Oct 23 What the Mega Millions can teach you about investing By Gretchen Frazee People tend to overestimate the likelihood of events that have a low probability, like winning the Mega Millions or investing in the next Apple. Continue reading
Oct 19 How winning Mega Millions could lead to bankruptcy By Jay L. Zagorsky, The Conversation Looking at lottery winners approximately 10 years after winning showed they saved just 16 cents of every dollar won. Continue reading
Jan 12 The chances of winning Powerball are 1 in 292 million. So why play? By Vikram Mansharamani I don’t gamble in Las Vegas to win money — I expect to lose money, viewing it as the cost of entertainment. Continue reading
Jan 09 Some personal finance advice on winning Powerball (or what would Voltaire do?) By Paul Solman As the Powerball pot creeps past $800 million, Making Sen$e asks, what would Voltaire do?… Continue reading
Feb 08 Watch 3:08 The pitfalls of Powerball: Why some states are on the losing end of the lottery system By PBS News Hour 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… Continue watching
Nov 23 Watch Saturday, November 23, 2013 By PBS News Hour Margaret Warner from Geneva, press freedom in China and Save to Win lottery programs. Continue watching
Nov 23 Watch Save to Win: A lottery where you can’t lose 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. Continue watching
Aug 13 Watch Hollywood Ending for ‘Ocean’s 16’ Lottery Winners in Hurricane-Hit Community Hollywood Ending for 'Ocean's 16' Lottery Winners in Hurricane-Hit Community… Continue watching
Mar 30 Watch ‘Buying the Dream:’ Mega Millions Frenzy Escalates as Jackpot Swells 'Buying the Dream:' Mega Millions Frenzy Escalates as Jackpot Swells… Continue watching
Mar 30 Watch Shields, Brooks on Mega Million Numbers and Endorsements Syndicated columnist Mark Shields and New York Times columnist David Brooks… Continue watching