Place Your Bets: March Madness vs. Lottery Lunacy

Find out if you have better odds of having a perfect bracket or winning the Powerball.
1:13 | 03/22/13

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Transcript for Place Your Bets: March Madness vs. Lottery Lunacy
weekend, or a perfect ncaa bracket? Abc's gio benitez breaking down the odds for us. Reporter: While you're watching college hoops an agonizing over your bracket. Shot is up -- oh! ReporR THE ODDS. The olds of having a perfect bracket are 1 in 9.2 quintillion. Your olds of winning saturday's $320 million powerball jackpot? 1 in 175 million. But it's not all about the jackpot. Every day, $50 million in prizes are handed out. Many of them smaller prizes that are making people big money. Your odds of winning the second place pride of $1 million in a powerball game is just 1 in 5 million. See these smiles? They've all become brand new millionaires in the last three months. Turns out taking second place isn' bad. Would you be happy just taking the ion? Yes, I will. Not surprising, people would go for second place, too. On the brackets, if you picked harvard as many people did not do, obviously, they were already out. And, you know what? Now, tonight, there will only be one remaining perfect bracket in espn's challenge. That's out of more than 8 million. That from our friends at espn tonight. Gio, thank you.

This transcript has been automatically generated and may not be 100% accurate.

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