The Baltimore Sun: Lured by high payouts, Marylanders turn $30 lottery ticket into top seller

“… But experts say there is no winning formula in the long run. They say the $30 ticket may present players better chances than lower-priced games, but the odds are still with the lottery. ‘I suppose at one level it is a better deal,’ said George Loewenstein, a professor of economics and psychology at Carnegie Mellon University. ‘But depending on how often one plays, you are getting into amounts that can start to make a dent in an average family’s take-home income, potentially detracting from more important expenditures.'” Read more at the Baltimore Sun.