Nov 27, 2012
For $2, you could realize a potential life-changing fortune this week as Powerball is offering up a $500 million jackpot – the largest in Powerball’s history and second to the $656 million Mega Millions jackpot shared by a trio of ticket buyers eight months ago. The drawing is Nov. 28.
Ah, to dream what an INDYCAR fan could do with the dough ($327 million cash option). Such as:
Build a racetrack or two
Iowa Speedway, the newest oval on the IZOD IndyCar Series schedule (opened in 2006), had a construction price tag of about $70 million. Barber Motorsports Park in Alabama, which opened in 2003, had a construction cost of about $63 million for the racetrack. Adjust for inflation.
Own a race team or 10
Assume that it takes about $9 million to run a well-funded, full-season IZOD IndyCar Series team. Well then, you could outfit the entire grid for the season-opening Honda Grand Prix of St. Petersburg on March 24 and/or swell the entry list for qualifications for the 97th Indianapolis 500 on May 19-20.
Produce a movie
How about "Turbo II: The Full Season"? You could finance -- placing your name prominently in the credits among other places -- in the sequel to the DreamWorks feature film that will be in theaters in July 2013.
Suggest other ideas via the INDYCAR Facebook page below.
A downer is the go-to struck by lightning analogy: Tim Norfolk, a University of Akron mathematics professor who teaches a course on gambling, puts the odds of a lightning strike in a person’s lifetime at 1 in 5,000. The odds of winning the Powerball jackpot: 1 in 175 million.
Also, you’d have a slightly better chance of randomly picking the name of one specific female in the United States: 1 in 157 million, according to the latest census.
Good luck anyway.