Powerball Jackpot Grows Faster Thanks to Californians
A few weeks ago California joined the Powerball and within its first three days sold a record $8,408,180 worth of tickets. According to a California Lottery news release it’s “an all-time record for any new Powerball member.”
Of course, the increase in sales results in an increase jackpots. A week ago the jackpot was $80 million and soon increased to $95 million then $116 million, a faster increase than ever seen before.
While California is just one of 43 states in the Powerball, it holds around 12% of the US population. The impact of the state is just as Chuck Strutt, the executive director of the Multi-State Lottery Association, predicted.
Earlier this month Strutt said “The average jackpot hit will stay the same … but long-term, the jackpots will grow faster. With California the number of jackpots won per year will go up 1.5 jackpots.”
If the jackpot goes wild again, as in November when it increased from $225 million to $587 million in just a few days, then the effect of California is likely to be massive. On the other hand, by having more players involved, it’s possible that a Californian player would win before the jackpot has a chance to skyrocket.