LOTTERY

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.

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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.

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  • 10 Most Spectacular Lottery Burnouts
    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. See more »

  • How Lotteries Work
    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. See more »

  • Would you lose it all if you won the lottery?
    Would you lose it all if you won the lottery?

    Hooray, you’ve won the lottery! Sayonara cash-strapped days, hello multimillion-dollar payout! Can you manage to hang on to your winnings, or will you become a lottery loser? See more »

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