Powerball fever in full swing - KOTA Territory News

Powerball fever in full swing

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It's a dream that's never realized for most people
But that doesn't stop them from hoping, especially when Wednesday's Powerball jackpot is $320 million dollars, the 4th highest in the game's history.

Some say lotteries are a tax on people who are bad at math, but for Russ Trinter, it's a risk worth taking when the price is right.

"It's gotta get high before I play. I know my chances are slim, but they're as good as anyone elses," said Trinter, who was buying his ticket at the Corner Pantry on Omaha street in Rapid City. 

Your odds of winning the lottery are about as big as the jackpot itself. That's about 1 in almost 200 million. But that hasn't stopped many from trying their luck.

"I think a lot of people it's just that goal. Something out there in the future they're striving for. a dollar investment could change in your life," said Katherine Randolph, who says she will not be buying a ticket.

"When it gets higher, the jackpot is at $320 million, it does increase, people get high hopes,  they hope they're the one," said LuAnne Davis, manager of the Corner Pantry on Omaha street.

But if you ever find yourself holding that winning ticket, it may not be quite what you expect.

"Sometimes sudden wealth can mean sudden mess. The number one thing is don't do anything until you get a [financial] team in place..including lawyers, advisors, and financial therapists. Get educated," said Rick Kahler, Financial Advisor.

For Russ, and many other hopefuls, winning would mean they'd finally get to do what they've been working for all their lives...

"Retire!" said Trinter. 

If you happen to win, you have the option of taking a one time cash payout of $213-million dollars, or you can opt for 30 payment installments of $10 million dollars. If you want any chance of winning, get your tickets Wednesday before 8 PM.

 

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