games of chance


The madness has begun: March Madness brackets are out. Lots of time and money go into those basketball pools, all a result of the national obsession with brackets.

It turns out, though, that you’ll have a better chance of having a successful March Madness bracket by flipping a coin.

Professor Dae Hee Kwak, an assistant professor of Sports Management at the University of Michigan’s School of Kinesiology, recently published a study in the Journal of Gambling Studies.

Mark Newransky, Michigan Lottery winner
Michigan Lottery

10-12-13-35-56 (Power Ball 9)... don't pick those numbers. They didn't win last week, and they're not likely to win in the next one hundred million years.

The "Mega Millions" jackpot has reached $330 million today causing a buying frenzy of tickets. Another set of numbers will be drawn tonight (drawings are held every Tuesday and Friday night at 11 p.m. eastern).

According to Durango Bill (and who doesn't trust Durango Bill?), your chances of winning are around one in 175,711,536.