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The popular vote means nothing, its not important, they just show it so you know.
The Electoral-College votes for the president in I think January, and each state has its own system to pick who gets to be their electors. Most states use a winner-take-all system where the winner gets to choose all electors. That is why if Ohio goes to Bush by 51% against 49% he gets all 20 and not 11 vs 9 of the electors.
The number of electors depend on the size of the state, with a minimum of 3. Each Senator is an elector, as far as I understand, and then there are at least 2 others.
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