Take Two for April 8, 2013

Powerball madness comes to California


SAUL LOEB/AFP/Getty Images

A Powerball lottery ticket for the estimated record 425 million USD jackpot prize, Powerball's biggest winnings ever, is seen in a convenience store in Washington on November 26, 2012. The previous drawing resulted in no winner, setting up for the record setting prize when numbers will be drawn on Wednesday. Tickets are sold in 42 US states, Washington, DC, and the US Virgin Islands.

Today, California becomes the 43rd state to join Powerball, the game with six of the 10 biggest U.S. jackpots ever. This morning, wanna-be millionaires started lining up outside store to buy tickets. 

With more on what California's participation means for the state — and for the game — is Rich McGowan, who writes extensively about state lotteries as an economics professor at Boston College.

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