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The millennial generation has split, new Fed research shows: Those over 35 are edging toward boomer-style wealth, while everyone else falls behind

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The millennial generation has split, new Fed research shows: Those over 35 are edging toward boomer-style wealth, while everyone else falls behind

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Mark Cuban says he has the solution to growing income inequality, and it's to reward every employee—from CEO to janitor—with company stock

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Mathematicians grapple with a ‘very rapid and very unsettling change’ as AI cracks yet another century-old problem
Lottery

7 Things That Are More Likely to Happen Than You Winning Tonight’s Powerball

By
Chris Morris
Chris Morris
Former Contributing Writer
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By
Chris Morris
Chris Morris
Former Contributing Writer
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August 23, 2017, 11:58 AM ET
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With a Powerball jackpot of $700 million, lottery fever is sweeping the country.

And while even the most optimistic players realize they’re probably not going to win the big prize—the drawing is Wednesday at 10:59 p.m. Eastern—that’s not stopping people from jamming gas stations and convenience stores to buy tickets.

As of Wednesday morning, the odds of winning the lottery stood at one in 292.2 million. Yikes.

So, how does that compare to other unlikely events? Short answer, it’s not good news.

To put things in context, consider this: The 1980 U.S. Men’s hockey team victory over the U.S.S.R, the “Miracle on Ice,” had odds of 1,000 to one. Ans it gets much worse from there.

For instance, according to the National Oceanic and Atmospheric Administration, your odds of being struck by lightning this year are 1 in 1,083,000—and, over the course of your lifetime, they drop to about 1 in 13,500.

Speaking of things falling from the sky, you’ve got a one in 1,600,000 chance of dying from a local meteorite, asteroid, or comet impact, according to a 2014 paper by Tulane University earth sciences professor Stephen A. Nelson.

The odds of being killed by a shark are 1 in 3,748,067. And that’s nothing compared to your odds of dying in a Grand Canyon flash flood, which stand at 1 in 14,270,000, according to The Book of Odds.

And even if you really show up the oddsmakers and make three consecutive holes in one the next time you hit the links, it still won’t put you close to your chances of winning Powerball. Your chances of such a successful day on the greens currently stand at “just: 156,250,000 to 1.

About the Author
By Chris MorrisFormer Contributing Writer

Chris Morris is a former contributing writer at Fortune, covering everything from general business news to the video game and theme park industries.

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