Powerball Jackpot Hits $1.5 Billion

With the help of a bucket truck and an outdoor crew, Hargrove changed “million” to “billion” to reflect the world-record jackpot on Monday in Nashville.

Willie Roberts, 45, of Hanover, is one lottery player who always waits until the day of to purchase his tickets, he said. The staggering $1.4 billion Powerball jackpot number on Wednesday has captured a great deal of attention nationwide.

But according to a CTVNews.ca report, border officials have been warning some Canadians about a law that forbids importing “immoral articles”, such as lottery tickets.

High profile jackpots seem to always leave folks in Alabama wondering why?

Buying 10 tickets instead of one theoretically increases the probability of winning by factor of 10, he said.

Saturday night’s record $950 million Powerball numbers went un-picked, which means the next jackpot will reach a far more staggering record.

Powerball tickets sell for $2, or $3 with the Power Play add-on, which multiplies all winnings except the top two prizes.

The Powerball jackpot has rolled 19 times since the November 7 drawing.

The drawing takes place at 10:59 p.m. Wednesday.

Put another way, you can expect to lose 95 cents on every $2 Powerball ticket purchase. And some buyers may be superstitious, he said, and think it’s lucky to buy there. That’s because the army of dreamers who have bought tickets are moving closer to buying all the possible combinations in the game.

“Truthfully, what the heck – for this kind of money, I’ll play it anyway”, he said.

“I don’t know what I’d do with it, but I’d find something”, he said.

Still, statistics experts say the astronomical odds of winning are a bit better if you let the computer pick the numbers, rather than choosing them yourself. While you would make back some of your investment on smaller prizes paid for matching three, four or five numbers plus the Powerball, chances are it still isn’t a good bet.