Current:Home > FinanceMega Millions jackpot-winning odds are tiny but players have giant dreams -Wealth Evolution Experts
Mega Millions jackpot-winning odds are tiny but players have giant dreams
View
Date:2025-04-12 21:11:49
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! (6133)
Related
- Tom Holland's New Venture Revealed
- Is this overlanding camper van the next step for the legendary Mitsubishi Delica?
- Government power in the US is a swirl of checks and balances, as a recent Supreme Court ruling shows
- All-Star rookie Shota Imanaga's historic first half helps Chicago Cubs battle the blahs
- Bodycam footage shows high
- Scarlett Johansson says 'Poor Things' gave her hope for 'Fly Me to the Moon'
- 3 people fatally shot in California home. A person of interest is in custody, police say
- The request for federal aid after Beryl opens rift between White House and Texas
- Small twin
- Chase Daniel, ex-NFL QB: Joe Burrow angered every player with 18-game schedule remark
Ranking
- Jury finds man guilty of sending 17-year-old son to rob and kill rapper PnB Rock
- 'Kind of can't go wrong': USA Basketball's Olympic depth on display in win
- Jackass Star Steve-O Shares He's Getting D-Cup Breast Implants
- Report: NBA media rights deal finalized with ESPN, Amazon, NBC. What to know about megadeal
- Chuck Scarborough signs off: Hoda Kotb, Al Roker tribute legendary New York anchor
- Celebs at Wimbledon 2024: See Queen Camilla, Dave Grohl, Lena Dunham and more
- AP PHOTOS: Scenes from Alec Baldwin’s ‘Rust’ shooting trial
- JFK's only grandson is doing political coverage for this outlet. It's not a surprise
Recommendation
John Galliano out at Maison Margiela, capping year of fashion designer musical chairs
Lawsuit filed in case of teen who died after eating spicy chip as part of online challenge
Ryan Reynolds Reveals His Favorite Taylor Swift Song—and You Won’t Be Disappointed
Why Derrick White was named to USA Basketball roster over NBA Finals MVP Jaylen Brown
NCAA President Charlie Baker would be 'shocked' if women's tournament revenue units isn't passed
Horoscopes Today, July 10, 2024
Leilani the Goldendoodle rescued 2 days after fleeing Fourth of July fireworks in Bay Area
Lena Dunham won't star in her new Netflix show to avoid having her 'body dissected'