Powerball jackpot fever as prize hits $425 million

Written By kolimtiga on Rabu, 28 November 2012 | 00.38

Written by
Associated Press

Who will win the second-highest jackpot in Powerball's history and what could you buy with $425 million?

Eight months after a trio of ticket buyers split a $656 million Mega Millions jackpot to set a world lottery record, Powerball is now offering a life-changing fortune of $425 million.

Chuck Strutt, executive director of Multi-State Lottery Association, predicts there's about a 60 percent chance there will be a winner Wednesday, especially if there's a flurry of last-minute ticket purchasers picking unique numbers.

The jackpot already has defied long odds by rolling over 16 consecutive times without anyone hitting the big prize.

Strutt puts the odds at around 5 percent there will be no winner in the entire run, including Wednesday. As the drought increases, so too will the chances of it ending on the next draw, because ticket sales spike with a growing jackpot.

Tickets are currently $2 each. It's been said one has a better chance of being struck by lightning than winning the Powerball. But that woefully understates the danger of lightning.

Tim Norfolk, a University of Akron mathematics professor who teaches a course on gambling, puts the odds of a lightning strike in a person's lifetime at 1 in 5,000.

The odds of winning the Powerball jackpot: 1 in 175 million.

The Associated Press


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