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If You Won Both?Reply
Those are the odds of one specific person who hasn't yet won winning both games with only 1 chance for each game. To get the odds of two events happening you simply multiply the odds of one event by the odds of the other. Other than the odds being vastly different, this is just like your chance of flipping a coin and getting heads and rolling a die and getting a 3. For that the odds would be (1 in 2) * (1 in 6) = 1 in 12. Other than needing a calculator it works just th esame for PB and MM: (1 i
Feb 5, 2010, 2:10 pm - KY Floyd - Jackpot Games Forum

Rather win less often, but bigger prizes OR win more often, but much smaller prizes?Reply
That's certainly a trick question. Were the odds the same, the bigger prize of course but that's the problem, the bigger prizes comes with worse odds and since there's a preference to win over losing then it would be the win more often but smaller prizes. Of course, there's an entire spectrum there and the question is where on that spectrum would you be happiest. A while back, I rated the scratch-off games in Texas by using log base 10 on the odds against and on the prize value on the concept
Dec 26, 2009, 5:28 pm - jwhou - Lottery Discussion Forum

Need some adviceReply
The debate about odds has been going on ever since I joined LP and it's always about comparing odds to chances. If one ticket is bought, there are 15,000 tickets sold, and of those tickets only one is a winner than each ticket has a 1 in 15,000 chance of being drawn. If each ticket costs $100 and the prize is $300,000 then you divide the prize by the cost of the ticket; $300,000/$100=$3000 so the payoff odds are 3000 to 1. Depending how it's expressed, you're equally correct by saying the odds a
Sep 14, 2009, 9:50 am - Stack47 - Lottery Discussion Forum

Need some adviceReply
If you buy one ticket and all 15,000 tickets are sold then your chances would be 1 out of 15,000. But I think your chances would be better than that because I doubt the seller will even come close to selling that many tickets at a $100 a pop. I'd be more concerned about the drawing than the odds because it's not being conducted by the state lottery that has experience in withholding taxes. Before I bought a ticket I'd have to know there was an actual drawing date and if that date was continge
Sep 10, 2009, 11:48 am - Stack47 - Lottery Discussion Forum

How do I compute the odds of winning a lottery twice?Reply
How much effort do you want to put into it? Multiply the odds together, like any other fraction. 1/4 times 1/4 is 1/16. 1/41,000,000 * 1/14,000,000 is 1 in 574,000,000,000,000. How long will you continue to play? Each chance increases your odds of winning, whether it's all for the same drawing or spread over many drawings. If the overall odds are 1 in 41 million, your odds with 5 chances are 5 in 41 million, or 1 in 8.2 million. For the other, it's 5 in 14 million or 1 in 2.8 million. That ma
Aug 21, 2009, 1:23 pm - KY Floyd - Lottery Discussion Forum

I need someone to calculate the odds of this happeningReply
Actually, hitting a straight twice in a row IS 1 in 1,000,000. This thread was about the odds of having two successive quick picks be the same number. The reason it is 1 in 1,000 is that no matter what the first number is, there are no odds associated with it. HOWEVER, in the case of WINNING twice in a row, there ARE odds associated with the first win. Those odds are 1 in 1,000. Winning on the second day is also 1 in 1,000. The odds of hitting both drawings in a row is therefore 1 in 1,000
Jul 20, 2009, 1:19 pm - Todd - Mathematics Forum

Same Numbers Win In Several JackpotsReply
How many combinations did you plug in randomly? If the game has lasted long enough to have had 1000 drawings, your chances of picking one randomly and finding that it has won are about 1000 in 10.18 million (assuming you're talking about lotto) or 1 in 10,800. Those aren't very good odds. OTOH, when you're looking to see if any of the 1000 that are winners have repeated you're not making 1000 guesses all at the same odds of 1 in 10.18 million possibilities. Each additional set of winning numb
Mar 16, 2008, 3:17 am - KY Floyd - Lottery Discussion Forum

A dollar and a dream true for PB and MM?Reply
You once used a craps analogy to explain odds. We know there are 6 ways to roll a seven and 5 to roll a six so the odds are 6 to 5; in other words losing combinations to winning combinations (unless you're playing the don't ). If you also have a bet on the eight the odds are 6 to 5 on that bet too, but if you make both bets, there still 6 ways you can lose but there are now 10 ways you can win. If you have bets on the other 4 numbers you have another 14 ways to win. With 24 ways to win and
Sep 7, 2007, 2:07 am - Stack47 - Jackpot Games Forum

Probabilty of Someone Winning a PB & MM Jackpot in the same Week!Reply
But lets say 70M people buy one ticket, each with a different combination, then the odds of the lottery being(or someone winning) hit is 1 in 2 or 50%. Twisted - you are correct! But you are also agreeing with me, but don't seem to realize it. Yes, buying 70 million tickets is the same as reducing the odds by 50%, which is exactly what I wrote. So why are you saying I'm wrong and confused? Don't worry about being articulate. I think you write very well. I'm just not sure you
Mar 4, 2007, 5:09 pm - justxploring - Jackpot Games Forum

Lotteries long for 'jackpot fever'Reply
It sounds like we are getting a pretty good consensus here on the odds being too long. I was very frustrated when I posted a protest thread here before PB raised the odds and some people insisted raising the odds would be good for the game. Apparently, I have been completely vindicated. The odds went up and sales went down. I keep a spreadsheet of what I would do with the money if I won and when the jackpot starts to get over $100 million I already have every dream fulfilled. When it ge
Feb 14, 2007, 10:50 am - tony95 - Lottery News