A recent survey conducted by Jackpot, a digital lottery courier, has shed light on the factors contributing to record-breaking Powerball and Mega Millions jackpots.
The survey involved over 1,000 participants and highlighted several key findings:
One significant factor behind the increasing jackpot amounts is the ability for individuals to purchase lottery tickets online.
This convenience has led to a surge in lottery participants, especially among younger demographics who prefer the ease of buying tickets through their smartphones.
Most lottery users prefer to play the lottery on a weekly basis, contributing to regular ticket sales.
The survey showed that the number of people playing the lottery has been gradually increasing over the years.
Despite the availability of online ticket purchases, the study revealed that a majority of respondents (65%) had never bought a lottery ticket online.
Many participants (75%) still preferred the traditional method of purchasing tickets in physical stores.
Interestingly, a significant portion (70%) of respondents were unaware that online ticket purchases were an option, but once informed, 70% indicated they would prefer this method.
Online Powerball sales are currently available in Washington D.C. and 16 U.S. states, including Arizona, Arkansas, Colorado, Idaho, Massachusetts, Minnesota, Montana, Nebraska, New Hampshire, New Jersey, New Mexico, New York, Ohio, Oregon, Texas, and West Virginia.
Another factor contributing to the record-breaking jackpots is the addition of an extra day for Powerball drawings in 2021. Prior to this change, Powerball did not have Monday drawings.
The introduction of a third drawing day has accelerated the growth of the jackpot, providing players with more opportunities to participate in the game.
In 2023, both Powerball and Mega Millions have already seen jackpots surpass the billion-dollar mark multiple times, creating excitement among lottery enthusiasts.
The top 25 lottery jackpots in U.S. history include recent record-breaking amounts, such as $2.0401 billion for Powerball and $1.602 billion for Mega Millions.
Overall, the ability to purchase tickets online and the addition of an extra drawing day have played crucial roles in driving up jackpot amounts and attracting a broader range of participants to these popular lotteries.
Players now have greater convenience and more chances to win life-changing sums of money through these games.