The Indicator from Planet Money cover image

The cost of living, lead pipe removal, and a more expensive Mega Millions

The Indicator from Planet Money

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The Price Surge of Lottery Tickets and Community Benefits

This chapter delves into the recent doubling of Mega Millions lottery ticket prices to $5, examining the factors driving this change, such as increased player demand and enhanced jackpots. It also highlights how the revenue from ticket sales supports community initiatives, even making non-winning tickets feel more valuable.

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