MIAMI – You have fifty percent a billion good reasons to plunk down a few of bucks for Monday’s Powerball drawing.
The believed jackpot has improved to $502 million. It has a money benefit of $271.1 million.
The odds of winning the Powerball jackpot are 1 in 292 million, and there isn’t significantly a participant can do to maximize all those probabilities, according to a single skilled.
Positive, shopping for many tickets at as soon as does enhance a player’s odds a little bit, but that strategy also necessitates paying out far more upfront while working the danger of owning to break up the payout with a different winner, according to Harvard University statistician Mark Glickman.
“Even if you might be purchasing 50 tickets, the probability is that you might be virtually specified to nevertheless shed and not acquire the jackpot,” Glickman said. “In actuality, the opportunity at winning even $4 by participating in is however really modest.”
The odds of successful a lesser prize are a small better – 1 in 24.9.
Powerball drawings are broadcast are living each and every Monday, Wednesday, and Saturday evening from the lottery draw studio in Tallahassee.
Tickets value $2 every.
You can view the drawing live at 10:59 p.m. on CBS4, your formal Florida Lottery station.
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