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January 3, 2018

KU Professor Shares Chances of Winning Current Lotto Drawing, and What One Could Buy

West Palm Beach, Florida – January 3, 2018 While running the statistics for Wednesday night’s Powerball drawing, Keiser University math professor Scott Carter shared that after overcoming odds of 1 in 292,201,338, one lucky Powerball winner could:

  • Enjoy an estimated average yearly installment payment of 10,450,000 for 30 years
  • Avoid paying a state income tax, as Florida does not have one
  • Revel in the opportunity to purchase items such as these with the amount of approximately 196 million that they’d pocket after taxes if they’d chosen the lump sum:
  • Purchase at least 55 Ocean Ridge mini-mansions for family and friends like the 3.43 million dollars one which is currently on the market
  • You could purchase more than half of the private islands for sale in Florida
  • You could purchase all 10 of the most expensive vehicles in the world for yourself and 5 friends
  • You could take 275 of your closest friends on an all-expenses paid cruise around the world in the best cabins available on the longest cruise available in 2018 and 2019

Professor Carter holds a Master’s Degree in Mathematics from Missouri State University. Carter has taught all levels of mathematics coursework at the undergraduate level for Keiser University, Palm Beach State College, and other state colleges in Florida, North Carolina and Missouri since 2000.