Tags: MegaMillions | Long | Odds

Odds of Winning Record Lottery Jackpot 1 in 176 M

Friday, 30 Mar 2012 05:30 PM

 

Share:
  Comment  |
   Contact Us  |
  Print  
|  A   A  
  Copy Shortlink

The multistate Mega Millions lottery jackpot that is set to reach a world-record $640 million has people lining up at convenience stores in the 42 states and Washington, D.C., where the tickets are sold.

But the odds of winning, experts say, are longer than long.

Mike Catalano, chairman of the mathematics department at Dakota Wesleyan University in Mitchell, S.D., discourages lottery play because of the low odds of winning — 1 in 176 million.

He concedes the more tickets you buy, the better your chances of winning.

But he says a player is about 50 times more likely to be struck by lightning than to win the jackpot. Of course, he says, if you buy 50 tickets, "you've equalized your chances of winning the jackpot with getting struck by lightning."

© Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Share:
  Comment  |
   Contact Us  |
  Print  
  Copy Shortlink
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Retype Email:
Country
Zip Code:
Privacy: We never share your email.
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
You May Also Like

Streets of Ferguson Stay Calm after Violent Nights

Saturday, 23 Aug 2014 07:20 AM

The streets of Ferguson, Missouri, were peaceful for a third night as tensions between police and protesters continued t . . .

Yellen's Tough Job: Determining When Labor Market Has Healed

Friday, 22 Aug 2014 23:49 PM

Federal Reserve Chair Janet Yellen said she still isn't satisfied with the U.S. labor market. . . .

California Senate Passes Gun Database Checks Bill

Friday, 22 Aug 2014 22:46 PM

The California Senate passed a bill on Friday requiring local law enforcement to search a database of firearms owners in . . .

Most Commented

Newsmax, Moneynews, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, NewsmaxWorld, NewsmaxHealth, are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved