Cohen emphasizes the intriguing psychological reaction to a lottery jackpot exceeding a billion dollars, questioning what happens when such astronomical amounts become commonplace in society.
With the Mega Millions ticket price increase to $5 in April, officials anticipate this will lead to improved odds and larger jackpots, a shift venerated by lottery enthusiasts.
By tracing the history of lotteries, Cohen highlights their longstanding role in society from ancient Rome to modern America, reflecting changing attitudes towards gambling and state funding.
As lotteries evolved from a popular means of public funding, Cohen points out the historical acceptance by figures like Jefferson, contrasting it with its decline due to fraud concerns.
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