But someone did after buying a ticket at a Speedway gas station in nearby Des Plaines, Ill.:
Someone in a Chicago suburb beat the odds and won the $1.28 billion Mega Millions jackpot.
According to megamillions.com, there was one jackpot-winning ticket in the draw Friday night, and it was bought at a Speedway gas station and convenience store in Des Plaines.
The jackpot was the nation’s third-largest lottery prize. It grew so large because no one had matched the game’s six selected numbers since April 15. That’s 29 consecutive draws without a jackpot winner.
The $1.28 billion prize is for winners who choose the annuity option, paid annually over 29 years. Most winners opt for the cash option, which for Friday night’s drawing was an estimated $747.2 million.
The odds of winning the jackpot are 1 in 302.5 million.
Because each ticket costs $2, the break-even jackpot for Mega Millions is $605.2 million. That is, $2 is 1/302,575,350 of $605,150,700; therefore, a single $2 ticket is a reasonable bet for any jackpot larger than that. At $1.3 billion, two tickets give you an optimum risk-reward curve.
So, yes, I bought 3 tickets (thus wasting $2). Yet I did not win. Which is too bad, because I had planned to use the winnings to set up a fund for K-12 math education throughout Illinois, emphasizing those areas of the state with the highest per-capita lottery purchasing.
I sincerely hope that whoever won last night gets good legal and financial advice.