What are the odds of winning the Powerball jackpot?
CBSN
The odds of winning the Powerball jackpot Wednesday are 1 in 292 million, and there isn't much a player can do to increase those chances, according to one expert.
Sure, buying multiple tickets at once does increase a player's odds slightly, but that strategy also requires spending more upfront while running the risk of having to split the payout with another winner, Harvard University statistician Mark Glickman told CBS News.
"Even if you're buying 50 tickets, the likelihood is that you're almost certain to still lose and not win the jackpot," Glickman said. "In fact, the chance at winning even $4 by playing is still pretty small."
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