The odds of winning tonight’s record $500 million Powerball jackpot are nearly impossible.
But the director of the Illinois lottery says it’s still a good bet.
Appearing on 970 WMAY's Kramer Show, Lottery director Michael Jones says that even with odds of 175-million-to-one, it’s still worth the purchase of a two-dollar ticket for a shot at a half-a-billion-dollar payday.
And he notes that in Illinois, the money goes toward education, so there’s a benefit even if you don’t win.
A single winner tonight could wind up with a lump sum of more than $225 million after taxes.
Listen to Lottery Director Michael Jones talk with Kramer below or at this link (mp3 download)