Current:Home > MarketsMega Millions jackpot-winning odds are tiny but players have giant dreams -Streamline Finance
Mega Millions jackpot-winning odds are tiny but players have giant dreams
View
Date:2025-04-14 04:42:23
MINNEAPOLIS (AP) — The odds of winning a $1.25 billion Mega Millions jackpot Friday night are infinitesimally small, but that doesn’t stop players from some mighty big daydreams of what they would do if they won the giant prize.
Despite a jackpot winless streak dating back to mid-April, people keep plunking down a few dollars on tickets, noting that someone will eventually win and that they enjoy the chance to fantasize about what would happen if they were the lucky person.
Brandi Walters, 50, of Omaha, Nebraska, buys a lottery ticket when the jackpot grows large and has frequently envisioned what she would do if she hit it big.
“I kind of have this plan,” the hospital nurse confessed Thursday. “The very first thing I would do is take my family on a very nice vacation. Then when I come back, the real plan begins.”
That plan doesn’t include a new house or expensive car. Instead, Walters would backpack around the world for a year and, upon her return, set up a foundation “where I could do special things for interests I find worthy.” She’d help her family financially. She’d volunteer more. And she would set up a farmstead in a third-world country and hire local people to help run it.
“Other than that, the way I live wouldn’t change that much,” she said. “It wouldn’t stop me from shopping at Target.”
In Minneapolis, Reid Hanson, 51, was taking his dog for a walk when he stopped in at a Mobil gas station to buy a couple Mega Millions tickets.
“There’s not one bit of financial sense that goes into buying a lottery ticket,” he said. “It’s more of a fun sort of daydream to say, ‘Oh, what if?’”
Hanson said that if he did win, he might buy property in Hawaii and donate to charities to help save the environment, animals, water, climate and renewable energy.
Cody Jackson-Strong, 29, also stopped in at the Minneapolis gas station to buy a Mega Millions ticket. Jackson-Strong, who said he is homeless and struggling with drug addiction, noted he rarely buys lottery tickets, but the potential $1.25 billion would be “life changing,” so he paid out $2 on Thursday.
He dreams about spending the money on helping other homeless people struggling with addiction. He would open a jobs center, he said, and help clean trash from places where homeless people stay. And he thinks of opening a shop to work on motorcycles, buying a house, learning how to make music and buying items for homeless kids.
Thinking about winning “makes me feel hopeful and happier,” he said. “I would, like, buy everything in a store and just give it to kids who are struggling.”
Sean Burns Sr., of Robbinsdale, Minnesota, says if he won the jackpot, he would give 10% to “the man upstairs” and would be sure to fund programs in his community, including those to help single mothers.
“You always think about, you know, what can you do,” he said. “If it happens, it happens, but it would be a great thing if it did happen.”
Kathy Floersch, 48, an insurance agent from Omaha, said she buys a lottery ticket when the jackpots balloon. She dreams of traveling.
“I really want to go to Ireland. I’ve always wanted to go to Jamaica or the Bahamas,” Floersch said.
She and her fiancé have discussed buying vacation homes: one in Florida for her; one in Branson, Missouri, for him.
“And I would spring for a big wedding reception,” Floersch said. “I grew up dancing at wedding receptions with my siblings, and it’s just something I’ve always wanted.”
Despite the enduring hope of instant riches, Mega Millions’ long odds of 1 in 302.6 million to win the jackpot means it could be a while before someone takes home the money. There now have been 30 straight drawings without a jackpot winner, which has enabled the prize to grow to the sixth-largest in U.S. history.
The $1.25 billion jackpot would be for a sole winner who is paid over 30 years through an annuity. Winners almost always prefer a lump sum payment, which would be an estimated $625.3 million.
The winnings also would be subject to federal taxes, and many states also tax lottery prizes.
Mega Millions is played in 45 states, Washington, D.C., and the U.S. Virgin Islands.
___
Beck reported from Omaha, Nebraska. Associated Press writer Scott McFetridge in Des Moines, Iowa; and video journalist Mark Vancleave, in Robbinsdale, Minnesota; contributed to this report.
veryGood! (26)
Related
- NCAA hands former Michigan coach Jim Harbaugh a 4-year show cause order for recruiting violations
- Rachel Bilson's Sex Confession Will Have You Saying a Big O-M-G
- Kronos hack will likely affect how employers issue paychecks and track hours
- If you're clinging to an old BlackBerry, it will officially stop working on Jan. 4
- Macy's says employee who allegedly hid $150 million in expenses had no major 'impact'
- Israeli Prime Minister Benjamin Netanyahu says judicial system overhaul is an internal matter
- Twitter photo-removal policy aimed at improving privacy sparks concerns over misuse
- DOJ arrests New York couple and seizes $3.6 billion in bitcoin related to 2016 hack
- Skins Game to make return to Thanksgiving week with a modern look
- These Cute & Comfy Pajama Sets for Under $50 Will Elevate Your Beauty Sleep
Ranking
- The seven biggest college football quarterback competitions include Michigan, Ohio State
- Nobel Peace laureates blast tech giants and warn against rising authoritarianism
- Savannah Chrisley Reflects on Parents Todd and Julie’s Reactions to Guilty Verdict
- Top global TikToks of 2021: Defiant Afghan singer, Kenya comic, walnut-cracking elbow
- Kourtney Kardashian Cradles 9-Month-Old Son Rocky in New Photo
- Tesla is under investigation over the potential for drivers to play video games
- Pete Davidson's Girlfriend Chase Sui Wonders to Appear on His New Show Bupkis
- Starting in 2024, U.S. students will take the SAT entirely online
Recommendation
USA men's volleyball mourns chance at gold after losing 5-set thriller, will go for bronze
Why The Challenge's Johnny Bananas Says He Has Nothing Left to Prove
Ryan Reynolds Sells Mobile Company in Jaw-Dropping $1.35 Billion Deal
This Treasure Map Leads Straight to the Cast of The Goonies Then and Now
Who's hosting 'Saturday Night Live' tonight? Musical guest, how to watch Dec. 14 episode
TikTok bans misgendering, deadnaming from its content
Judge delays detention hearing for alleged Pentagon leaker Jack Teixeira
Amazon announces progress after an outage disrupted sites across the internet