State Lotteries

The Lottery Channel discusses how lotteries were formed, how they work as state revenue sources and how your life could change with a few lucky numbers.


Are people who win the lottery really any happier?

It's hard to resist buying a ticket when the potential winnings are in the millions. But for how many lottery winners do those bucks translate into happiness? It's not so easy to determine. Here's what we know.

10 Most Spectacular Lottery Burnouts

Winning the lottery seems part of everyone's daydream. But many winners say it actually becomes a nightmare. Why does it all go wrong? Here are some of the most spectacular flameouts we've come across.

How Lotteries Work

Ever wonder how to calculate your chances of winning all that money? Does it seem strange that a $10 million jackpot turns into a $2.5 million payout? Get the lowdown on the lotteries -- from the odds to the payoffs.