Get the Better newsletter. SUBSCRIBE Oct. 24, 2018 / 2:19 AM GMT / Updated 6:38 AM GMT By Vivian Manning-Schaffel With more than $1.6B (yes, billion) in the Mega Millions jackpot and over $620M in the Powerball jackpot, lottery fever is at an all-time high. Yet, your chances of winning were only a truly miraculous 1-in-302.6 million for the Mega Millions, and your chance of winning Powerball is something around 1-in-292 million. And the chance of winning both lotteries? Something like, 1-in-88 quadrillion, according to CNBC. Even with the chances of winning so minute, so many of us can’t resist tossing away more even money in hopes of landing the big payoff. So why do we keep trying? For one, on some level, we all believe that money buys happiness. A recent Swedish study found — surprise, surprise — that winning the lottery (as opposed to losing) really does lead to greater life satisfaction (although it doesn't seem to change the winners' … [Read more...] about Why we can’t resist the promise of that lottery ticket
Chance of winning powerball
Some lucky lottery players will walk away with huge winnings as the combined Mega Millions and Powerball jackpots now approach almost $1 billion. But let's get real: Chances are, it's not going to be you. The odds of winning the combined $999 million jackpots stands at 1 in 88 quadrillion -- that's 88 thousand trillion, or the numeral 1 followed by 15 zeros, according to the Allstate Data Science Team. The previous odds, when the jackpots were smaller, stood at roughly 1 in 75 quadrillion. To be sure, lottery players will have slightly better odds of winning either one of the jackpots. The odds of scoring the $654 million Mega MIllions prize is 1 in 302 million, while the $345 million Powerball is sporting odds of 1 in 292 million, Allstate said. To grasp how unlikely even those odds are, it's worth checking them against the probability of other rare events. The likelihood of being struck by lightning within one's lifetime is 1 in 3,000. You're also much more … [Read more...] about Odds of winning $1 billion Mega Millions and Powerball: 1 in 88 quadrillion
POLL: Do you know someone who was struck by lightning? Yes: 0.00% (0) No: 100.00% (1) Total Responses: 1 ATLANTA — He was fishing with his two young sons when Egan Blain Stanley was struck by lightning on July 4. Four days later, the 37-year-old died at Grady Memorial Hospital. The Dalton, Georgia resident became the 12th person killed by lightning this year in the U.S. On July 10, a Florida man also was killed by lightning, and on July 12, an Alabama woman died two weeks after being struck. This year's total of 15 deaths is just shy of the 2017 total of 16 deaths, and hundreds of others were injured last year, according to the National Weather Service. For Tennessee, it's been an especially deadly year. With three so far, that's more than the total from 2008-2017, which was one. The most recent death was Somerville resident Darrell Hoskins on July 21. And meteorologists warn there are still plenty of summer storms on the way. BY THE NUMBERS 2018 LIGHTNING DEATHS(as of July … [Read more...] about Think a lightning strike won’t happen to you? It’s more likely than winning the lottery
'Tis the season to start dreaming: The prize for the Mega Millions lottery has climbed past $500 million, making it the sixth-highest such jackpot in Mega Millions history. But don't quit your day job just yet. The odds of winning is roughly one in 259 million for Mega Millions and one in 292 million for its cousin, Powerball. And the chances of winning both, for those of you thinking really big? Roughly one in 75 quadrillion -- that's 15 zeros -- according to data scientists at Allstate. To understand how unlikely those odds are, it's worth comparing them to the probability of other unlikely events. Americans are much more likely to get struck by lightning (odds of one in 13,500) or to die in a car accident (one in 645). While the old lottery campaign "You've got to be in it to win it" holds true, the real value in buying a ticket may simply be to enjoy the dream of winning. The average American spends about $200 a year on lottery tickets, though residents of … [Read more...] about The Mega Millions jackpot: What are the odds of winning?
But how much better, really? Better than the chance of winning the Powerball jackpot (1 in 292 million)? Long-shot odds are not intuitive. Golfers, for instance, are more likely to be run over by a golf cart (1 in 1,533) than to hit a hole in one (1 in 12,500). Rory might not guess that she has a better chance of becoming a professional athlete (1 in 27,300) than a neurosurgeon (1 in 98,400), or of being president (1 in 10 million, gender aside) than a saint (1 in 20 million). … [Read more...] about What are your chances of marrying a prince? Better than getting conked by an asteroid