Well, it has happened. The powerball jackpot is now at $675,000,000 and is now the largest lottery payout in history. There are some that are saying that it will likely approach $800,000,000 by the time of the drawing. If that happens, the cash option will likely be around $600,000,000 so after taxes, you are going to get around $300,000,000. I have a feeling there will be a line at the counters and vending machines, but I don't think it will result in any mass craziness. I do wonder how many people will be dropping $100 to buy 50 tickets or something.
Also do you think that buying more than one ticket really improves your odds all that much. Sure, if you bought 10,000 you might win something, but the odds per ticket are still the same, and those odds are low.
I will be spending $2.00 to buy one ticket. I have spent money on dumber things.