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Powerball at $1.5 Billion


Thomas Promise

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They played with the rules last fall so as to make odd of winning smaller prizes higher, however the odds of hitting the jackpot has increased considerably...

 

http://www.usatoday.com/story/news/nation/2015/07/06/odds-are-you-wont-like-this-powerball-story/29799555/

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One in Florida, I wonder if it was this monster pool?

 

Melbourne Beach is due east of Tampa on the Atlantic coast, perhaps their pool extended that far.

 

Tampa buddies form mother of all Powerball pools: $146,000 for 73,000 tickets

 

By Wednesday afternoon, about six hours before the drawing for the record-breaking $1.5 billion jackpot, the Tampa men had organized a pool with about 270 participants who forked over at least $500 each. That's $146,000, which bought about 73,000 $2 tickets.

 

The result: The group's odds of winning were just over 1 in 4,000. By comparison, the odds of any single Powerball ticket winning were 1 in 292.2 million.

 

"While it's still a longshot, it's reasonable," said McGuinness, a 32-year-old partner in a Tampa realty investment firm.

 

MORE...

 

http://www.tampabay.com/news/nation/tampa-buddies-form-mother-of-all-powerball-pools-145000-for-72500-tickets/2261154

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