Win the Powerball Lottery – Guaranteed!

In reading the Powerball lottery website, I noticed that they are now capping the amount a jackpot can grow if no one wins. Making it step up by only $25 million seemed very odd to me, as you would think they would want to let it run, since larger jackpots attract more crackpots players.

Talking this over with a friend, I see their wisdom. The excess cash is spread out to the players who match 5 white balls when there is a jackpot winner for that draw (they call it the Match 5 Bonus Prize) which means more people sharing the wealth once the wealth becomes incomprehensible.

And really, $177.3 million is incompressible. Apparently, even for the Powerball folks, as the banner above, which I made last night, shows them saying the cash payout would be $188.2 million. Now they’re saying $177.3 million.

No matter, you wanna know how to win Powerball, guaranteed. For that secret, follow me to the extended post…

How can you win the Powerball lottery, guaranteed? Simple, buy every possible combination of numbers. Usually this would be counter-productive, you would spend more in tickets than your winnings, but once the after-tax cash pay-out pot reaches a certain point, say $146,107,962, you’d be in the money.

Why $146,107,962? Because according to Powerball, there are exactly 1:146,107,962 chances to win. Or 146,107,962 possible number combinations. If the after-tax cash pay-out is say $147,107,962, you could invest $146,107,962 in buying every possible combination, and you’d be guaranteed to win, at the most $1 million cash.

Ahh.. now note that catch phrase “at the most”. What could spoil your plan to be filthy rich? If someone else picked the winning combo too. If they did, and say it was a lovely family from Oregon, then BAMB! You’re looking at a $73,053,981 loss.

Then again, if you have $146,107,962 in cash, why would you play the Powerball lottery to being with? Me, I’m just glad I won the South African lottery!

4 Comments so far

  1. Don (unregistered) on February 17th, 2006 @ 11:47 am

    You’d need a lot of cohorts. Assuming the lotto machine can print 2 tickets a second it would take you 73053981 seconds to print all those. Otherwise known as 1217566.35 minutes or 20292.7725 hours. That’s 845 and a half straight days at one machine and I doubt you can convince the store to stop selling slurpees that long.

    As far as spending $146,107,962 to get $73,053,981, well, the old saying is that the easiest way to get to having a small fortune is to start with a large fortune and buy an airline.

  2. wayan (unregistered) on February 17th, 2006 @ 12:15 pm

    You could use multiple machines to cut down the time – the stores make a few cents on every ticket & if they were your stores, you would be reducing your original cost. Better yet, the store gets its own payout, which would further reduce cost/increase take.

  3. wayan (unregistered) on February 18th, 2006 @ 6:54 pm

    No matter what our market-cornering dreams, its time to buy those tickets now! $365 mill is just ‘a waiting for ya!

  4. wayan (unregistered) on February 19th, 2006 @ 3:57 pm

    Agh! It wasn’t me!

    One ticket matched all six numbers for the record jackopt drawing. The winning Quick Pick ticket was sold at the U-Stop at 110 West “O” Steet, Lincoln, Nebraska.

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