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How winning $1 billion in Mega Millions could lead to bankruptcy

  • Written by Jay L. Zagorsky, Adjunct associate professor, Boston University

The U.S. Mega Millions lottery is holding a drawing on Oct. 19 for a jackpot that’s swelled to US$1 billion after the 24 drawings held since the end of July failed to yield a winner.

This princely sum is drawing such attention that more people are buying tickets, and even the lottery’s own projections are changing rapidly. On Oct. 17,...

Read more: How winning $1 billion in Mega Millions could lead to bankruptcy

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