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.
In November of 1992, 63 percent of Nebraska voters approved a constitutional amendment authorizing the creation of a state lottery. The Nebraska Lottery was created by LB 138, passed by the Nebraska Legislature on February 24, 1993. When the Nebraska Lottery began, it was the 37th lottery in the United States. The Nebraska Lottery sells $1, $2, $3, $5 and $10 Scratch tickets, and offers Lotto games such as Powerball, 2by2 and Nebraska Pick 5. Scratch ticket sales began on September 11, 1993, and Lotto ticket sales began on July 21, 1994.