Money for Nothing
The lure of the lottery is powerful — especially now that the Powerball jackpot has reached $1 billion ahead of Wednesday's drawing, making it the third-largest jackpot in Powerball history. Just pony up a few bucks for a ticket while you're buying that coffee at the corner store and a few days later, all your dreams could come true. That line of thinking compels U.S. consumers to spend more on lottery tickets than books, movies, video games, sporting events, and music combined. In total, we spend more than $105 billion a year on a fantasy that likely won't come true. And for the tiny minority who beat the odds, the dream sometimes becomes a nightmare.