Tuesday, February 14, 2006

Powerball

I ran to Arby's for a sandwich and noticed that the Powerball jackpot is up to $300,000,000. If you take the cash in a lump sum, it comes to $147 million. After taxes, you'd get about half of it. That is about $75 million.

It's probably the worst bet in the world. Chances of winning approach zero. You stand a better chance of getting struck by lightning.

Still, someone is going to get struck by Powerball so I bought a ticket. $75 million would probably make my banker's eyes roll back in his head. It would certainly make my retirement come a whole lot sooner. I'd have to call in rich.

It's not a plan, but it is fun to think about.

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