Sunday, May 19, 2013

Last-minute fortune seekers buy Powerball tickets

Joe Fajardo poses holding his Powerball lottery ticket after buying it at a store Saturday, May 18, 2013, in the Barrio Logan neighborhood of San Diego. With the majority of possible combinations of Powerball numbers in play, someone is almost sure to win the lottery game's highest jackpot on Saturday night, a windfall of hundreds of millions of dollars ? and that's after taxes. (AP Photo/Gregory Bull)

Joe Fajardo poses holding his Powerball lottery ticket after buying it at a store Saturday, May 18, 2013, in the Barrio Logan neighborhood of San Diego. With the majority of possible combinations of Powerball numbers in play, someone is almost sure to win the lottery game's highest jackpot on Saturday night, a windfall of hundreds of millions of dollars ? and that's after taxes. (AP Photo/Gregory Bull)

Armous Peterson figures out what numbers he is going to play in the Powerball lottery at Jimmy's Mart on Saturday, May 18, 2013, in Columbia, S.C. Peterson keeps track of what numbers he plays from week to week. (AP Photo/Jeffrey Collins)

Armous Peterson fills out his slip for the Powerball lottery at Jimmy's Mart on Saturday, May 18, 2013, in Columbia, S.C. Peterson keeps track of what numbers he plays from week to week. (AP Photo/Jeffrey Collins)

Kelly Branscom, of Zionsville, buys 2 Powerball lottery tickets, one for her and one for her cat Token, from a walk up window at a Hess gas station on the corner of Brodhead Avenue and Broadway, Saturday, May 18, 2013 in Bethlehem, Pa.. At left, is Alex Lopez, of Bethlehem, with Powerball tickets in hand. (AP Photo/The Express-Times, Stephen Flood)

A clerk dispenses a Powerball Lottery ticket in Oklahoma City, Friday, May 17, 2013. Powerball officials say the jackpot has climbed to an estimated $600 million, making it the largest prize in the game's history and the world's second largest lottery prize.(AP Photo/Sue Ogrocki)

(AP) ? It's all about the odds.

With four out of every five possible combinations of Powerball numbers in play, someone is almost sure to win the game's highest jackpot, a windfall of hundreds of millions of dollars ? and that's after taxes.

The problem, of course, is those same odds just about guarantee the lucky person won't be you.

Lottery officials said Saturday night that the latest Powerball jackpot figure results are still pending. Estimates have put the jackpot at around $600 million.

The chances of winning the prize remain astronomically low: 1 in 175.2 million. That's how many different ways you can combine the numbers when you play. But lottery officials estimate about 80 percent of those possible combinations have been purchased.

The winning numbers drawn Saturday night were: 10, 13, 14, 22 and 52, with a Powerball of 11. Officials conducted the drawing live from Tallahassee, Fla.

"This would be the roll to get in on," Iowa Lottery CEO Terry Rich said earlier Saturday. "Of course there's no guarantee, and that's the randomness of it, and the fun of it."

That didn't deter people across Powerball-playing states ? 43 plus Washington, D.C., and the U.S. Virgin Islands ? from lining up at gas stations and convenience stores Saturday for their chance at striking it filthy rich.

At a mini market in the heart of Los Angeles' Chinatown, employees broke the steady stream of customers into two lines: One for Powerball ticket buyers and one for everybody else. Some people appeared to be looking for a little karma.

"We've had two winners over $10 million here over the years, so people in the neighborhood think this is the lucky store," employee Gordon Chan said as he replenished a stack of lottery tickets on a counter.

Workers at one suburban Columbia, S.C., convenience store were so busy with ticket buyers that they hadn't updated their sign with the current jackpot figure, which was released Friday. Customer Armous Peterson was reluctant to share his system for playing the Powerball. The 56-year-old was well aware of the long odds, but he also knows the mantra of just about every person buying tickets.

"Somebody is going to win," he said. "Lots of people are going to lose, too. But if you buy a ticket, that winner might be you."

The latest jackpot was expected to be the world's second largest overall, behind a $656 million Mega Millions jackpot in March 2012. If $600 million, the jackpot would currently include a $376.9 million cash option.

Charles Hill of Dallas said he buys lottery tickets every day. And he knows exactly what he'd do if he wins.

"What would I do with my money? I'd run and hide," he said. "I wouldn't want none of my kinfolks to find me."

Clyde Barrow, a public policy professor at the University of Massachusetts-Dartmouth, specializes in the gaming industry. He said one of the key factors behind the ticket-buying frenzy is the size of the jackpot ? people are interested in the easy investment.

"Even though the odds are very low, the investment is very small," he said. "Two dollars gets you a chance."

That may be why Ed McCuen has a Powerball habit that's as regular as clockwork. The 57-year-old electrical contractor from Savannah, Ga., buys one ticket a week, regardless of the possible loot. It's a habit he didn't alter Saturday.

"You've got one shot in a gazillion or whatever," McCuen said, tucking his ticket in his pocket as he left a local convenience store. "You can't win unless you buy a ticket. But whether you buy one or 10 or 20, it's insignificant."

Seema Sharma doesn't seem to think so. The newsstand employee in Manhattan's Penn Station purchased $80 worth of tickets for herself. She also was selling tickets all morning at a steady pace, instructing buyers where to stand if they wanted machine-picked tickets or to choose their own numbers.

"I work very hard ? too hard ? and I want to get the money so I can finally relax," she said. "You never know."

___

Associated Press writers Jeffrey Collins in Columbia, S.C., Betsy Blaney in Lubbock, Texas, Russ Bynum in Savannah, Ga., John Rogers in Los Angeles and Verena Dobnick in New York contributed to this report.

___

Follow Barbara Rodriguez at http://twitter.com/bcrodriguez .

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/386c25518f464186bf7a2ac026580ce7/Article_2013-05-18-US-Powerball-Jackpot/id-98dc82294dbb4090af4a87fb47fd7e15

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