LAS VEGAS (KLAS) -- Nevada doesn't have a state lottery and likely never will. So, what happens if a Nevadan drives across state lines to nearby California or Arizona, as many people do, and buys the winning ticket for the nearly $1B jackpot?
It's a tempting thought after Wednesday's drawing failed to produce a jackpot winner. A winner in the upcoming Saturday drawing can choose between an annuitized price of $950 million or a lump sum of $428.9 million, before taxes. We'll get to what the better option is later in this story.
Powerball tickets cost $2 per play and are sold in 45 states, but Nevada doesn't play Powerball or any state lottery. It's actually written into the Nevada Constitution based on a law passed in 1864 forbidding the sale of lottery tickets. The law was revised in 199