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Dumb question of the day
That fact that alot of people do indeed confuse this issue is exactly why I brought it up.So see if you agree:My odds of winning, personnally, if I play one ticket is (1/42,000,000)*100Then if I buy ten tickets, I've increased my personnal chances of winning tenfold, but now have the odds of (41,999,998/42,000,000)*100 In any case, even if you buy ten tickets, your odds of winning are incredibly low, even though you increased your own chances tenfold.
Aug 5, 2004, 10:17 pm - JKING - Mathematics Forum
Dumb question of the day
I firmly believe that the stated odds is an equation that cannot be reduced...for my example let's look at pick3...1 ticket, odds are 1 in 1,000 it is a SINGLE EVENT you are betting on.2 tickets, odds are 2:1,000 (the 1,000 is fixed because it is the number of possible outcomes.... now you have increased the number of FAVORABLE outcomes to 2, but this in no way reduces the possible outcomes... and they are still only drawing ONE combo)most people don't see it my way, if that helps them justify p
Aug 5, 2004, 8:54 pm - hypersoniq - Mathematics Forum
Probability of a rollover in PB and MM
For the first time in a millennium, the jackpot of a Canadian lottery exceeds its odds. The Lotto 6/49 jackpot for Saturday, August 7 is C$29 million while the odds of winning the jackpot is 1 in 27,967,632 per $1 wager.The approximate odds of the number of jackpot winners for Saturday are (based on 17 million tickets sold or C$34 million):0 - 30%1 - 36%2 - 22%3 - 9%4 or more - 3%Can Jake649 or prob987 please calculate the expected payout? This may be the closest that a Canadian lottery ever
Aug 5, 2004, 12:47 pm - LotteryBuddy - Jackpot Games Forum
Keno
play 5 to 6 spots, your odds are better
Aug 2, 2004, 11:03 pm - plumbusa - Gaming Forum
Interesting Study (please read)
Probability rules this thread, not odds or possibilities. The odds of a given number appearing in any draw is 1::1,000. But the odds of any numnber appearing twice will be 1::1 after somewhere between 300 and 400 draws - if one is interested I'll work the math out to a more exact number. But this means that in 1,000 consecutive draws, at least one three-digit number will NOT appear, since a duplicate draw has occurred. In actuality, in 1,000 consecutive draws, the probability is that one straigh
Jul 30, 2004, 11:04 pm - johnph77 - Pick 3 Forum
Change Mega Millions?
Todd:The odds of a 5/52+2/52 game are in the billions.
Jul 28, 2004, 8:12 pm - CASH Only - Jackpot Games Forum
Increasing the chances
It's bull crap. If you buy more tickets you increase your odds very slightly. Obviously the best way to increase your odds is to cover all the Mega/Power balls. If you cover every MB you improve your odds of 1 in 135 mill to 1 in 2.6 mill.
Jul 5, 2004, 9:24 am - pacemaker - Lottery Discussion Forum
Casino $$ vs. lottery $$: odds!
Having lived in New Jersey, I was fortunate enough to hit the Atlantic City casinos: my favorite being Balleys (slot machines) because the casino was lucky for me, and I could usually count on winning something. Serious casino players have their favorites, too. Ah, sweet memories! I remember leaving the casinos on Monday, February 17, 1997 (I checked the day) with $3,150.00. I won $1,000 (different casino), playing WHEEL OF FORTUNE (my favorite) -- and winning the rest at Balleys. In fact,
Jul 4, 2004, 5:15 pm - dphillips - Lottery Discussion Forum
Lines, dreams grow for tonight's $220 Million lottery jackpot
Odds of winning 1
Jun 29, 2004, 10:03 am - fxdwg - Lottery News
Probability of a rollover in PB and MM
I'm not much of a statistics guy, but can anyone explain how the Mega Millions comes up with the odds that they have, especially for the jackpot, and also to win just $2. I know there are 52 balls in the hopper for the Mega Ball, but how can the odds be 1:88 and the overall odds be 1:43, something seems strange.Thanks.
Jun 23, 2004, 9:38 am - skyhawk2472 - Jackpot Games Forum
