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Powerball used to have a jackpot limit. Then it exploded

Por: CNN Business November 08, 2022

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New York CNN Business  —  The is expected to hit $1.9 billion for Monday’s drawing, making it the largest lotto prize ever. But in 1987 when Lotto America, the precursor to Powerball, was introduced, organizers prohibited jackpots of more than $80 million. “There were concerns about what you could do with that money — like buy a small country or something,” Ed Stanek, director of Lotto America, said at the time. Lottery frenzy had... + full article



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