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Old 11-27-2012, 12:31 PM  
Deberg_1990 Deberg_1990 is offline
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Powerball jackpot.....500 million and growing!

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http://abcnews.go.com/Business/power...ry?id=17812739


The jackpot for Wednesday's Powerball drawing now stands at $500 million -- the richest Powerball pot ever -- and it's likely to get even sweeter.

"Back in January, we moved Powerball from being a $1 game to $2," says Mary Neubauer, a spokeswoman for the Iowa lottery. "We thought at the time that this would mean bigger and faster-growing jackpots."

It's proved true. The total, she says, "has been taking huge jumps -- another $100 million since Saturday." (The most recent drawing, on Saturday night, produced no winning numbers.)

Until now, the biggest Powerball pot on record -- $365 million -- was won in 2006 by eight Lincoln, Neb., co-workers.

In Photos: Biggest Lotto Jackpot Winners

Lottery officials in Iowa, where Powerball is headquartered, have started getting phone calls from all around the world. "When it gets this big," says Neubauer, "we start getting inquiries from Canada and Europe from people wanting to know if they can buy a ticket. They ask if they can FedEx us the money."

The answer she has to give them, she says, is: "Sorry, no. You have to buy a ticket in a member state from a licensed retail location."

About 80 percent of players don't choose their own Powerball number, opting instead for a computer-generated one.

Asked if there's anything players can do to improve their odds of winning, Neubauer says no -- apart from buying a ticket, of course.

Lottery officials put the odds of winning Wednesday's Powerball pot at one in 175 million, meaning you are 25 times more likely to win an Academy Award.

Skip Garibaldi, a professor of mathematics at Emory University in Atlanta, provides additional perspective: You are three times more likely to die from a falling coconut, he says; seven times more likely to die from fireworks, "and way more likely to die from flesh-eating bacteria" (115 fatalities a year) than you are to win the Powerball lottery.

Segueing, then, from death to life, Garibaldi notes that even the best physicians, equipped with the most up-to-date equipment, can't predict the timing of a child's birth with much accuracy.

"But let's suppose, however, that your doctor managed to predict the day, the hour, the minute and the second your baby would be born," Garibaldi says. The doctor's uncanny prediction would be "at least 100 times" more likely than your winning Wednesday.

Even though he knows the odds all too well, Garibaldi says he'll usually play the lottery. "When it gets this big, I'll buy a couple of tickets. It's kind of exciting. You get this feeling of anticipation. You get to think about the fantasy."

So will he be purchasing two tickets for Wednesday's Powerball? "I can't," he tells ABC News. "I'm in California" -- one of eight states that doesn't offer Powerball.
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Old 11-27-2012, 01:41 PM   #16
ragedogg69 ragedogg69 is offline
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Old 11-27-2012, 01:44 PM   #17
Rain Man Rain Man is offline
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I'm in. The drawing could be one of the best days of my life. How can I pass it up?
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Old 11-27-2012, 01:50 PM   #18
Rasputin Rasputin is offline
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Why settle for that? When I can wait untill it gets..

ONE MILLION DOLLARS

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Old 11-27-2012, 01:51 PM   #19
Johnny Vegas Johnny Vegas is offline
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Old 11-27-2012, 01:52 PM   #20
Mr. Flopnuts Mr. Flopnuts is offline
FINALLY! The wait is over.
 
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We should totally spend $100 out of the SOC money for tickets. Then if we win we can make an offer to the Hunt's for the team. Welcome to Arrowhead, home of your Kansas City Chiefsplanets!
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Old 11-27-2012, 01:56 PM   #21
Deberg_1990 Deberg_1990 is offline
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Nice thought, but not even close. Chiefs are valued at 1 billion.

http://www.forbes.com/nfl-valuations...on:asc_search:
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Old 11-27-2012, 01:59 PM   #22
Chief_For_Life58 Chief_For_Life58 is offline
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Hey if anyone wins in this chatroom were leveraging the money and buying the chiefs. we'll get the halls, garmin, and a few others and we'll buy the chiefs from that pos chunt and win us some superbowls and LAMAR HUNT TROPHIES
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Old 11-27-2012, 02:00 PM   #23
Chief_For_Life58 Chief_For_Life58 is offline
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Originally Posted by Deberg_1990 View Post
Nice thought, but not even close. Chiefs are valued at 1 billion.

http://www.forbes.com/nfl-valuations...on:asc_search:
with the 250 in cash we get, we can raise a lot from chiefs fans and all the super rich families in kc. it could be done
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Old 11-27-2012, 02:03 PM   #24
Rasputin Rasputin is offline
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I got $55009716.00 in CC money so I'm good plus GVMNT doesn't tax on it so that is duh winning.
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Old 11-27-2012, 02:04 PM   #25
crazycoffey crazycoffey is offline
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We should totally spend $100 out of the SOC money for tickets. Then if we win we can make an offer to the Hunt's for the team. Welcome to Arrowhead, home of your Kansas City Chiefsplanets!
I like it, I just said to a co-worker that i would try if I won, but I like this idea equally as much
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Old 11-27-2012, 02:06 PM   #26
Mr. Flopnuts Mr. Flopnuts is offline
FINALLY! The wait is over.
 
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They're worth way more than the 250 millio we would get. TIC post. It's still okay to dream though!
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Old 11-27-2012, 02:09 PM   #27
crazycoffey crazycoffey is offline
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They're worth way more than the 250 millio we would get. TIC post. It's still okay to dream though!
I only put 10% down on my house, gotta be an investor(s) we can get loan(s) from. 250 mil is 25%
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Old 11-27-2012, 02:12 PM   #28
crazycoffey crazycoffey is offline
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plus, after a year like this year, value drops....
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Old 11-27-2012, 02:12 PM   #29
Rain Man Rain Man is offline
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I'm a longtime Chiefs fan, but when I win I'm going to limit my Chiefs investment to streaming the games online on my massive yacht as I anchor for the day in Bora Bora.
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Old 11-27-2012, 02:14 PM   #30
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