California Lottery Believes in Powerball—Despite Odds and Taxes

Californians won over $2.5 billion in lottery money last year, but courtesy of a unanimous vote of California’s Lottery Commission, we now have Powerball too. With six of the 10 biggest jackpots in the country, Powerball super-sizes the Golden State.  Forget SuperLotto Plus and Mega Millions. A $2 Powerball ticket competes for $40 million, an amount going up $10 million for each drawing without a winner. See Powerball added to California lottery lineup.

http://www.forbes.com/sites/robertwood/2013/04/12/california-lottery-believes-in-powerball-despite-odds-and-taxes/

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