He isn't the only star athlete to take a chance on the massive jackpot. New York Knicks star Carmelo Anthony told reporters on Monday that he had also purchased tickets.
Not long after Ovechkinscored his 500th NHL goalon Sunday, a photo appeared on social media of the hockey star buying Powerball tickets in Virginia on Saturday with his father.
Ovechkin, who plans to get more tickets, says: "It was funny. Who's going to take a picture of me? It's crazy. People are crazy."
"I don't know. Maybe one, maybe two," he told reporters, when asked how many tickets he planned to buy for Wednesday's drawing. "But there's no chance you're going to win. But if I win, I'll let you guys know."
The 31-year-old Anthony has a base salary of more than $24 million as part of a five-year, $124.1 million contract he signed with the Knicks in 2014.
"I don't think I'm going to ever get hit by an asteroid, I don't think I'm ever going to be president. I might have a better chance to win Powerball," he said.
Asked Monday what he would do with the money if he wins, Anthony said: "I'm going to share it all."
The 30-year-old Ovechkin is in the eighth season of a $124 million, 13-year contract.
The odds of winning the jackpot are one in 292.2 million. The lump sum Powerball payout would be $930 million.
ESPN's Ian Begley and The Associated Press contributed to this report.
Jemele on Melo, Ovi: 'Why are they playing?!'
Jemele Hill and Reese Waters react to Knicks forward Carmelo Anthony and Capitals LW Alex Ovechkin buying Powerball tickets, saying whether or not they would be mad if either of them were to win the jackpot.
Can't blame high profile athletes for playing lottery
Marcellus Wiley and Max Kellerman don't have an issue with Capitals LW Alexander Ovechkin and Knicks F Carmelo Anthony buying Powerball tickets.