Squandering all that money is easier than it seems.
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The Mega Millions lotto pot for Jan. 15 is the second largest it’s ever been. Taxes on the lotto go to state governments, but often the money isn’t spent in quite the way it’s supposed to be.
The lottery’s jackpot has swelled to that eye-watering sum, but research suggests hopeful ticket holders should be careful what they wish for.
Lotteries purportedly generate money to support public education. Jackpots are getting bigger and bigger – but states don’t seem to be spending any more on education.
