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   rec.gambling.lottery      Strategy and news of lotteries and sweep      63,804 messages   

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   Message 62,085 of 63,804   
   Dennis Calafati to ions...@gmail.com   
   Re: Odds of Powerball or Mega Millions J   
   29 Oct 21 02:13:17   
   
   From: dennisocalafati051460@gmail.com   
      
   On Thursday, 7 October 2021 at 10:38:38 pm UTC+11, ions...@gmail.com wrote:   
   > 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   
      
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