What are the Odds of Winning Powerball? CNN Weighs In

Filed in Gather News Channel by on November 28, 2012 0 Comments

What are the chances of hitting the Powerball jackpot? According to CNN, it’s easier to die from a bee sting.

The buzz-killing news outlet published an article on Wednesday morning which all but advocated giving up trying to win the record $500M jackpot, which could rival last year’s $656M Mega Millions prize by the time the drawing goes off on Wednesday evening.

According to the article, the odds of winning the jackpot are 1 in 175,223,510. Dying from a bee sting, hitting a hole-in-one or being struck by the proverbial bolt of lightning are much more likely.

But it’s the tone of the article which is puzzling.

“We know, we know” writes an unnamed person on the CNN Wire Staff. “Someone will win at least a share of the prize, if not Wednesday, then in some subsequent drawing. But it won’t be you.”

That’s a pretty negative stance. Perhaps it’s an attempt to stem the flow of record lottery ticket buyers burning up the machines at retail outlets all across the country. Is it an effort to prevent dreamers from betting the rent money?

Or is the CNN Wire Staff hoping they might pull down the gigantic Powerball prize by narrowing the odds in their own lottery pool?

In any case, it’s not having much of an effect. The prize rose from $425M on Monday to $500M on Wednesday morning. It’s entirely possible that number could double by the time the numbers are drawn.

So, even though most people know that hitting the jackpot is almost impossible, the dream remains alive.

What do you think? Did you buy a Powerball ticket? What would you do if you won?

Please leave a comment below.

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