This meme post with bad math claims all Americans can be millionaires with the 1.3 billion Powerball winnings.

This meme post with bad math claims all Americans can be millionaires with the 1.3 billion Powerball winnings.

With over 60,000 shares within 7 hours it seems Facebook followers believe the largest Powerball jackpot in history can make all Americans millionaires. Have you seen this post below on your timeline?

WOW!!!!!!! #ShareThis!

Posted by Livesosa on Sunday, January 10, 2016

After a quick calculator check we found this number to be incorrect. 1.3 billion divided by an estimated US population of 300 million gives us a total of $4.33 per person. Far from the 4.33 million claimed by the creator of this meme post. In order to give 300 million people 100K you would need 30 trillion dollars. It would be nice but is it really possible for the government to provide every US citizen with $100,000 cash. The federal government debt amount is around 18 trillion with a yearly spending budget estimated at 3 trillion dollars. Adding 30 trillion in debt to our total would that help or destroy the country? With only 3 trillion in yearly revenue its obvious to see we spend it as we get it.

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