Is it worth the gamble? MIT professor explains when Powerball Jackpots actually favor players

Powerball jackpot has surged to an estimated $1.7 billion for the Saturday, September 6, 2025 drawing, after no winning ticket was sold on Wednesday night. According to MIT professor Arnold Barnett, the math tells a different story: even at headline-grabbing levels like $1.3 billion, the expected payout from a $2 ticket falls short of its cost. His analysis shows that only when jackpots climb above $2 billion do players even approach break-even odds—yet taxes, lump-sum cuts, and shared winnings still keep the advantage on the lottery’s side.

from International-News-Economic Times https://ift.tt/iISj5Ru

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