Tuesday, 27 November 2012

Powerball simulator lets you see how long it takes to win the jackpot


The Powerball jackpot for Nov. 28 is estimated at $500 million, and it keeps growing. We all know the long odds of winning the whole thing, but a Powerball simulator really puts it into perspective how lucky one has to be to do it, especially just picking six random numbers.

The simulator lets you choose your own numbers or the easy-pick option, and goes at a pace of two tickets each week for however long you feel like. The longer you go, the more depressing it gets. Above, I simulated up to 1,500 years, and the highest amount I won was $100 - only 13 times. I did win plenty of $4 prizes, but still spent $312,000 to win $22,837, for a whopping return of 7 cents on the dollar.

But like many, I'll still buy a few tickets with hopes of winning the big one. Because someone has to, right?

Get even tinier thoughts at www.twitter.com/JeffHoard921.

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