$1.5 Billion dollars spent on lottery tickets

Discussion in 'Economics' started by peilthetraveler, Mar 31, 2012.

  1. http://news.yahoo.com/record-mega-millions-numbers-2-4-23-38-031533994.html

    I estimate that between $600 and $900 million of that was spent since Tuesdays drawing. They said if nobody won, then on April 3, the drawing will start at $975 million.

    Hard to believe that in this economy Americans can put together nearly a billion dollars in a few days. Thats more than the entire GDP for 2011 of the country of Vanuatu.