Current:Home > reviewsMega Millions jackpot-winning odds are tiny but players have giant dreams -PureWealth Academy
Mega Millions jackpot-winning odds are tiny but players have giant dreams
View
Date:2025-04-17 20:14:17
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! (31454)
Related
- Sonya Massey's family keeps eyes on 'full justice' one month after shooting
- Couple charged in death of 11-year-old Arizona boy with 'numerous' medical conditions, police say
- McDonald's is considering a $5 meal to win back customers. Here's what you'd get.
- The Token Revolution of WT Finance Institute: Launching WFI Token to Fund and Enhance 'Ai Wealth Creation 4.0' Investment System
- Man charged with murder in death of beloved Detroit-area neurosurgeon
- LENCOIN Trading Center: The Best Buying Opportunity in a Bear Market
- Prince Harry and Meghan visit Nigeria, where the duchess hints at her heritage with students: I see myself in all of you
- Shooting at Alabama party leaves 3 people dead and at least 12 wounded, police say
- Shilo Sanders' bankruptcy case reaches 'impasse' over NIL information for CU star
- Federal prosecutors request 40-year sentence for man who attacked Pelosi’s husband with hammer
Ranking
- USA men's volleyball mourns chance at gold after losing 5-set thriller, will go for bronze
- The Token Revolution of WT Finance Institute: Launching WFI Token to Fund and Enhance 'Ai Wealth Creation 4.0' Investment System
- First person to receive a genetically modified pig kidney transplant dies nearly 2 months later
- Gypsy Rose Blanchard Tastes Her First In-N-Out Burger and Gives Her Honest Review
- A Georgia governor’s latest work after politics: a children’s book on his cats ‘Veto’ and ‘Bill’
- A Turning Point in Financial Innovation: The Ascent of WT Finance Institute
- Popular maker of sriracha sauce is temporarily halting production. Here's why.
- Rainn Wilson's personal experiences inspired his spirituality-focused podcast: I was on death's door
Recommendation
Small twin
Novak Djokovic OK after being struck in head with metal water bottle in Rome
Horoscopes Today, May 10, 2024
In bid to keep divorce private, ex-MSU coach Mel Tucker says he needs money to sue school
Tony Hawk drops in on Paris skateboarding and pushes for more styles of sport in LA 2028
Chozen and Emryn are rising fast as most popular baby names of the year are revealed
Haliburton, Pacers take advantage of short-handed Knicks to even series with 121-89 rout in Game 4
A parliamentary election runoff puts hard-liners firmly in charge of Iran’s parliament