Odds of winning $1 billion Mega Millions and Powerball: 1 in 88 quadrillion

CBS "News" ^ | October 16, 2018 | By AIMEE PICCHI

[DannyTN]

LOL, My double clicker must be acting up.

That’s just to help you realize it’s at least 3 times overstated.

[DannyTN]

LOL, My double clicker must be acting up.

That’s just to help you realize it’s at least 3 times overstated.

[jerod]

So... What you’re saying is that there IS a chance you can win. That’s better than no chance.

[conservative98]

That’s the odds of one person winning both.

[InABunkerUnderSF]

Still buying a ticket.

Thank you for paying my fair share of taxes.

[KosmicKitty]

Hey, that’s the same odds as Elizabeth Warren being a real Indian

[pepsi_junkie]

And yet, someone always wins ...

[ridesthemiles]

1/4 of something is more than 100% of nothing.

[Rurudyne]

Gifting governments with money to fritter away.

[cyclotic]

Lotteries-A tax on stupid people

[CharlesMartelsGhost]

If the winner(s) of Powerball and Mega Million lotteries take lump sum the amount before taxes would be:

$380 million- Mega Millions

$199 million- Powerball

Link: https://www.usamega.com/

[a fool in paradise]

So 2 tickets over 88 qualdrillion is 1 over 44 quadrillion.

Y’mean I’ve still got a chance?

[a fool in paradise]

Better odds than the odds that Liz Warpath Warren is an honest injun.

[tiki]

On the night before the draw I always tell my husband to be really nice to me because I might be a multi-millionaire in a few hours. Then he reminds me of community property.

[Osage Orange]

You're also much more likely to date a millionaire, which carries a likelihood of 1 in 215. Even better, Americans have fairly strong odds of becoming a millionaire through work and investment, with economists at the St. Louis Federal Reserve

A million ain't what it used to be..........

[DannyTN]

Yeah but there is a big difference between taking a 1 in 302 million chance to win $654 million and taking a 1 in 302 million chance to win $163 million.

If expected value of the former ticket is $2.16. The expected value of the latter is $0.54.

[VastRWCon]

One ticket, mega ball = 13.

[a fool in paradise]

But think of the starving actors the next time you throw away two dollars on a lotto ticket.

Do you know how much it costs to feed a millionaire for a week?

[DannyTN]

So more like 58%, a little better than half.

Still, I think it’s false advertising.

[DannyTN]

So more like 58%, a little better than half.

Still, I think it’s false advertising.