How is it that 132.5 watts is 3 light bulbs but 918 watts is 765 light bulbs? Is there a typo?

It might not be clearly worded, but 132.5 watts is the power used by 2 incandescent light bulbs, whereas 918 watts is the power present in the light produced by 765 light bulbs. The factor of 50 comes from the fact that incandescent lightbulbs are only ~2% efficient at turning power into light.