Did Coloradan’s Buy Into The $450 Million Powerball Jackpot?
Players will have a chance tonight to win an estimated $450 million Powerball jackpot, making it the biggest lottery prize in nearly a year. Did you buy your ticket?
According to the Colorado Lottery, this jackpot will be the largest since a Powerball prize that climbed to $564.1 million last February.
If you are lucky enough to be the grand prize winner, the prize would have a
cash option of $275.4 million, and that's before taxes are deducted. The $450 million prize is based on an annuity, which would pay out the money over 29 years.
Your odds to win don't look good. 1 in 292.2 million is the official odds in winning. So this means you have a much bigger chance of being struck by lightening.
Some players feel they increase their odds of winning by pooling their money with co-workers, however according to the lottery, adding 50 to 100 tickets, does not really increase your chances to win.
With all this money at stake, did you go ahead and buy your ticket anyhow??