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Playing Powerball? Be Prepared to Lose

November 27, 2012
The Intelligencer / Wheeling News-Register

Four hundred twenty-five million dollars is a lot of money. Even after state and federal taxes are deducted, a fortune would remain.

It is a fortune many people, including residents of West Virginia and Ohio, will be attempting to gain by purchasing state lottery Powerball tickets. When this week's winning Powerball numbers are drawn Wednesday night, the jackpot is expected to have reached $425 million.

Even people who normally refrain from gambling away their hard-earning money will be tempted to buy Powerball tickets this week, because of the enormous jackpot. There's nothing wrong with spending a couple of dollars for a chance at the money.

But the odds of winning are infinitesimally small. They have been estimated at one in 175,223,510. You are about 175 times more likely to be struck by lightning this year, according to the National Weather Service.

So don't be blinded by the tiny prospect of riches. As lottery officials say, play responsibly. Almost inevitably, you'll lose whatever you bet.

 
 

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