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How Trump’s tax policy improved the incentive to buy lottery tickets

Source: finance.yahoo.com - Jan 14, 2021

President Donald Trump’s second impeachment begins Wednesday for his role in inciting an insurrection at the Capitol on Jan. 6, adding another ignominious stain to his legacy for historians to parse.

But another bit of the Trump legacy is on display this week as well, as the country’s two biggest lotteries swell to $550 million for Powerball and $750 million for Mega Millions, which draw on Wednesday and Friday, respectively.

Because of Trump, lottery math has changed, making a lower jackpot more mathematically advantageous and more attractive to play.

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Category: General Business