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Everyone we know in Louisiana is dreaming of winning Saturday night's epic Powerball jackpot of $760 million and starting the new year off rich, but what are the real odds of winning the lottery? One thing we know for sure is that you've got to buy a ticket to win!

What are the odds of winning Powerball?

Hold on to your seat because you're not going to like this. The odds of winning the Powerball are 292,201,338 to 1... You have better odds of becoming the President of the United States and that's saying something... In case you were wondering, your odds of becoming President are 32.6 million to 1. I believe bookies call that a long shot!

To put things in context, the bookies at, calculated the odds of winning the Powerball versus other real-life events. The Powerball is on a lot of people's minds because the jackpot is so big. Saturday's drawing is worth an estimated $760 million with a cash value of $382.5 million. Trust me, it's got my attention, too!

Believe it or not, you have better odds of winning Powerball than winning Mega Millions, though. The odds of winning the Mega Millions jackpot are 302,575,350 to 1! Want to win both the Powerball and Mega Millions jackpot? The chances of that happening are 75.6 quadrillion to 1. I don't even know how to type that many zeros!

Here are the Odds of Winning the Powerball Jackpot Compared to Other Life Events

With all of the monster lottery jackpots we've seen over the past few years, we decided to take a look at the odds of winning. Clearly, winning the Powerball jackpot is a long shot, especially in comparison to the chances of these other real-life events happening.

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