Mega Millions Frenzy

As hopefuls rush to buy lottery tickets to the Mega Millions, the stakes are set at a whopping estimated $370 million!  That’s more money than what most people know what to do with.  I wonder whether ticket buyers realize that their odds of winning the lottery are about 1 in 176 million.  That basically translates to….”I have a better chance of landing on Pluto with Michael Jackson, as we sip on Dom Pérignon together.” But for that one insanely lucky winner, he or she has the option to either take the annuity payment between $355 million to $370 million, or the lump sum cash payment of $221.1 million gross.     

Due to the mad frenzy caused by the publicity and prize, the 12 participating states (California, Georgia, Illinois, Maryland, Massachusetts, Michigan, New Jersey, New York, Ohio, Texas, Virginia, and Washington state) have decided to relocate tonight’s drawing from Atlanta to Times Square in New York. 


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