What If You Bought The Powerball? | Andry Kiersz | Atlantic | 13th January 2016
Written when the Powerball jackpot had a cash value of $930 million. In the Powerball draw, five white balls are drawn from a drum of 69 balls, and one red ball is drawn from a drum of 26 balls. That makes 11,238,513 possible outcomes for the white balls; multiply by 26 red balls and you get 292,201,338 possible Powerball tickets. At $2 per ticket, you could buy every possible ticket for $584,402,676. So: Spend $585 million, get $930 million. What’s the catch?
