The odds of winning the $1.7 billion Powerball jackpot are at 1 in 292.2 million. Those unfavorable odds are by design to help the lottery create billion-dollar jackpots. The next drawing is at 10:59 ...

At what point does the jackpot become so big that the math actually starts working in your favor? Buying dreams for $2. Pay $2, pick six numbers, and you could win $1.8 billion on Saturday night. So ...

The continued existence of lotteries is a demonstration of how little intuition humans have for probability. On some level, we all know that the chances of actually winning a life-changing payout are ...