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These people won the lottery multiple times, taking home millions—a Harvard prof. talks odds - CNBC

5:15 PM
These people won the lottery multiple times, taking home millions—a Harvard prof. talks odds  CNBC

The recent multimillion-dollar jackpots on offer from the Powerball and Mega Millions lotteries have had many Americans salivating at the idea of becoming instant millionaires. While the odds of winning a massive lottery jackpot like Saturday night's $350 million Powerball drawing are astronomical (roughly 1 in 292 million, in fact), that won't stop millions of people from buying lottery tickets this weekend. In fact, lottery ticket sales generate roughly $80 billion of revenue annually in the US, as players hope to become the latest person who beat the odds to win a once-in-a-lifetime jack...

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