The Cost of Lottery Tickets Is Rising, Along With the Billion Dollar Jackpots
WSJ Your Money Briefing
The Wall Street Journal
4.1 • 1.7K Ratings
🗓️ 23 October 2024
⏱️ 8 minutes
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| 0:00.0 | exchanges, the Goldman Sachs podcast featuring exchanges on rates, inflation and US |
| 0:11.2 | recession risk exchanges on the market impact of AI. |
| 0:15.0 | For the sharpest analysis on forces driving the markets and the economy |
| 0:20.0 | count on exchanges between the leading minds at Goldman Sachs. |
| 0:24.0 | New episodes every week. |
| 0:26.0 | Listen now. |
| 0:27.0 | Here's your money briefing for Wednesday, October 23rd. I'm Ariana Spoodoo for the Wall Street Journal, filling in for J.R. Wayland. |
| 0:40.0 | Lottery players are now paying attention to more than just their lucky numbers. |
| 0:48.0 | As the price of a ticket to play mega millions and bag a billion dollar jackpot is about to more than double. |
| 0:55.0 | Why? Not enough people are buying tickets that would make them just a millionaire. |
| 1:01.0 | A million dollars is worth a lot less than it used to be because of inflation and the cost of living, |
| 1:06.3 | but it's also a factor of the time and Billionaire is becoming a bigger part of our jargon as a society. Part of that is people can fantasize |
| 1:15.7 | about being a billionaire because it's more common to hear about billionaires. |
| 1:19.5 | Our personal finance reporter Catherine Hamilton joins me to talk about the new math and psychology of playing the lottery. |
| 1:27.0 | That's after the break. AI may be the most important new computer technology ever, but AI needs a lot of |
| 1:37.6 | processing speed and that gets expensive fast. Upgrade to the next generation of the |
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| 1:55.2 | mosaic. Take a free test drive of OCI at oracle.com |
| 1:59.2 | com slash Wall Street. Oracle dot Oracle. It's getting more expensive to buy that ticket to a billion dollar dream. |
| 2:13.0 | W.S.J. Personal Finance reporter, Catherine, |
... |
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