After tonight’s MegaMillions lottery drawing, someone could be walking away $636 million richer. The odds of winning, however, are less enticing: 1-to-259,000,000. But that doesn’t mean it’s not a good investment! Someone, somewhere, someday is probably going to become disgustingly rich. And that disgusting person could be you!
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As difficult as it may be to come to grips with, the odds of winning the $550 million Powerball jackpot (roughly $368 million after taxes) are just not in your favor. The chances of your numbers being drawn are a 176 million to one long shot. In the long run you’d be far better off investing the money spent on that ticket anywhere else, even a sandwich. Because otherwise you’re just throwing it away. More »
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