лет назад

It's like Dave Ramsey says that the lottery is a tax on the poor.

@CrescentSword 5 лет назад

Detroit alone spends 300 million a year on lottery tickets. So that's 100 million a year to the state' school system fund, but .....

@rufinocruz157 3 года назад

Hoal mi amigo comoesta que dios tebediga de costa ruca

@iivv_nn 4 года назад

I bought like three tickets in my life.

@Zones33 2 года назад

I wish there was a TV show following lottery winners and their winnings

@WhatTheHellRachelle 5 лет назад

This video was made in 2019, lottery tickets are $2 each, not $1.

@shirleywong4333 4 года назад

its 8 here in fiji a ticket

@WarriorsPhoto 5 лет назад

I grew up in a family home that gambled like this all the time and thought they would make it one day. Instead of honest work. It’s all good as they set a wonderful example for me. Thankfully, I saw how this never worked and learned otherwise.

@cesarinho22584 5 лет назад

In Guatemala you can become millionaire if you are owner of a lottery, because poor people rather buy lottery tickets instead of buy food

@WarriorsPhoto 5 лет назад

CES Same as the USA. ;)

@jkkic426 4 года назад

The Beginning of wisdom!!!

@missfoster9986 3 года назад

Find out what numbers have the highest probability of winning at here:- *4 W i n L o t t e r y . C o m*

@Raylor 5 лет назад

just play CNBC videos on your senior year of high school to become informed. awesome content guys.

@mrike5651 5 лет назад

Raylor my teacher did that that why I don’t play

@devinelove2824 3 года назад

The taxes on winnings are DISGUSTING

@KevinP32270 5 лет назад

What's with the 1 cent unclaimed?????

@meatslammcdoodle7402 5 лет назад

Yeah I wonder how that can be. Who's getting that? GIVE IT TO ME!!!🤑🤑🤑

@boskostoybox 3 года назад

Superman 3. Or watch Office Space

@SajidToppa 4 года назад

Error: NYS retailer's make 6% commission, not 16% commission.

@vmonkey11 5 лет назад

Music is annoying.

@mieshaswoopes9078 3 года назад

I am a lottery jackpot winner! Thank you. CA Lottery 🤑🥳🤗💯

@i000_ 5 лет назад

🤔 "Going to education", but students are constantly getting stupider 🤨

@i000_ 5 лет назад

@@diamondwave100 Shows how stupid you are! Regurgitating stupid studies that doesn't mean sh*t. live in the real world and you'll see!

@m2heavyindustries378 4 года назад

Keep telling yourself that peasant, I'll be having my sparkling wine in my NYC apartment

@welliminitnowso 4 года назад

😂

@nickc3657 5 лет назад

A tax on those who didn’t pay enough taxes to be educated. (That is, school funding is tied to property taxes)

@isabellakerr2966 5 лет назад

Property taxes which go for schools are a robbery. Why the property owners including those who have never had any children have to pay for schools?. The schools should be financed by states and taxes.

@iRyanMusic 5 лет назад

Great content!

@satyajeetthabe129 5 лет назад

I think Lottery is only place in the world where everyone is equal.....no partiality at all...❤

@FYMASMD 5 лет назад

Lottery=tax on fools. Lots of fools out there. Lots.

@Sadin15 5 лет назад

A tax on poor

@nightfangs2910 5 лет назад

There's a sucker born every minute .... P T Barnum

@glocknineteen9190 4 года назад

I'm right Sometimes 😴😴😴😴😴😴😴😴😴😴 😴😴😴😴😴😴😴😴😴😴 😴😴😴😴😴😴😴😴😴😴 😴😴😴😴😴😴😴😴😴😴

@boitumelomatsho6874 2 года назад

If you've got a problem with the lottery, you got a choice not to play, so STOP blaming the lottery

@robreber9355 Год назад

In Canada the lottery is run by the government so they control everything that happens. They used to show the numbers drawn but the current government stopped showing the numbers drawn but they show a video of it being drawn at a later time. So who knows if it is real or rigged. They could just be showing numbers that they gave to someone and told them to pick and then draw them so they win. It just seems funny that only two provinces in the east of the country have won 60 65 and 70 million dollar jackpots until just recently and that is because a lot of the people out west have stopped buying tickets and have been complaining about the lottery corporation and that the east only wins.

@robreber9355 Год назад

Also the 70 million that was won out west was actually won by someone from out of the province they bought the ticket in

@budger4860 4 года назад

If society is concerned about the extreme and rising wealth concentration why not have much smaller jackpots with many more winners instead of concentrating so much money into 1 jackpot. The lottery as it is makes the wealth gap even worse

@patrickwall7103 4 года назад

Good Investigation 👍

@Robertmacmedia 5 лет назад

When lottery get over 20 million there should be 2 top prizes and continues at every 20 million increments

@Joshua79C 5 лет назад

Second level prize is 1M or 2M if the multiplier is played.

@EVILBUNNY28 4 года назад

Earlier in the video you stated that anyone can play, even if they're not a US citizen so long as the ticket is bought in the US. If you look at the graph at 9:05 how much of the winnings would a foreigner take home if they won? Will the US government take a slice of the money? Or would it solely be taxed by the winner's country's discretion?

@clakisonshenkshenk522 2 года назад

Muito lindo gostei ficou beleza gostei

@fajararianto5791 4 года назад

Please add subtitle. Thank you.

@jonathansavage9843 4 года назад

Dreams come true.

@MyLifeOfficial 5 лет назад

No tax in the UK for lottery winnings!!!! 🤞

@steveshao24-77 3 года назад

Finally RU-vid’s recommendation timing is perfect for 2021 now at $750 mil!

@spongebob6956 5 лет назад

If I win the lottery Imma marry a beautiful white woman from church and name our kids Donald and Hillary

@oswaldo9127 5 лет назад

Save your money!

@SportsIncorporated 5 лет назад

This was the perfect news item. Totally comprehensive.

@auro1986 5 лет назад

why do you sell so many tickets if winner of the highest amount will be just one?

@jacquelynrobbins2643 2 года назад

I'm a Georgia 🇬🇪 lottery winner. Release it in the atmosphere. Be blessed 🙌 everyone.

@MrVnick1 5 лет назад

Lotto= “Poor people tax”

@ValleyoftheRogue 5 лет назад

No, it isn't, moron. Poor people have no funds to buy lottery tickets.

@MrVnick1 5 лет назад

Susan Nunes your local educated moron here, yeah because people making ~$150k (middle-upperclass class) play the lottery. Look at casinos for example they’re filled with lower middle class. I’ve also sold hundreds of lottery tickets, many are lower middle class.