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The odds of both neither, just one.
Type of OutcomeProbability
Powerball Rolls.77.64%
Megamillions Rolls92.18%
Both Roll71.57%
Powerball Rolls, MM won6.07%
MM Rolls, Powerball won.20.61%
Both won.1.75%
Either, but not both, won26.68%
Expectation Value TypeValue
Pretax Powerball cash basis0.733
Pretax Megamillions cash basis0.221
Prize Values
MegaMillions Cash Value$7,000,000
MegaMillions Annuity Value$12,000,000
Powerball Cash Value$83,500,000.00
Powerball Annuity Va
Sep 17, 2006, 9:01 am - Prob988 - Jackpot Games Forum
The odds of both neither, just one.
Type of OutcomeProbability
Powerball Rolls.81.23%
Megamillions Rolls78.90%
Both Roll64.09%
Powerball Rolls, MM won17.14%
MM Rolls, Powerball won.14.81%
Both won.3.96%
Either, but not both, won31.95%
Expectation Value TypeValue
Pretax Powerball cash basis0.677
Pretax Megamillions cash basis0.689
Prize Values
MegaMillions Cash Value$94,700,000
MegaMillions Annuity Value$163,000,000
Powerball Cash Value$73,900,000.00
Powerball Annuity
Sep 14, 2006, 1:59 am - Prob988 - Jackpot Games Forum
Wisconsin factory workers win $208M Powerball lottery
From the PowerBall FAQ:
CAN INDIVIDUALS IN A GROUP CHOOSE CASH AND ANNUITY?
CAN INDIVIDUALS IN A GROUP DIVIDE THEIR SHARE UNEQUALLY?
An individual lottery may have rules about how they will pay a winner (how many checks; how many winners to process, etc.) but PowerBall can handle any request to divide the prize payments. We can divide the prize however the individuals in a group wish, including requests for cash or annuity. But again, an individual lottery's rules will apply and most lott
Aug 8, 2006, 11:17 pm - Raven62 - Lottery News
First Ever Multi-State Video Lottery Game Up and Running
Jackpot Over $540,000 and Growing
The lotteries of Delaware, Rhode Island, and West Virginia have begun operation of America's first multi-state video lottery game.
Ca$hola (pronounced cash-O-lah) features a shared prize pool that will create the progressive jackpot game for players in all three states; a jackpot that currently has an annuity value of over $540,000 and grows until won.
Sales of the Ca$hola game have begun at video lottery terminals (VLT's) located at tracks in the thr
Jul 26, 2006, 5:23 pm - Todd - Lottery News
Powerball Back-to-Back Jackpots Set Record
Sure, the truth is out there, but what's your point? Simply having that queston in the FAQ proves that Uncle Jim is right about how many people are clueless. Where have you ever seen the FAQ other than on the website? How much was spent last year promoting the jackpot with the anuity amount and how much was spent on promoting the FAQ and the truth?
The thing that PB officials are best at is promoting their game, and they apparently have no shame about how they do it, and that's Uncle Jim's
Apr 14, 2006, 2:30 am - KY Floyd - Lottery News
Probability of a MegaMillions rollover.
The annuity value in my projection program needed updating.
Here is the corrected form:
$581,272,410.78$340,892,04946.65%0.52%
$508,617,894.90$298,283,20350.94%1.11%
$444,354,625.49$260,595,47355.07%2.18%
(Average Annuity, M)$387,513,454.05$227,260,49459.00%3.96%
$315 $337,237,164.00$197,775,54562.70%6.71%
$262 $292,767,543.19$171,695,96566.18%10.70%
$247 $253,433,949.30$148,628,45269.41%16.16%
$201 $218,643,195.97$128,225,12472.40%23.28%
$169 $187,870,607.0
Mar 27, 2006, 8:55 pm - Prob988 - Jackpot Games Forum
Probability of a Rollover in Powerball.
The Powerball jackpot has rolled. The cash jackpot is now $51.6M and the annuity is $75M. (The annuity structure at MM would make this a 60M jackpot roughly.) The last draw had a cash value of $31.4M based on sales.
The average sales for 7th draws since the matrix change is $15.2M, but sales have been running above average. Still if 15.2M tickets were sold, the probability of various numbers of winners is given in the following table:
090.12%
19.38%
20.49%
30.02%
Mar 16, 2006, 8:39 am - Prob988 - Jackpot Games Forum
Probability of a Rollover in Powerball.
The Powerball jackpot has rolled. The cash jackpot is now $35.4M and the annuity is $75M. (The annuity structure at MM would make this a 60M jackpot roughly.) The last draw had a cash value of $31.4M based on sales.
The average sales for 7th draws since the matrix change is $14.2M, but sales have been running above average. Still if 13.9M tickets were sold, the probability of various numbers of winners is given in the following table:
090.74%
18.82%
20.43%
30.01%
Howeve
Mar 12, 2006, 6:51 am - Prob988 - Jackpot Games Forum
Probability of a MegaMillions rollover.
OK, here is what I decided to try as a crude estimate of long term probability for rollovers. We'll see how it works, if the jackpot continues to roll and is not won.
I rejected all of the data points before and including data point #14, assuming that the post lotto fever jackpots would represent a new exponential function, different than that which so accurately represented the first 14 drawings. For data points 15 and 16 I used the average sales from previous jackpots (the mean of 3 an
Feb 25, 2006, 1:15 pm - Prob988 - Jackpot Games Forum
Lottery's 'luckiest woman' bet flabbergasting sums on scratch-offs
By Peter Mucha, Philly.com
First of three parts
For years, people who dream of beating the lottery have puzzled over the amazing case of Joan Ginther, who made headlines around the world by scratching off 10MILL on a $50 instant ticket in June 2010 to win her fourth multimillion-dollar prize.
Skeptics wondered if she cheated or had an ingenious system for pinpointing winners. After all, Ginther received a Ph.D. from Stanford and has lived for years in Las Vegas. News reports at the tim
Jul 2, 2014, 8:26 am - Todd - Lottery News
