Mega Millions: “999” signs show limits of luck, belief (comments by Emily Oster)

October 26, 2018 The Mercury News

Professor of Economics Emily Oster writes, “Lottery jackpots are overwhelming played by low-income Americans, studies show. In fact, the lottery jackpot only becomes ‘progressive’ — meaning that high earners spend more on tickets than more than low earners — when the jackpot is at least $806 million or more."

Mega Millions: “999” signs show limits of luck, belief -- The Mercury News