Powerball lottery headed to California

SAN LORENZO, Calif.

While no one can guarantee who will win the games' sizeable jackpots, California schools will almost certainly be big winners. Powerball could bring them $40- $50 million in revenue.

As for your odds of winning, statistics professor Mike Orkin says they are almost identical to the odds of winning MegaMillions.

"If you buy 50 MegaMillions or Powerball tickets a week, you'll win the jackpot on the average of once every 68,000 years," he said.

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