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.
‘Exploring an Institution’s Roots: Board Members Walk in a Saint’s Footsteps’
In the January/February issue of Trusteeship Magazine, Rev. Philip L. Boroughs, S.J., president of the College of the Holy Cross, reflects on the pilgrimage he led with a...02/12/15
‘The best U.S. colleges for a major in English’
USA Today reports that the College of the Holy Cross ranks ninth in the top ten places to get an English degree in the U.S. The list, generated from College Factual, is a...02/12/15
Holy Cross Among Top Producers of Fulbright Students
The Chronicle of Higher Education
The College of the Holy Cross is once again among the liberal arts colleges with the highest number of Fulbright students, according to The Chronicle of Higher Education,...