lottery odds

The odds of winning this jackpot are 1 in nearly 259 million.
Disappointed about missing out on the $1.6B jackpot Wednesday night? If you bought a ticket, of course you are! Chances are good, however, that you won't have to wait terribly long for another opportunity.
For those still trying to get their minds around the probability of winning the Powerball jackpot, here's another example. Suppose the 292,201,338 combinations in the game were seconds. That's the equivalent of over 81,000 hours, more than 3300 days, or just over 9 years.
It's incredible to think what might happen if you win, but really ... what happens? How do you make sure that money, once won, doesn't evaporate into a cloud of taxes and Ferraris?