Saturday, January 9, 2016

Powerball Pandemonium


With any luck this may be the last of these spinning-to-win articles you read. “Why,” you ask? Well, like the rest of you dreamers, Jennifer Goodwin has invested $2 in a Powerball drawing ticket for tonight, and like the rest of you, she expects to wake up Sunday morning a billionaire. If the impossible dream comes true, you can bet her days of writing about other people gambling will come to a close. She’ll be taking up residence in the high limit room of a four-star casino herself. Or maybe in the suite in the Cosmopolitan her children rented for her recent 50th anniversary trip to Vegas. One added bonus would be there’s no state tax for Nevada residents. As if that should matter when we’re talking mega millions even after federal taxes.

I’m kidding, of course. The odds of winning the powerball drawing are astronomical. I have an article I posted last July 30 before the October 7 Powerball changes that will tell you just how unlikely the win is that you can link to at the end of this update. But hey, it’s only $2 to try. You can’t win if you don’t play.

The internet says if no one wins the $900 million expected jackpot tonight, it will rise to $1.3 billion next Wednesday. Yesterday alone 277 million lottery tickets were sold. More than 400 million are expected to be sold today. 

What numbers should you pick? Should you study the tables of past winning numbers to determine which are due to hit? Should you bet your kid’s or pet’s birthdays or numbers with other important significance in your life? Don’t bother. It won’t make a difference. The lottery itself tells us that 70% of all past winning tickets were Quick Picks. Mr. Hickey, the source of the mathematics in my original post, will explain how your chances were calculated if you care. 

Click HERE or search the blog for Powering Up For Powerball Changes posted July 30, 2015, for the bad news. And then, I’ll see you in line when we both invest another $2 later today. Might as well double our chances, right? 

Good luck to you all. If I can’t win, I hope one of you does.



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