$500 Million Powerball Jackpot

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POSTED: Wednesday, November 28, 2012 - 5:40am

UPDATED: Wednesday, November 28, 2012 - 7:17am

Drawing Wednesday Night

$2 will buy you a chance at winning $500 million. With the largest Powerball jackpot in history, people all over the borderland are trying their hand at winning millions and millions of dollars.

But their chances are slim - experts say 1 to 175 million to be exact and to increase their chances many are teaming up with co-workers. Here are a few tips if you choose to team up to win big:

• When your co-workers begin collecting the funds, photocopy all of the tickets that are bought through the office pool.
• Photocopy the list of everyone who is participating. Make sure to get everyone's first and last name on that list because there may be cases where you have people with similar first names within the same office area.
• Have plans in place to prevent any future disputes or arguments. Everyone in the office pool should understand what's going to happen with the money if you and your co-workers end up hitting the jackpot.

Lottery officials say plenty of tickets are being sold and the jackpot could rise. Also, if you choose to cash out immediately if you win, you're looking at walking away with $327 million instead of $500 million paid over time.

  

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