Tim for Governor just scored big. After initially being rebuffed Massachusetts Lottery players will now have big jackpot opportunities four out of five nights a week. Powerball is coming to Massachusetts.
Powerball officials voted Wednesday to let Massachusetts begin offering the game, which could bring in between $25 million and $40 million annually for cities and towns.
he revenue estimate range is so large because of the game’s rich prizes, which can soar into the hundreds of millions. It hit a record jackpot of $365 million in 2006.
Cahill’s coup comes as Beacon Hill budget scribes this week estimated a grim $600 million revenue shortfall for this fiscal year.
“This is a great bonus,” said state Senate Ways and Means chairman Steve Panagiotakos (D-Lowell). “Money found is better than money lost, especially these days.”