Powerball Jackpot hits $1,000,000,000

[Natalie J.]

Largest jackpot in the history of Powerball. Signs are showing $999,000,000. I think the odds are about 1 in 250,000,000.

Discuss.

 

[freakworld]

according to a german news website its actually an estimated 1,3 billion $

what

EDIT: oh okay thats before taxes, and also you will only get about 800 million out of the pot if you choose a one-time payment

still

 

[DragonFreak]

Time to buy a powerball ticket?

 

[Nabber]

i mean the odds of you winning are so small it's not really worth it but sure, if you want, go ahead

 

[Dr. Javelin]

a 0.0000004% chance is still infinitely higher than a 0% chance

 

[Stargazing]

apparently canadians can buy tickets too, with $800 million estimating $1.2 billion in canadian

holy shit

 

[Nabber]

a 0.0000004% chance is still infinitely higher than a 0% chance

using that logic you can justify doing anything

 

[Time Turner]

a 0.0000004% chance is still infinitely higher than a 0% chance

one in two-hundred-and-fifty-million chance

i wouldn't rely on those odds

 

[Weasel]

i bought a ticket yesterday for shits and giggles

 

[Magikrazy]

a 0.0000004% chance is still infinitely higher than a 0% chance

one in two-hundred-and-fifty-million chance

i wouldn't rely on those odds

Just buy 250,000,000 tickets. Problem solved.

 

[Nabber]

yeah but since other people will also win some portion, you'll just end up with a net loss

 

[freakworld]

i bought a ticket yesterday for shits and giggles

itt threek becomes wealthy

 

[Magikrazy]

yeah but since other people will also win some portion, you'll just end up with a net loss

Buy their tickets too.

Problem solved.

 

[fantanoice]

American Powerball isn't tax free?

 

[Time Turner]

Some people need to rely on dumb luck to get out of a bad situation.

 

[fantanoice]

Humans are naturally bad at reading probabilities even if they know the science. It's scary how easily lotteries can exploit it.

 

[Natalie J.]

just buy [number] fron 1 in [number]

there you'll win

 

[Ray Trace]

Like one person said, the chances of you winning the lottery is equal to not entering one.

Hyperbole, yes, but has a point.

 

[Natalie J.]

that was my dad's point, not mine

my point is "how the heck do you not have any winners long enough to hit this much money"

 

[Ray Trace]

I wasn't actually responding to you. I was just stating my opinion on lotteries in general.

 

[Natalie J.]

oh

I misunderstood then

 

[Magikrazy]

Three people won the jackpot.

 

[freakworld]

Three people won the jackpot.

that means everyone gets like 266 million $ before taxes or something right

 

[Magikrazy]

Before taxes, 500,000,000.

It was at 1.5 billion.

 

[freakworld]

It was at 1.5 billion.

o