Mega Millions: Media Reports Confirm That People Like Money
BREAKING: Media outlets are now reporting that people like money -- and might even participate in inexpensive lotteries to win large sums of it.
The news comes in light of tonight's Mega Millions drawing. The winner of the record-breaking contest will get a $640 million payout. Tickets cost $1 per play. People have bought these cheap tickets even though they might not win, according to sources.
Many media organizations corroborate these initial reports: "Mega Millions: Odds of winning jackpot don't deter players" (from the L.A. Times); "Mega-long odds for winning record jackpot, now at $640 million" (Fox News);"Mega Millions frenzy: Can you ever beat the lottery's long odds?" (Washington Post); "Mega Millions madness takes over with $540M pot" (Detroit News); "Record $540 million Mega Millions jackpot has people buying tickets, but odds of winning long" (also from the Washington Post); and "Record $640M jackpot sparks Mega Millions mania" (CBS).
Another report from Fox, "Mega Millions fever: Why we go nuts over lotto" tries to explain this behavior.
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One expert tells the network that "the unpredictability of it all" is "healthy fun."
MSNBC has more on this phenomenon: "'Usually, the larger the rewards and the lower the cost of buying lotteries, the greater the participation -- however the lower the winning probability,'" an economist tells reporters.
Check back to Runnin' Scared for developments on this story.
Follow Victoria Bekiempis @vicbekiempis.
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