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Fantasy Five

Friday, November 23, 2012

Question of the Day

Is Powerball's $325 Million Jackpot Enough?

How big a prize do you need before you decide to play the lottery?

Is one-third of a billion dollars enough money for you to go out and buy lottery tickets? Powerball's estimated prize in Saturday night's drawing is $325 million, which is about $40 million off the all-time record, according to Lottery Universe. The cash prize option is "only" $212.8 million. But with the odds of getting a ticket with the winning numbers worse than 1 in 175 million, will you play the game? It costs $2 per ticket. The "Powerball multiplier" adds $1 to the ticket price, but could increase the size of any non-grand prize amount. Powerball is played in 42 states, Washington, D.C. and the U.S. Virgin Islands. Friday's MegaMillions jackpot is "only" $41 million. Heck, even Friday's Fantasy Five drawing is worth more than $300,…

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