lottery

  • A New York man holds his power ball tickets ahead of Wednesday's drawing. Sadly, he didn't win. Photo by Brendan McDermid/Reuters
    February 8, 2015  

    Wednesday’s Powerball jackpot has spiked to more than $450 million and is likely to grow. The prize is expected to boost sales this week, but ticket buying has reportedly dropped 35 percent since 2013, which is putting state budgets on the losing end of the lottery system. Ben Leubsdorf of The Wall Street Journal joins Alison Stewart from Washington to discuss the pitfalls of Powerball. Continue reading

  • NEWSHOUR WEEKEND
    November 23, 2013  

    Credit unions in four states offer a lottery that gives savers the chance to win small monthly prizes or a yearly grand prize — even if you don’t win you get to keep the money you put in, plus interest. Supporters of this approach say it appeals to low and moderate income households; who have a harder time building assets. Continue reading

  • March 30, 2012  

    You’re 17 times more likely to get hit by falling airplane parts and 50 times more likely to be struck by lightning than win Friday night’s much-hyped Mega Millions lottery drawing. Jeffrey Brown reports on the frenzy surrounding the largest jackpot in history and what some say they’d do if they won the estimated $640 million. Continue reading

  • May 23, 2011   BY Paul Solman  

    Paul Solman answers questions from NewsHour viewers and web users on business and economic news most days on his Making Sen$e page. Here’s Monday’s query: We received a fascinating email in response to last week’s installment of Tuesday’s Tool$, an … Continue reading

  • May 23, 2011   BY Paul Solman  

    We received a fascinating email in response to last week’s installment of Tuesday’s Tool$, an online ‘game’ called “Spent.” Yan wrote: That wasn’t a game, that was more like a questionnaire. (Note: I live in Asia) I still have little … Continue reading

  • July 24, 2009   BY Business Desk 

    Question: No one wants to pay higher taxes. But at the same time, many people don’t think twice about spending a few dollars a week on a lottery ticket. Why doesn’t the government set up a National Lottery to supplement … Continue reading