With the odds of winning the lottery astronomically low, it's little wonder you're more likely to be struck by lightning. But that isn't the only unlikely scenario more likely than a jackpot win.
There are many others, each as mindboggling as the next, such as being in a plane crash or writing a worldwide best-seller.
It's for these reasons that USA Today recently published an article persuading people to invest in stocks instead of lottery tickets.
Yet despite the astronomically low odds of 1-in-303 million in the case of the Mega Millions draw, people still shell out hundreds of dollars- sometimes even thousands- on lottery tickets in the faint hopes they might win that Mega Millions or Powerball jackpot.
However, a game that has long been described by cynics as a tax on the poor might just be attracting even the most prudent of financial wizards after the jackpot for the Mega Millions jackpot rose to an astonishing, world record $1.6 billion.
Yes, you read that correctly, the US Mega Millions jackpot now stands at a ludicrous $1.6 billion following Friday's draw ending with no winner. The next draw takes place today.
Gordon Medenica, a director at Mega Millions Group, said, "Mega Millions has already entered a historic territory, but it's truly astounding to think that now the jackpot has reached an all-time world record."
Powerball is also going through a rollover phase, with its jackpot now worth an estimated $620m.
If a player is lucky enough to match all six numbers in today's Mega Millions draw, they can choose to take a lump sum of $904m or opt for the entire $1.6bn prize to be spread over 29 years.
While being asked to receive the prize 30 years later might sound a tad frustrating, it's worth bearing in mind that doing this would equate to a yearly salary of $55.17m. That's $4.5m per month.
The mouthwatering jackpot breaks the previous record of $1.586bn jackpot seen in a 2016 Powerball drawing.