Odds Are…

Americans are scrambling to purchase tickets for tonights Powerball drawing as the jackpot surpasses a record breaking $500,000,000.  Chuck Strutt, executive director of Multi-State Lottery Association, predicts there’s a 60 percent chance there will be at least one winner drawn tonight, as the jackpot has rolled over a staggering 16 times without anyone striking it really rich. People are buzzing about what they would do with their winnings. The first step most would take is to pay off their mortgages and their immediate family’s mortgages. But before you go and spend all that money in your head on Madonna’s Upper West Side pad, consider the following: The odds of winning the big prize tonight is 1 in 175,000,000.

You’re more likely to have one, or in some cases more than one, of the following happen to you:

  • Death by vending machine – 1 in 112,000,000
  • Be declared a saint – 1 in 20,000,000
  • Pick a perfect NCAA Bracket – 1 in 13,460,000
  • Birth identical quadruplets – 1 in 13,000,000
  • Become an astronaut – 1 in 12,100,100
  • Be elected president – 1 in 10,000,000
  • Die from a bee sting – 1 in 6,100,000
  • Getting struck by lightning – 1 in 1,000,000
  • Being dealt a royal flush in the first hand – 1 in 649,740
  • Finding a four leaf clover – 1 in 10,000
  • Losing an arm or leg to a chainsaw – 1 in 4,464

In short, odds are that someone will win the lottery, but the odds are it won’t be you. On the bright side, you’re far more likely to wake-up a multi-millionaire than you are to have a meteor land on your house, at 1 in 182,138,880,000,000…roughly.