California Gives Huge Powerball Boost
Last weekend a $600 million Powerball jackpot was up for grabs across America and millions of hopeful players paid $2 for their tickets.
It was the largest-ever Powerball jackpot, the second largest world jackpot of all time and the lucky winner overcame odds of 1 in 175,223,510 to win the jackpot. Since California has joined the Powerball the jackpots have been growing far faster than ever before and it won’t be surprising if an even larger jackpot is won before the end of the year.
On Friday afternoon, the day before the draw, stores were selling around $11,000 worth of Powerball tickets each minute.
A common side effect of huge jackpots are office lottery pools. By combining resources a group of people buying tickets together will slightly lower their odds of winning. Office pools have become so popular that lottery officials have begun offering tips on how to organise them.
However, it is essential to be careful, in the past workplace pools that have won have resulted in lawsuits, broken friendships and delayed payouts. So next time there’s a huge jackpot available, by all means organise a pool, just make sure everyone is agreed about the details of it before hand.