January 10, 2016 1:08 pm
Updated: January 10, 2016 7:26 pm

What are your chances of winning Powerball’s $1.3B US prize?

WATCH ABOVE: No ticket matched all six Powerball numbers following the drawing for a record jackpot of nearly $950 million US, boosting the expected payout for the next drawing to a whopping $1.3 billion US. Aarti Pole reports.

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With the current jackpot for Powerball having grown to an incredulous estimated total of $1.3 billion US, many Americans (and Canadians) are experiencing champagne wishes and caviar dreams but what are their realistic options for taking home the grand prize?

You are more likely to flip a quarter and manage to see it land on heads 28 consecutive times, according to University of Buffalo statistical expert Jeffrey Miecznikowski.

To sum it up in two words: yeah right!

That’s because the actual odds of winning are one in 292.2 million.

WATCH: Mega Powerball jackpot not luring Canadians across border


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You are more likely to hit two hole-in-one’s in a round of golf than you are to win the lottery.

Lottery officials stated they believed that around 75 per cent of the potential winning combinations were purchased ahead of Saturday’s draw and still no one managed to claim the grand prize.

Looking for a way to lessen your odds?

One expert suggests letting the computer pick your numbers.

Scott A. Norris, an assistant professor of mathematics at Southern Methodist University, said that when the Average Joe picks his numbers, he tends to use birthdates or other favourite figures which tend to fall below No. 32.

READ MORE: What Canadians need to know about the more than $1-billion Powerball lottery

Powerball draws 69 numbered balls to find a winner.

Of course, given the odds of winning either way, you might as well have some fun and choose your lucky numbers.

With files from Associated Press

© 2016 Shaw Media

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