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We did the math to see if it's worth buying a ticket for the $535 million Powerball jackpot

The Powerball jackpot for Saturday's drawing, after no one won on Wednesday, is up to $535 million as of 12:30 pm ET Friday. That is a pretty huge chunk of money. However, as we saw before Wednesday's drawing, taking a closer look at the underlying math of the lottery shows that it's probably a bad idea to buy a ticket. Consider the expected value When trying to evaluate the outcome of a risky, probabilistic event like the lottery, one of the first things to look at is expected value.
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