$636 Million! How Would You Spend It? And What Are Your Chances? (VIDEO)

By Corinne Rose

December 17, 2013 Updated Dec 17, 2013 at 7:15 PM EDT

FORT WAYNE, Ind. (21Alive) -- $636 million! What would you do with all that money?

That's the estimated jackpot for Tuesday night’s Mega Millions lottery.

But what are your chances, really?

As Corinne Rose found out, people don't care!

If you win, and take a cash payout, that's $341 million before taxes.

It's the second-largest mega millions prize and second largest in world lottery history.

"I am buying these for my grandkids. I'm gonna hand 'em out. Couple for myself. And if they win, they win! You can't win if you don't try. So here I am, yeah. And if I win, I'm taking all my running friends to a marathon in Hawaii. I'm committing right now!" Karen O’Connell says.

"I've always wanted my Bonanza airplane. That would not really consume much money, only about $600,000. After that, I don't know. Just put it in the bank and sit back and relax! Retire, once and for all," Jack Krouse says.

"I'd give it to my family, I could buy a new house, a new car. I wouldn't be able to spend it all 'til I die! But it'd be great. I'd give it away. I'm excited. You never know," says Barbara Gillespie.

However, IPFW math professor Marc Lipman says he's never bought a lottery ticket and never will, because the chance of winning is just too small -- one in 258 million.

"If everybody in the United States, leave out California and Pennsylvania, but everybody else bought a lottery ticket and they were all different, somebody would win," Lipman says.

Or if you put 2500 people at Parkview Field, all with a full head of hair, choose one of those people and pluck one hair. That’s your chance of selecting a winning lottery ticket.

But people can still dream.

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