This articleoriginally appearedon The Conversation, and is republished under a Creative Commons licence.
One winnerfinally emergedfor the $1.537 billion Mega Millions jackpot. Research suggests the as-yet unidentified winner may not be so lucky.
Thejackpot swelledto that huge sum after the 25 drawings held since the end of July failed to yield a winner. That makes it thesecond-largest lotterygrand prize the world has ever seen. The record came in 2016, when the rival Powerball game hit$1.6 billion. The Mega Millions was earlier estimated at $1.6 billion as well, but came down after tickets were tallied.
The odds of winning are very small, or about 1 in 303 million. You are about 400 times more likely to be hit …
Read the full article at: http://www.bbc.com/capital/story/20181024-you-can-win-a-billion-and-go-bankrupt