The Mega Millions jackpot just hit $1 billion. We did the math to see if you should buy a ticket.
|10/19/2018||Posted by BusinessMediaguide.Com under General World News||
- The Mega Millions jackpot is at a record-high $1 billion ahead of Friday’s drawing.
- Though that’s a pretty big prize, working through the math of how lotteries work suggests that buying a ticket is not a great investment.
- The low probability of winning and the risk of splitting the prize in a big, highly covered game mean you’d probably lose money.
- READ MORE: How to win the lottery, according to a mathematician who hacked the system and won 14 times.