Another temporary change has been made to Powerball jackpot rules due to the lack of ticket sales during the COVID-19 pandemic.
“As a multistate game, Powerball’s game design was based on national population levels and known sales trends,” explained Louisiana Lottery President Rose Hudson. “State lotteries – like so many other industries across the globe – are having to re-evaluate products and business models in response to massive shifts in consumer behavior during this unprecedented health crisis,” said Louisiana Lottery President Rose Hudson.
Previously, the Multi-State Lottery Association had changed the starting jackpot amount to $20 million instead of $40 million due to a lack of ticket sales. The latest policy change will increase the jackpots based on sales and interest rates as opposed to an arbitrarily set minimum amount for each increase.
Officials say these changes are only temporary and they hope to return to normal operations after the pandemic. The new rules go into effect after the drawing on Wednesday, April 8th.
Source:
