• We did the math to see if it's worth buying a Powerball or Mega Millions lottery ticket

    5 monthes ago - By Chron

    Thomson Reuters
    The Powerball jackpot is above $400 million and Mega Millions' jackpot is above $300 million as of Tuesday morning.
    Though those are pretty big prizes, working through the math of how lotteries work suggests that buying a ticket is not a great investment.
    The low probability of winning and the risk of splitting the prize in a big, highly covered game mean you'd probably lose money.
    The Powerball jackpot for Wednesday's drawing is up to $420 million as of 10:30 a.m. ET Tuesday. Meanwhile, the Mega Millions jackpot for Tuesday's drawing is up to $318 million.
    Those are pretty...
    Read more ...

     

  • We did the math to see if it's worth buying a Powerball or Mega Millions lottery ticket

    We did the math to see if it's worth buying a Powerball or Mega Millions lottery ticket

    5 monthes ago - By Business Insider

    The Powerball jackpot is above $400 million and Mega Millions' jackpot is above $300 million as of Tuesday morning.
    Though those are pretty big prizes, working through the math of how lotteries work suggests that buying a ticket is not a great investment.
    The low probability of winning and the risk of splitting the prize in a big, highly covered game mean you'd probably lose money.
    The Powerball jackpot for Wednesday's drawing is up to $420 million as of 10:30 a.m. ET Tuesday. Meanwhile, the Mega Millions jackpot for Tuesday's drawing is up to $318 million.
    Those are pretty huge chunks of...
    Read more ...

     

  • We did the math to see if it's worth buying a Powerball or Mega Millions lottery ticket

    We did the math to see if it's worth buying a Powerball or Mega Millions lottery ticket

    5 monthes ago - By Business Insider

    The Powerball jackpot is above $400 million and Mega Millions' jackpot is above $300 million as of Tuesday morning.
    Though those are pretty big prizes, working through the math of how lotteries work suggests that buying a ticket is not a great investment.
    The low probability of winning and the risk of splitting the prize in a big, highly covered game mean you'd probably lose money.
    The Powerball jackpot for Wednesday's drawing is up to $420 million as of 10:30 a.m. ET Tuesday. Meanwhile, the Mega Millions jackpot for Friday's drawing is up to $318 million.
    Those are pretty huge chunks of...
    Read more ...