powerball lotto

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If the odds are 1 in about $300,000,000 and the jackpot is $1,600,000,000 and the tickets cost $2 each then why couldn’t I just go buy $
300,000,000 tickets for $600,000,000 and pocket one billion dollars

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8 Answers

Anonymous 0 Comments

You’re assuming you’re the only one who gets the winning combination. If even one other person wins your winnings go down to 200,000,000, and given you’ll be taxed about a third of your 800,000,000 if you take it out in cash, you’re already millions in losses

If two or more other people win, you’ll literally be in the realm of 100s of millions in losses.

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