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Lottery ticket sales continue to skyrocket with the third largest prize given away this past Saturday and now there is talk that jackpots could start hitting between $500 million and $1 billion.
A Rhode Island man won $336 million in that state’s Powerball jackpot.
"Could we see even bigger numbers? Anything's possible," Rebecca Paul Hargrove, head of the Multi-State Lottery Association (MUSL), which coordinates Powerball, told USA Today.
"When a jackpot hits $200 million, it becomes water cooler talk and the increase in play is dramatic."
The winning concept, according to Terri La Fleur, publisher of the gaming journal La Fleur’s: Big jackpots drive big ticket sales.
"We envision it can go over $500 million," La Fleur told the newspaper.
- Aaron Goldstein, Gambling911.com
