Today's Power Ball... by the numbers
The Powerball is a 292million to 1 chance ...here are the take home numbers as per the NY Daily News:
Our local NY paper itemized the winnings as (approximately)
$1.5 Billion total = $960 immediate payout -$300 Federal Taxes -$100 NY State and Local Taxes = $560 million payout
That is a payout of 230million to 1 (each ticket costs $2) so divide 560/2 =230 for a 290 to 1 risk.
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