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   rec.gambling.lottery      Strategy and news of lotteries and sweep      63,829 messages   

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   Message 62,079 of 63,829   
   Ion Saliu to All   
   Odds of Powerball or Mega Millions Jackp   
   07 Oct 21 04:38:37   
   
   From: ionsaliu@gmail.com   
      
   This question arises every time the jackpots reach dizzying heights.   
      
   “What are the odds that at least one ticket will win the Powerball jackpot   
   based on the amount of prize money, sales, or number of tickets sold?”   
      
   There are accurate answers based on three mathematical methods.   
      
   1) If a number of tickets N were sold over several drawings, what is the   
   degree of certainty (commonly known as chance) that at least one ticket will   
   hold the jackpot (the winning combination)?   
      
   2) If a number of tickets N were sold in this particular draw, what is the   
   degree of certainty that at least one ticket will hold the jackpot (the   
   winning combination)?   
      
   3) In the case of rollovers, we know the number of tickets N sold in each   
   drawing. We can calculate the average degree of certainty or chance. Then, we   
   can apply the probability of at least one success in a number of trials   
   (draws).   
      
   I go with method 3, although it leads to a result very close to the   
   calculation of method 1.   
      
   You can see the in-depth analysis and make an educated decision:   
      
   •	https://saliu.com/powerball-jackpot-odds.html   
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)   

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