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For example, in the 6 from 49 lottery, given 10 powerball numbers, then the odds of getting a score of 3 and the powerball would be 1 in 56.66 × 10, or 566.6 (the probability would be divided by 10, to give an exact value of ).
In bonusball lotteries where the bonus ball is compulsory, the odds are often even lower. In the Mega Millions multi-state lottery in the United States, 5 numbers are drawn from a group of 70 and 1 number is drawn from a group of 25, and a player must match all 6 balls to win the jackpot prize. The chance of winning the jackpot is 1 in ...
In expected utility theory, a lottery is a discrete distribution of probability on a set of states of nature. The elements of a lottery correspond to the probabilities that each of the states of nature will occur, (e.g. Rain: 0.70, No Rain: 0.30). [ 1 ]
Mathematics and probability theory give us a cold shower about the chances of winning the lottery – it’s about 1 in 13,983,816 in the case of only 6 balls (without any powerballs), but ...
Let’s look at the odds of winning lottery prizes for two of America’s favorite lottery games: Powerball and Mega Millions. Mega Millions. Top prize: 1 in 302,575,350.
Probability of winning any prize in the UK National Lottery with one ticket in 2003 2.1×10 −2: Probability of being dealt a three of a kind in poker 2.3×10 −2: Gaussian distribution: probability of a value being more than 2 standard deviations from the mean on a specific side [17] 2.7×10 −2
The brochure listed the odds of various correct guesses. Jerry saw that you had a 1-in-54 chance to pick three out of the six numbers in a drawing, winning $5, and a 1-in-1,500 chance to pick four numbers, winning $100.
The odds of winning the top prize of $1 million are 1 in 2,017,650, the North Carolina Education Lottery said. The overall odds of winning a prize are 1 in 4.21, the lottery said.