‘Could there be a $1 billion jackpot?’

CNN

August 8th, 2013 by 

The size of U.S. lottery jackpots is growing as game mergers and ticket price increases drive amounts higher, CNN reported this morning. Victor Matheson, associate professor of economics at the College of the Holy Cross, commented on what was contributing to this growth as the prize reached its third-highest jackpot in history.

“In the last couple years, there has been a merger between the MegaMillions and the Powerball, and now you can buy both in just about every state in the United States, which gives you a much bigger pool of bidders which makes the jackpot pool a lot bigger as well,” says Matheson. “Powerball, at the same time, doubled the price of their tickets from $1 to $2.”

    For additional information, please contact Bridget Cass at 508-793-2419.

    | More

    Comments are closed.

    Sort By:
    or
    11/25/14 Santander Renews Support for International Study Programs at Holy Cross
    11/24/14 Holy Cross to Celebrate the Holiday Season with Tree Lighting and Advent Festival of Lessons and Carols
    11/21/14 Photo Gallery: Women in Business Conference Perfect Opportunity for Alumnae, Students to Network
    11/20/14 Vice President for Mission Named at Holy Cross
    See All
    See All

    Featured Videos

    See video
    Video, Photo Gallery: Students Meet With Neil deGrasse Tyson in Exclusive Seminar

    Watch Video >
    See video
    Video: Fall Foliage Makes for Breathtaking Scenes on Holy Cross Campus

    Watch Video >
    See video
    Artist-in-Residence Cristina Pato and Renowned Composer Osvaldo Golijov to Lead Concert and Panel Discussion

    Watch Video >
    More

    What’s Happening on Campus

    12/04/2014

    Christmas Tree Lighting presented by the Purple Key Society

    See More >
    12/11/2014

    College Choir and Chamber Singers Present Advent Festival of Lessons & Carols

    See More >
    More

    Holy Cross in the News

    11/19/14

    ‘Remembering The Jesuits Whose Murders Brought An End To Salvadoran Civil War’

    WBUR

    WBUR, Boston’s NPR news station, reported from San Salvador, El Salvador, during the commemoration of six Jesuit priests murdered by the Salvadoran army 25 years ago in the...

    11/14/14

    ‘Astrophysicist Tyson sells spirit of science: Cosmos superstar shines at HC’

    WBUR | Telegram & Gazette | Worcester News Tonight

    Astrophysicist Neil deGrasse Tyson lectures to a packed house at the College of the Holy Cross last night, where more than 2500 people were in attendance.  The talk, titled...

    11/07/14

    Biology Professor’s Research on Extinct Dodo Bird Makes International Headlines

    International Business Times | Yahoo! News | Wired

    With new insight on perhaps one of the most distinguished animals to have gone extinct in human history, Leon Claessens, associate professor of biology at the College of the...