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Taxpayers must pay the freight for over-budget train projects
Topic - Charles Strutt
The $400 million Powerball lottery drawing scheduled for Wednesday is on track to be the fourth largest jackpot in history and just the latest in a series of record-breaking prizes won in the last two years.
For the past month, Virginia has been awarding new Powerball millionaires on an average rate of twice a week.
"Part of the fatigue is certainly due to ever-increasing jackpots and part of it is due to public attitudes about what it takes to be wealthy," Mr. Strutt said. "Lotteries are considering other ways to capture consumer interest for the big jackpot games. At the jackpot levels the Powerball and Mega Millions often reach today, it becomes even more important to find new ways to attract the attention of consumers."
Charles Strutt, executive director of the Multi-State Lottery Association, said the trend is called "jackpot fatigue" and has been around for two decades.