Powerball Lottery has Dangerous $195 Million Jackpot Lure
Shelby Lee Walsh — May 21, 2009 — Business
The Powerball lottery has just gotten larger. All you need are the winning numbers to win a whopping $195 million jackpot and you can turn your recession woes into cold hard cash (and then burn it just for fun).
While the hopes of many are high, the chances of reaping the rewards of the Powerball lottery are exceedingly low. $195 million is a gambler’s wet dream and temptation to buy is almost inevitable, regardless if you are a Powerball player or not.
The recession does not seem to be hurting sales for Powerball and while it is nice to have hope during times of economic despair, I think gambling may become a dangerous place to misplace that hope.
While the hopes of many are high, the chances of reaping the rewards of the Powerball lottery are exceedingly low. $195 million is a gambler’s wet dream and temptation to buy is almost inevitable, regardless if you are a Powerball player or not.
The recession does not seem to be hurting sales for Powerball and while it is nice to have hope during times of economic despair, I think gambling may become a dangerous place to misplace that hope.
Trend Themes
1. Increased Gambling - Opportunity for businesses to capitalize on the growing trend of increased gambling during times of economic despair.
2. Lottery Jackpot Temptation - Potential for innovative marketing strategies to tap into the irresistible lure of large lottery jackpots during a recession.
3. Rise in Economic Despair - Opportunity for businesses to provide solutions and support for individuals dealing with economic despair during a recession.
Industry Implications
1. Gaming and Entertainment - Increasing demand for gambling and lottery-related products and services during economic downturns.
2. Marketing and Advertising - Innovative marketing strategies to capitalize on the strong allure of large lottery jackpots during times of economic despair.
3. Mental Health and Well-being - Growing market for support services and solutions to help individuals cope with the emotional and psychological impact of economic despair.
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