The Powerball jackpot is now worth $875 million, but bettors’ odds of winning are slim.
The pot rose from $750 million after there were no winners in Wednesday’s drawing. For $2, those who want a shot at winning the big prize get one ticket with odds of winning of 1 in 292.2 million.
Beyond purchasing multiple tickets, there’s little players can do to improve those odds, according to betting experts. Certainly, it’s extremely unlikely that you’ll win the big prize, but chances are also slim that you’ll win even a few bucks.
“Even if you’re buying 50 tickets, the likelihood is that you’re almost certain to still lose and not win the jackpot. In fact, the chance at winning even $4 by playing is still pretty small.”
Indeed, the odds of winning $4 — just twice the cost of a ticket — are 1 in 38.32.
As for winning the entire pot, Powerball players are significantly more likely to be attacked by a grizzly bear at Yellowstone National Park (1 in 2.7 million), according to the National Park Service, or to come across a rare blue lobster in the ocean (1 in 2 million).
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