The fever over big lottery jackpots is cooling as huge payouts become more common, and lose their once-in-a-lifetime cachet. What's more, the growing casino scene is muscling in on the lotto's territory -- casinos offer a better chance of winning, in a more electric atmosphere than your local 7-Eleven.
The longest shot at a casino carries odds of about one in 40 million—California's Mega Millions is pegged at one in 175,711,536. The San Diego Union-Tribune reports California lotto sales are down, and the Governator has mused about privatizing the lottery to increase efficiency. “The lottery used to be the only game in town, and people only have so many gambling dollars to spend," says one expert. (Read more casino stories.)