When it comes to mega lotteries, as above mentioned Mega Millions, or Powerball, the chances of winning one go to 1-in-several hundred millions. You may as well start a shoe-shining business and you get much higher chances of becoming a billionaire. And, of course, as many already know, the chances of getting struck by a lighting are higher than those of winning a lottery.
Yet, Americans, as well as other nations, just can’t stop buying lottery tickets. In the United States alone, over $50 billion annually is spent on these bets. Running a lottery business is very profitable as the laws of statistics can’t deny profits. Take, as an example, the recent Mega Millions jackpot won. It was an astounding $656 million, yet the ticket sales reached $1.5 billion. That leaves about $800 million in profit.