Can lottery jackpots be capped?

J

Julio88

Guest
Yes, lottery jackpots can be capped. Lottery jackpots can be capped either by the lottery provider itself or by the individual state or country in which the lottery operates. Capping the lottery jackpot can help to ensure that the jackpot does not get too large and unmanageable, as well as helping to ensure that the lottery is run in a responsible and fair manner. For example, the Powerball lottery in the US has a cap of $2 Billion.
 
It is possible for lottery jackpots to be capped, though the specific rules vary from state to state. For example, in California, the Mega Millions jackpot is capped at $30 million. If the jackpot reaches this amount and there is still no winner, the excess money is distributed among the winners of the lower prize tiers
 
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