RICHMOND, Va– They are the two “marquee games” in American lotteries: Mega Millions and Powerball. Each lottery state currently has one, but not the other.
In March, Gov. Jon Corzine announced as part of his state budget proposal he wanted to ad the Powerball to boost lottery revenues. Having Powerball, effective Oct. 1, would have added $40 million to state funds in the fiscal year 2010 however the plan was taken off the table since some member states didn’t sign off, according to Treasury Department spokesman Tom Vincz.
On Tuesday, Oct 13 the Mega Millions consortium and Multi-State Lottery Association (MUSL) have reached an agreement in principle to cross-sell Mega Millions and Powerball in all U.S. lottery jurisdictions.
The agreement means that lotteries from across the United States, and the U.S. Virgin Islands, will be able to choose to offer their lottery players both jackpot games via their respective retailers.
States that currently sell Powerball and other lottery products will have the opportunity to begin offering Mega Millions tickets to their players via authorized lottery retailers. As a result of this agreement, Mega Millions states will then be able to offer the Powerball game to complement their existing game mix. No firm date has been set for implementation, although it is hoped that it could be in early 2010.
Mega Millions is currently played in 12 states including New Jersey. New Jersey’s lottery games, including the multi-state Mega Millions, generate about $860 million a year for education, senior programs and institutions.
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