Forums before death by AOL, social media and spammers... "We can't have nice things"
|    rec.gambling.lottery    |    Strategy and news of lotteries and sweep    |    63,804 messages    |
[   << oldest   |   < older   |   list   |   newer >   |   newest >>   ]
|    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              --- SoupGate-Win32 v1.05        * Origin: you cannot sedate... all the things you hate (1:229/2)    |
[   << oldest   |   < older   |   list   |   newer >   |   newest >>   ]
(c) 1994, bbs@darkrealms.ca