A lot of people are buying lottery tickets with a record-breaking Powerball jackpot up for grabs.
When the prize money jumped to a whopping $550 million, it set off a ticket-buying frenzy. An estimated 130,000 tickets are being sold every minute.
The fact that the odds are long – each ticket has just a 1 in 175 million chance of winning – did not deter many in the Tri-State Area from dreaming big dreams.
“People are buying like crazy,” Sarth Shah, who selling tickets at a 7-Eleven in Saddle Brook, New Jersey, told CBS 2′s Vanessa Murdock.
The store does have a history of printing winners. In July, a Cash 5 ticket worth more than $100,000 was sold there. Eights years ago, Ken Mamazzo said he was a lucky winner.
“I won five thousand on a ticket I bought here,” he said. “I haven’t won since.”
The largest jackpot in Powerball’s history has rolled over 16 times without a winner. A surge in ticket sales pushed the top prize up from $425 million to $500 million on Tuesday and again to $550 million on Wednesday.
It’s possible the jackpot could increase yet again before the day is done.
Source: CBS LOCAL