The Powerball has reached an all-time high of $1.3 billion, creating a frenzy for ticket sales at grocery stores and gas stations everywhere. You've probably heard about this massive jackpot, too.
But, within all of the hype surrounding the Powerball, you can't always believe what you hear. Especially, when it comes to the meme going around on Facebook that claims this Powerball could be the solution to poverty in America.
It looks like this:
The meme was shared this morning by @LiveSosa, and has since gone viral for its mathematical inaccuracy. It claims that dividing the $1.3 billion lottery prize by the U.S. population of 300 million would result in each U.S. resident receiving $4.3 million.
Clearly, that's not true. When you actually do the math, the sum is much smaller. $4.33 to be exact - about enough for your morning cup of coffee. So, while it's a nice dream that one pot of money could solve such a serious problem, that's just not the case.