Current:Home > NewsMega Millions jackpot-winning odds are tiny but players have giant dreams -WealthRoots Academy
Mega Millions jackpot-winning odds are tiny but players have giant dreams
View
Date:2025-04-16 23:07:39
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! (3)
Related
- Bodycam footage shows high
- Midwest braces for severe thunderstorms, possible tornadoes, 'destructive winds' on Monday
- Maine police officer arrested after accusation of lying about missing person: Reports
- MLB power rankings: Sluggers power New York Yankees to top spot
- Biden administration makes final diplomatic push for stability across a turbulent Mideast
- Colts sign three-time Pro Bowl DT DeForest Buckner to hefty contract extension
- Kansas governor vetoes ban on gender-affirming care for minors, anti-abortion bills
- Here's the maximum Social Security benefit you can collect if you're retiring at 70 this year
- Former Danish minister for Greenland discusses Trump's push to acquire island
- K-Pop singer Park Boram dead at 30, according to reports
Ranking
- Meet the volunteers risking their lives to deliver Christmas gifts to children in Haiti
- 'Civil War': Kirsten Dunst, Cailee Spaeny break down 'heartbreaking' yet disturbing ending
- Inside Houston's successful strategy to reduce homelessness
- Rep. McCaul says decision on Ukraine aid vote is a speaker determination
- Tarte Shape Tape Concealer Sells Once Every 4 Seconds: Get 50% Off Before It's Gone
- Sade Robinson case: Milwaukee man Maxwell Anderson charged after human remains found
- Slain nurse's murder investigation uncovers her killer's criminal past, web of lies
- Jill Duggar Suffers Pregnancy Loss and Announces Stillbirth of Her First Baby Girl
Recommendation
Pressure on a veteran and senator shows what’s next for those who oppose Trump
Polish opponents of abortion march against recent steps to liberalize strict law
Grimes apologizes for 'technical issues' during Coachella set: 'It was literally sonic chaos'
Mega Millions winning numbers for April 12, with $125 million jackpot at stake
Which apps offer encrypted messaging? How to switch and what to know after feds’ warning
Semiautomatic firearm ban passes Colorado’s House, heads to Senate
Taylor Swift and Travis Kelce dance to Bleachers, Ice Spice at Coachella
Horoscopes Today, April 14, 2024