Virus leads to cut in lot­tery jack­pots

Orlando Sentinel - - BUSINESS -

DES MOINES, Iowa — Hop­ing to es­cape all the coro­n­avirus-caused eco­nomic un­cer­tainty by win­ning a gi­ant lot­tery jack­pot?

Think again. Those jack­pots are go­ing to shrink as the pandemic tamps down lot­tery sales.

The group that over­sees the Powerball game an­nounced Wed­nes­day that it would cut min­i­mum jack­pots from $40 mil­lion to $20 mil­lion af­ter there is a win­ner of the cur­rent big prize.

The jack­pot also could grow more slowly, with min­i­mum in­creases of $2 mil­lion in­stead of the nor­mal $10 mil­lion af­ter each twice-weekly draw­ing.

The other na­tional lot­tery game in the United States, Mega Mil­lions, is con­sid­er­ing a sim­i­lar move.

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