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One way to 'guarantee' you'll win the Powerball jackpot, if you can afford it

The odds of winning the Powerball jackpot are 1 in 292,201,338

One way to 'guarantee' you'll win the Powerball jackpot, if you can afford it

The odds of winning the Powerball jackpot are 1 in 292,201,338

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      YOU KNOW, THE JACKPOT HAS ROLLED OVER NOW 34 TIMES SINCE SOMEONE LAST WON. THAT WAS BACK IN JULY. AND THE REASON THESE JACKPOTS GET SO BIG IS BECAUSE THE ODDS THAT WE WILL HAVE A WINNER, ANYBODY WILL WIN AT ALL, IS 1 IN 292,000,000 ANYWAY. AS YOU SAID, THE PRIZE IS OVER 1.5 BILLION, ABOUT 680 MILLION. IF YOU TAKE YOUR WINNINGS IN CASH. AND WHILE IT’S INSANELY UNLIKELY THAT ANY OF US WILL WIN, IT IS ALWAYS FUN TO DREAM ABOUT WHAT YOU DO WITH ALL THAT MONEY. I SET UP A CHARITABLE TRUST OR SOMETHING LIKE THAT. I’VE ALWAYS SAID, I’VE ALWAYS SAID THAT. AND SO IF I WANTED SOMETHING LIKE THAT, I PROBABLY HAVE TO LIVE UP TO MY OWN WORDS AND THEN I PROBABLY DIVIDE IT BETWEEN MYSELF AND MY KIDS. I’D LIKE TO BUY A VACATION HOME WHERE ON THE CAPE OR SOMEWHERE DOWN THE SOUTH SHORE. I BUY A LOT OF BURNER PHONES, HIRE AN ACCOUNTANT AND LOOK FOR AN ISLAND IN. I’D BUY A LOT OF BURNER PHONES TO PAT. ALL RIGHT. WELL, BY THE WAY, TWO TICKETS DID WIN FOR A MILLION EACH OVER THE WEEKEND HERE IN MASSACHUSETTS, ONE IN DRACUT AND ONE IN WEST SPRINGFIELD. YOU HAVE UNTIL NINE,
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      One way to 'guarantee' you'll win the Powerball jackpot, if you can afford it

      The odds of winning the Powerball jackpot are 1 in 292,201,338

      Winning numbers in the $1.55 billion Powerball jackpot will be drawn Monday night and there's one way to guarantee that you'll have the matching ticket — if you've got the time and money to pull it off.Some players like to play "lucky" numbers while others like to spread their money around but to truly ensure a win you'd need to buy every possible combination. The odds of winning the Powerball jackpot are 1 in 292,201,338 -- that's the number of possible combinations of white balls and the red Powerball. At the price of $2 per ticket, that means you could buy every possible combination for $584,402,676. That may be too costly to be a worthwhile investment, especially if more than one lucky player has a winning ticket. While the current jackpot is estimated at $1.55 billion if a sole winner takes the 30-year annuity, the cash option is $679.8 million. Professor Mark Glickman, a Harvard University statistician, suggested a similar approach could be profitable when the Mega Millions jackpot topped $1 billion in 2022. For either lottery game, anyone considering this method of guaranteeing a win would also need to consider how taxes cut into the windfall and the fact that more than one winning ticket could split the jackpot. There's also the practical problem of how to fill out the bubbles for 292.2 million tickets, each with a different number. Even if you could complete each ticket in 30 seconds, that would take nearly 278 years for a single person to do without any breaks.

      Winning numbers in the $1.55 billion Powerball jackpot will be drawn Monday night and there's one way to guarantee that you'll have the matching ticket — if you've got the time and money to pull it off.

      Some players like to play "lucky" numbers while others like to spread their money around but to truly ensure a win you'd need to buy every possible combination.

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      The odds of winning the Powerball jackpot are 1 in 292,201,338 -- that's the number of possible combinations of white balls and the red Powerball.

      At the price of $2 per ticket, that means you could buy every possible combination for $584,402,676.

      That may be too costly to be a worthwhile investment, especially if more than one lucky player has a winning ticket. While the current jackpot is estimated at $1.55 billion if a sole winner takes the 30-year annuity, the cash option is $679.8 million.

      Professor Mark Glickman, a Harvard University statistician, suggested a similar approach could be profitable when the Mega Millions jackpot topped $1 billion in 2022.

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          For either lottery game, anyone considering this method of guaranteeing a win would also need to consider how taxes cut into the windfall and the fact that more than one winning ticket could split the jackpot.

          There's also the practical problem of how to fill out the bubbles for 292.2 million tickets, each with a different number. Even if you could complete each ticket in 30 seconds, that would take nearly 278 years for a single person to do without any breaks.