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Powerball rises to $1.9 billion after no ticket won Saturday's jackpot: Monday's drawing has a cash option of $929.1 million.
ABS News ^
| November 6, 2022
| Megan Winsor
Posted on 11/06/2022 3:09:50 AM PST by C19fan
The Powerball jackpot has risen to an estimated $1.9 billion for Monday's drawing after no ticket won the world-record pot on Saturday, Powerball said.
Monday's drawing has a cash option of $929.1 million, the lottery said.
(Excerpt) Read more at abcnews.go.com ...
TOPICS: Miscellaneous
KEYWORDS: abcnews; abcnotabs; billions; lotteey; lottery; pb; powerball; probability
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The odds of winning the Powerball is 1 in 292 million. Post-tax payout means one would make a profit from buying every potential combination of numbers. The one element I do not have information on is how many tickets will be sold before the draw on Monday. The chance of splitting the payout will reduce the expected winnings to non-profitable.
1
posted on
11/06/2022 3:09:50 AM PST
by
C19fan
To: C19fan
Cash in the hand is better than cash over 25 years.
2
posted on
11/06/2022 3:15:14 AM PST
by
Jonty30
(Some men want to see the world burn. It is they that want you to buy an electric car.)
To: Jonty30
There’s not going to be cash in five years, never mind 25.
3
posted on
11/06/2022 3:19:45 AM PST
by
Jim Noble
(And manly hearts to guard the fair)
To: C19fan
The lottery is a tax on stupid people.
4
posted on
11/06/2022 3:21:23 AM PST
by
joma89
(Buy weapons and ammo, folks, and have the will to use them.)
To: Jim Noble
Once I have the cash in hand, I can buy 20 years worth of food and clothing and seeds and then a small island in a tropical clime and hope to be forgotten.
5
posted on
11/06/2022 3:23:50 AM PST
by
Jonty30
(Some men want to see the world burn. It is they that want you to buy an electric car.)
To: Jonty30
Going Galt, luxury edition.
6
posted on
11/06/2022 3:24:41 AM PST
by
central_va
(I won't be reconstructed and I do not give a damn...)
To: joma89
No one forces you to buy a lotto ticket, so the stupid people are those who keep quite about forced taxes.
7
posted on
11/06/2022 3:25:00 AM PST
by
stockpirate
(Where Justice Ends Tyranny Begins...Repression Breeds Violence)
To: stockpirate
I agree with that statement
8
posted on
11/06/2022 3:28:31 AM PST
by
joma89
(Buy weapons and ammo, folks, and have the will to use them.)
To: C19fan
Just think; Most of the people buying these tickets will be voting on Tuesday.
9
posted on
11/06/2022 3:32:44 AM PST
by
jdt1138
(Where ever you go, there you are.)
To: joma89
And you are a pox on unrealistic optomists 😐
10
posted on
11/06/2022 3:52:10 AM PST
by
Laslo Fripp
(The Sybil of Free Republic)
To: C19fan
Look at the history of big jackpot winners and you see that things often go bad for them. Many wind up in bankruptcy court and at least one was actually murdered.
To: Gay State Conservative
Those stories go back to when lotteries became legalized. I remember some Hispanic or black guy wearing a hat won the NY Lottery and was all over TV and doing ads. He ended up blowing it all. The main reason is a short-term thinking and impulsive person is not going to change overnight from winning a big pot of money. One sees the same phenomea with pro athletes.
12
posted on
11/06/2022 3:58:02 AM PST
by
C19fan
To: C19fan
Whoever wins/earns a lot of money by chance will continue playing the "game" until (s)he then loses that money by chance.
Whoever wins/earns a lot of money...or just money...will continue working to earn that money while steadily building wealth assets.
13
posted on
11/06/2022 4:16:07 AM PST
by
MeneMeneTekelUpharsin
(Freedom is the freedom to discipline yourself so others don't have to do it for you.)
To: C19fan
I would divide it into portions. One goes to an irrevocable trust..one to blow the fun money..one to give away..etc.
So after it is all gone the irrevocable trust takes care of me
To: RummyChick
To: C19fan
If I win, I’m getting new brake pads for the Cavalier
16
posted on
11/06/2022 4:24:42 AM PST
by
AppyPappy
(Biden told Al Roker "America is back". Unfortunately, he meant back to the 1970's)
To: stockpirate
If God wants me to win, He'll send me a sign, and then I'll buy a ticket. Not before.
To: Gay State Conservative
Many decide not to pay taxes on property. Hire a CPA
18
posted on
11/06/2022 4:26:07 AM PST
by
AppyPappy
(Biden told Al Roker "America is back". Unfortunately, he meant back to the 1970's)
To: RummyChick
This jackpot is high enough that if you are the sole winner and under 40 you might should do the annuity
https://www.usamega.com/powerball/jackpot
Of course it still won’t save you from crazy greed because you could later sell it to JDWentworth
Step 1. Win the Powerball
Step 2. Wait five months
Step 3. Use that money to make MORE money
20
posted on
11/06/2022 4:28:16 AM PST
by
RandallFlagg
("Okay. As long as the paperwork is clean, you boys can do what you like out there." -Fifi)
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