$850 Million
By Jim Bauer
@porwest (92588)
United States
January 16, 2021 10:36am CST
Holy smokes. No one has won the MegaMillions yet, and the next drawing is this coming Tuesday, the 19th.
The jackpot is up to $850 million.
When the jackpots grow this high, of course more people tend to play, and it becomes more and more likely someone will win.
Why?
Because as more tickets are sold, a higher percentage of possible number combinations is usually out. Once there are roughly about 85% of all possible number combinations in circulation...
Someone tends to win.
If I take the cash option, after taxes this jackpot would be worth a take home amount of about $255 million. A far cry from the $850 million, but still a lot of money, and more than I would ever need.
I average about a 6-10% return on my investments. So, if I invested it all my annual income would be about $15.3 million to $25.5 million. Hmm. Very intriguing if you ask me. lol
At the same time, I almost hope nobody wins it this Tuesday. Two reasons. 1) I KNOW it won't be me. The odds are horrible. And 2) if nobody wins this one, the possibility that the jackpot rolls to over $1 billion is pretty high.
Whether or not I have a lion's chance in hell of ever winning a dime, it IS still fun to see a jackpot out there worth a billion bucks.
10 people like this
10 responses
@Nakitakona (56486)
• Philippines
17 Jan 21
I don't bet on lottery. It's a waste of money.
1 person likes this
@porwest (92588)
• United States
18 Jan 21
@Nakitakona I bet they'd be happy with $850 million. 
But of course, I know you can't get a MegaMillions there anyway. lol
But of course, I know you can't get a MegaMillions there anyway. lol@Nakitakona (56486)
• Philippines
18 Jan 21
@porwest The return I receive from my money is the happiness which my family enjoy.
1 person likes this
@Blondie2222 (28611)
• United States
17 Jan 21
Yeah I'll be buying some more tickets today & hopefully we win something lol.
1 person likes this
@Blondie2222 (28611)
• United States
18 Jan 21
@porwest yeah for sure. I never did get any tickets yesterday but I'll probably run out tonight and grab some.
1 person likes this
@porwest (92588)
• United States
20 Jan 21
@Blondie2222 You will definitely have to make sure to get some now. Nobody won and it has now rolled to $970 million and by the time the drawing comes on Friday it might be over $1 billion.
@oahuwriter (26777)
• United States
17 Jan 21
Wow all that money. Our stimulus is such a pittance compared to this jackpot!
1 person likes this
@oahuwriter (26777)
• United States
19 Jan 21
@porwest
Well, Pres. Elect Biden promises $1400 more aside if $600 now everyone should have gotten by now. If not check irs.gov.
1 person likes this
@porwest (92588)
• United States
20 Jan 21
@oahuwriter These stimulus checks from the government aren't going to do anyone any good. I will still take the money even though I know it's not free and we are all going to have to pay it back.
1 person likes this
@freelancermariagrace (28704)
• Philippines
17 Jan 21
I used to buy lottery tickets before but I have decided to stop 
1 person likes this
@porwest (92588)
• United States
18 Jan 21
@freelancermariagrace Ah. But so many things are. Why pick something that could potentially make you a multi-millionaire? lol
@freelancermariagrace (28704)
• Philippines
18 Jan 21
@porwest It's a waste of money
1 person likes this
@Tina30219 (82066)
• Onaway, Michigan
16 Jan 21
I would love to hit it for sure it would come in handy .
@LindaOHio (181721)
• United States
17 Jan 21
We didn't even match one number on the tickets my husband bought last time. :-(
