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Old 11-27-2012, 12:31 PM  
Deberg_1990 Deberg_1990 is offline
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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, 04:48 PM   #46
bowener bowener is offline
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Honestly, the idea of winning such a large amount of money is terrifying to me. I know that it would most likely ruin all my relationships with family and friends in some way. I would obviously help them out however I could, but I imagine some would resent you forever regardless, and others would never be able to take enough from you to make themselves happy. It would be a nightmare of never knowing who is really your friend anymore.
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Old 11-27-2012, 04:50 PM   #47
Baby Lee Baby Lee is offline
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Originally Posted by KCUnited View Post
I don't like how lottery pampers to the low income and old people.
But the thought of all that money is so infantalizing.
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Old 11-27-2012, 04:55 PM   #48
Brock Brock is offline
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Originally Posted by bowener View Post
Honestly, the idea of winning such a large amount of money is terrifying to me. I know that it would most likely ruin all my relationships with family and friends in some way. I would obviously help them out however I could, but I imagine some would resent you forever regardless, and others would never be able to take enough from you to make themselves happy. It would be a nightmare of never knowing who is really your friend anymore.
The people who would resent you forever because you won some money aren't worth knowing to begin with.
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Old 11-27-2012, 04:56 PM   #49
mikey23545 mikey23545 is offline
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Originally Posted by bowener View Post
Honestly, the idea of winning such a large amount of money is terrifying to me. I know that it would most likely ruin all my relationships with family and friends in some way. I would obviously help them out however I could, but I imagine some would resent you forever regardless, and others would never be able to take enough from you to make themselves happy. It would be a nightmare of never knowing who is really your friend anymore.

****'em all.
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Old 11-27-2012, 04:59 PM   #50
mikey23545 mikey23545 is offline
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I wonder how much it would cost to build the most impregnable, luxurious underground shelter, self-sustaining for at least 50 years...

The thing is, I would also need a doctor and medical facility available, as well as a supply of all my meds including insulin.
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Old 11-27-2012, 05:01 PM   #51
mikey23545 mikey23545 is offline
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I wonder how much it would cost to build the most impregnable, luxurious underground shelter, self-sustaining for at least 50 years...

The thing is, I would also need a doctor and medical facility available, as well as a supply of all my meds including insulin.
Crap, I also need to have my pacemaker replaced every 5 to 10 years.

I don't think I'm going to be able to hide away with all my millions.
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Old 11-27-2012, 05:04 PM   #52
journeyscarab journeyscarab is offline
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Originally Posted by mikey23545 View Post
I wonder how much it would cost to build the most impregnable, luxurious underground shelter, self-sustaining for at least 50 years...

The thing is, I would also need a doctor and medical facility available, as well as a supply of all my meds including insulin.
Buy an old missle silo.

http://www.missilebases.com/properties
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Old 11-27-2012, 05:09 PM   #53
saphojunkie saphojunkie is offline
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Apparently, you have better odds of lining up a trail of quarters from NY to LA and selecting the one quarter bearing a special marking.
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Actually, this isn't true.

The statistics are skewed when it comes to the lottery. The odds of picking the correct number of a random 6 number drawing are astronomical.

The odds of winning the lottery are much, much better.

Why?

Because someone always wins the lottery. Someone is GOING to win this lottery, if not this drawing then the next.

That means that of the, let's just say, 2 million tickets sold for this drawing, at least one will win. Even if one doesn't, and a million MORE people join the party, bringing the total cost of tickets up to 5 million for both drawings, you now have a 1 in 2.5 million chance of winning.

This is a closed system, so your odds of winning are greatly increased by the fact that A) Someone will win, and B) that winner will come from a limited group of players.
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Old 11-27-2012, 05:11 PM   #54
saphojunkie saphojunkie is offline
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The people who would resent you forever because you won some money aren't worth knowing to begin with.
Yep. Take care of your family, change your phone number, cancel Facebook account, and disappear for two years around the world.
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Old 11-27-2012, 05:14 PM   #55
mikey23545 mikey23545 is offline
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That would be cool if they'd also let me have a few old missiles to go with it.

And the one in Kansas should be close enough I could sneak out to Chiefs games.
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Old 11-27-2012, 05:17 PM   #56
Brock Brock is offline
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Originally Posted by mikey23545 View Post
I wonder how much it would cost to build the most impregnable, luxurious underground shelter, self-sustaining for at least 50 years...

The thing is, I would also need a doctor and medical facility available, as well as a supply of all my meds including insulin.
Sounds like something that would get boring quick.
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Old 11-27-2012, 05:20 PM   #57
mikey23545 mikey23545 is offline
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Sounds like something that would get boring quick.
There would also be a few people of my choosing living there as well.

As well as every form of entertainment you could have in a missile solo.
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Old 11-27-2012, 05:27 PM   #58
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But the thought of all that money is so infantalizing.
Fetus for the rest of our lives and then some.
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Old 11-27-2012, 05:29 PM   #59
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My plan is to buy out Pioli's contract from Clark and have him mow my yard and shovel snow for the rest of it's duration.

Maybe dig holes on odd days and fill them back up on the even ones.
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Old 11-27-2012, 05:29 PM   #60
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I'm in a 70 person group that each spends $5 every time that lottery gets higher than $100 million. Thats 350 tickets. If you win its only a couple of million but its better odds than playing alone and its a fun little thing to do.
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