Powerball Lottery Jackpot Has Reached $1.3 billion. Is it time to buy lotto tickets?

Powerball is estimated to be $1.3 Billion for the next drawing. With the current odds, it's slightly becoming worth taking the bet.

If you're thinking of buying every number, keep in mind there is a chance that multiple people can buy the winning number and you'd need to split.


Power Ball Jackpot

• Jackpot Size (estimated) is $1,300,000,000
• Chance of Winning is 1 in 292,200,000
• Chance of Winning ANY prize is 1 in 24.9
• Next drawing is Wednesday, September 3rd, 2025 11pm ET
• Lottery Tickets are $2 each

Mega Millions Jackpot - not worth it

• Jackpot Size (estimated) is $320,000,000
• Chance of Winning is 1 in 302,500,000
• Chance of Winning ANY prize is 1 in 23
• Next drawing is September 2nd, 2024 11pm ET
• Lotto Tickets are $5 each

Reality Check

• Chance of finding a freebie on Spoofee's front page 1 in 3
• Chance of being dealt a straight flush is 1 in 64,974
• Chance of getting hit by lightning is 1 in 500,000
• Chance of flipping a coin and landing heads 20 times in a row is 1 in 1,048,576
• Chance of plane accident is 1 in 11,000,000
• Chance of Winning Powerball is 1 in 292,200,000
• Chance of Winning Mega Millions is 1 in 302,500,000
• Chance of Winning Both is 1 in 88,412,517,270,000,000