At one-in-134 million per entry, you’re far more likely to be eaten by a shark or struck by lightning multiple times than to take out Powerball.

But that has not stopped millions of Australians from rushing out and buying a ticket and dreaming of how they will spend Thursday’s $120 million jackpot.

According to The Lott, up to half of all Australian adults are expected to buy an entry into the draw, which is the second-biggest jackpot ever. It’s only surpassed by the $150 million draw held in September 2019, won by three people.

“If there’s just one Powerball division one winner this week, they will instantly become Australia’s biggest lottery winner ever,” spokesman Matt Hart said.

Sally Gainsbury, director of the Gambling Treatment & Research Centre at Sydney University, said people had certain biases that allow them to discount the low probability of winning the lottery and believe they are in with a shot at the jackpot.

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