If You're Tempted by Powerball, Why Not Consider Archer Aviation Stock Instead?

There's no denying it. Powerball's estimated $1.3 million jackpot for Wednesday's drawing is wildly tempting. Even though the cash value is considerably lower (then take out another 40% or so for taxes), when all is said and done, a winning $2 ticket could still be worth more than a half of a billion dollars. That would be a 12.8-billion-percent return on somebody's investment, assuming they only purchased one ticket. Even if they bought more than one ticket, though, that's still not a bad return.Problem? There's only a 1-in-292-million chance of winning the jackpot. It's also possible there could be more than one winner who would split this jackpot evenly between them.Still, kudos to anyone with the guts to make a bet that is vastly more likely to result in a 100% loss... even if that loss is negligible.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool