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Here are your odds of winning both Powerball and Mega Millions

Posted at 4:36 AM, Aug 10, 2017
and last updated 2017-08-10 09:04:08-04




Related: The reason there are such long odds against winning Powerball


To put that in perspective, those odds are about 6,000 times worse than the odds experts have calculated of being killed by a meteorite strike -- at the same time you're being attacked by a shark.

Of course, it's pretty long odds to win just one of this week's drawings -- either Saturday night's $356 million Powerball game, or Friday's $382 Mega Millions drawing.

Related: How Powerball finds winning tickets

But that doesn't stop people from trying. Americans spend more than $73 billion on lottery tickets each year. That's more than they spend on movies, video games, music, sports tickets and books -- combined.

The odds of winning Powerball are 1 in 292 million. The Mega Million odds are slightly better -- only 1 in 259 million.

"If you buy both tickets, you've doubled your odds of winning," said Ben Auerbach, lead data strategist for Allstate, but they're still pretty close to zero.

Auerbach, who said he never buys lottery tickets himself, calculated the very long odds of a double win not for work but because "it's fun to do this rather than run numbers about premiums and insurance."
