Question

There are 292,201,338 possible winning combinations in the multistate Powerball lottery game. A single play in Powerball costs $2. The current jackpot (as of 9/21/2020) is $22 million. The largest Powerball jackpot ever was about $1.6 billion.

How much money would one person have to spend in order to account for all possible winning combinations?

Answer 1

To account for all possible winning combinations in the Powerball lottery game, one would have to spend $584,402,676, as there are 292,201,338 combinations and each costs $2 to play.

Step-by-step explanation:

To calculate how much money one would have to spend to cover all possible winning combinations in the Powerball lottery game, we need to multiply the number of combinations by the cost per play. Given that there are 292,201,338 possible winning combinations and each play costs $2, we perform the following calculation:

292,201,338 combinations × $2 per combination = $584,402,676

Therefore, to purchase every single possible winning combination in the Powerball lottery game, one would have to spend a total of $584,402,676.