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What Are The Odds of Winning The Powerball Jackpot?

MAStateLottery,flickr

Did you buy your Powerball tickets yet? How many are you going to buy? Before you go out and spend your life savings on tickets remember the odd of winning the jackpot are one in 175-million! Those are huge odds! I remember a math professor in college talked about how if you buy more tickets the odds of you winning actually go down! I don’t remember the formula she put out there but unless you can afford to buy every combination of number, which would cost millions you are better off just buying a few tickets.

With the odds being 1 in 175-million, you are more likely to win an Academy Award, you are 3 times more likely to die from a falling coconut, 7 times more likely to die from fireworks, I could go on and on. When you play do you pick your own numbers or go with a quick pick, most likely you go with the qick pick as 80% of us don’t choose our own numbers.

You should also try to avoid “lucky numbers”, 3-7-11, all numbers that people pick more than any other number. With the jackpot so high people from all over the world are trying to get their hands on tickets, the lottery wont ship tickets to other country’s, some people wanted to send cash via Fedex to buy the tickets but they were turned down.

So with the odds stacked against me I’m still playing! Yes, I’m going to buy more than one, too. Good luck!

What Could You Buy With The Money?

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