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March 30, 2012

Mega Millions record jackpot: The odds are fairly long, everybody

  • $540M the amount the Mega Millions jackpot is going for this weekend, which is a record by the way
  • $176M the amount it would cost to theoretically buy every single ticket combination  possible in the lottery
  • $117M the amount, after federal (not state) taxes, you’d gain if you bought every single ticket source

» However, you’d still have to buy those tickets: If you were able to buy every ticket combination and fill it out, it’d take you 28 years to fill them out, and you’d exhaust the nation’s supply of lottery paper and ink in the process. So, to put it simply: Even if you’re Mark Zuckerberg and you can afford to make such an investment, it’ll take too long to actually fill out the tickets to win. And that total could be cut further, even, if someone else wins.

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11:06 // 2 years ago