Friday, December 6 2013 8:25 PM EST2013-12-07 01:25:23 GMT
Shawn McClure was arrested Friday evening after it was revealed at a press conference that he is indicted on charges of theft and receiving stolen property. More >>
Shawn McClure was arrested Friday evening after it was revealed at a press conference that he is indicted on charges of theft and receiving stolen property.More >>
HUNTSVILLE, AL (WAFF) -
One lucky winner could hit it big Wednesday night and make history by winning the Powerball jackpot.
In this drawing, $550-million is up for grabs. That's enough to tempt the masses to flock to the counter for a ticket.
Many Alabamians are crossing the state line at Magic Mile in Fayetteville, Tennessee to purchase their chance to win millions.
But with the odds of winning at 1 in 175-million, many of those people will be disappointed.
We went to our resident numbers guy, UAH researcher, Dr. Wes Colley, for some sound advice. He said it's ok to dream, but don't go crazy and quit your job, because playing is already a risky investment.
He crunched the numbers, and he said it's just like poker. You have to get the first five numbers right of 59, and then you have to hit the Powerball out of 35 numbers. And when you multiple those two, you get the odds of 1 in 175-million.
Most people take the lump sum option, which brings you down to somewhere around $360-million if you're the only winner.
Colley said smart is the new rich, so you're better off keeping your two dollars and putting it in savings.