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Falling sales lead to withdrawal of guaranteed multi-state lottery jackpots

8th April 2020 8:05 am GMT

Social distancing measures to limit the spread of the Covid-19 virus have highlighted US lotteries’ reliance on retail sales, with the multi-state Powerball and Mega Millions games no longer guaranteeing minimum jackpots due to falling sales.

The change to the Powerball jackpot is the second in as many weeks following the decision in late March to halve the staring jackpot to $20m. This guaranteed starting jackpot has now been withdrawn altogether, with future jackpots to be [...]

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