Floors in Pricing. A price floor is the lowest amount at which a good or service may be sold and still function within the traditional supply and demand model. Prices below the price floor do not result in an appropriate increase in demand.
Finally, MEGA MONEYâ¢ was introduced in 1998. In July 2008, the Lottery announced that it would join the Multi-state Lottery Association (MUSL) and launch POWERBALLÂ® in early January 2009. The instant-win game LUCKY LINESâ¢ launched in October 2010 and ended prior to the launch of MEGA MILLIONSÂ® in May 2013.
NY State Lottery. Current Games: Midday Numbers, Midday Win 4, Numbers, Win 4, Take 5, Pick 10, New York Lotto, Sweet Million, Mega Millions and Powerball. The New York State Lottery was established by the state constitution in 1966, the lottery was launched in 1967. In May 2002 The Big Game was renamed to Mega Millions when the New York Lottery and Ohio Lottery joined. The NY Lotto record prize is $65 million, won by a single player on June 30, 2007.