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The odds of both neither, just one.
Prize Values
MegaMillions Cash Value$24,600,000
MegaMillions Annuity Value$42,000,000
Powerball Cash Value$7,100,000
Powerball Annuity Value$15,000,000
Type of OutcomeProbability
Powerball Rolls.90.46%
Megamillions Rolls89.92%
Both Roll81.34%
Powerball Rolls, MM won9.12%
MM Rolls, Powerball won.8.58%
Both won.0.96%
Either, but not both, won17.70%
Type of Outcome Calculated From Mathematical Models of Jackpot Behavior
MM exceeds 100M annui
Nov 2, 2006, 5:02 am - Prob988 - Jackpot Games Forum
The odds of both neither, just one.
I have updated the spreadsheet used for this thread to include some additional data that seems to be of interest. If anyone finds this too cluttered, please let me know:
Prize Values
MegaMillions Cash Value$18,700,000
MegaMillions Annuity Value$32,000,000
Powerball Cash Value$44,000,000.00
Powerball Annuity Value$93,000,000.00
Type of OutcomeProbability
Powerball Rolls.86.53%
Megamillions Rolls90.85%
Both Roll78.62%
Powerball Rolls, MM won7.91%
Oct 31, 2006, 10:02 am - Prob988 - Jackpot Games Forum
Probability of a MegaMillions rollover.
The MM jackpot has rolled. The cash jackpot is $28.2M. The advertised annuity is $49M. The average number of sales for a 5th drawing is 19.9M, but sales have been lower than average.
If, nonetheless, this is how many tickets sell, the randomized probability for various numbers of winners is:
089.30%
110.11%
20.57%
30.02%
The long term model for jackpot evolution suggests the following:
Historical Average Advertised Annuity Jackpots$613,661,187.0
Aug 20, 2006, 1:21 am - Prob988 - Jackpot Games Forum
Probability of a MegaMillions rollover.
The MM jackpot has rolled. The cash jackpot is $28.2M. The advertised annuity is $49M. The average number of sales for a 5th drawing is 19.9M, but sales have been lower than average.
If, nonetheless, this is how many tickets sell, the randomized probability for various numbers of winners is:
089.30%
110.11%
20.57%
30.02%
The long term model for jackpot evolution suggests the following:
Historical Average Advertised Annuity Jackpots$613,661,187.0
Aug 20, 2006, 1:21 am - Prob988 - Jackpot Games Forum
Probability of a MegaMillions rollover.
MM has rolled over. The cash jackpot is $17.6M, the advertised annuity jackpot is $31.0M. The average number of tickets sold on a third drawing in an MM rolling sequence is 16.9M tickets. If this is the number of tickets sold, the probability distribution for numbers of winners will be the following:
090.82%
18.74%
20.42%
30.01%
The modelling function gives the following probability chart for jackpot evolution:
Historical Average Annuity Value$612,654
Aug 13, 2006, 9:02 am - Prob988 - Jackpot Games Forum
Probability of a MegaMillions rollover.
MM has rolled over. The cash jackpot is $13.2M, the advertised annuity jackpot is $23.0M. The average number of tickets sold on a third drawing in an MM rolling sequence is 15.97M tickets. If this is the number of tickets sold, the probability distribution for numbers of winners will be the following:
091.31%
18.30%
20.38%
30.01%
The long term probability for the evolution of the jackpot is as follows:
$541,956,738.63$305,603,38348.99%0.48%
$
Aug 9, 2006, 8:53 am - Prob988 - Jackpot Games Forum
Probability of a MegaMillions rollover.
The MM jackpot has been won and reset to the $6.8M cash value and $12M annuity value. First round drawings in MM typically sell 15.5M tickets. If this is how many tickets are sold, then the distribution of winners will be as follows:
091.58%
18.06%
20.35%
30.01%
The long term probability looks like this:
(Average Annuity, M)$409,469,345.57$230,895,21457.99%1.60%
$315 $355,472,288.41$200,446,87461.85%2.77%
$262 $307,855,282.82$173,596,17365.46%4.47%
Aug 3, 2006, 7:43 am - Prob988 - Jackpot Games Forum
Probability of a MegaMillions rollover.
The MM has rolled. The cash jackpot is now $17.6M. The advertised annuity is $31M. On average, fourth drawings in MM since the matrix change average $17.6 in sales. If this is how many tickets sell, the randomized probability of various numbers of winners is as follows:
090.61%
18.93%
20.44%
30.01%
The long term exponential function for modelled jackpot evolution looks like this:
$540,056,535.81$304,531,88049.68%0.54%
$470,742,277.20$265,446,340
Jul 29, 2006, 6:51 pm - Prob988 - Jackpot Games Forum
Probability of a MegaMillions rollover.
The most recent MM drawing rolled. The cash value is $13.0M; the advertised annuity is $23M.
If the current drawing sells an average amount for third drawings, the sales will be 16.0M and the randomized probability of various numbers of winners will be:
091.03%
18.55%
20.40%
30.01%
The long term jackpot evolution model based on average data and curve fitting suggests the following:
$540,013,762.28$304,507,76049.70%0.49%
$470,741,031.42$265,445,637
Jul 28, 2006, 10:41 am - Prob988 - Jackpot Games Forum
Probability of a MegaMillions rollover.
MM has been won. The jackpot is reset at $6.8M cash, 12M annuity.
The average 1st draw sells 15.9M tickets.
The winner probability distribution is, if the draw sells an average number of tickets, as follows:
091.35%
18.27%
20.37%
30.01%
Here is the long term probability:
$470,784,121.87$265,469,93554.34%0.86%
(Average Annuity, M)$410,344,090.99$231,388,47458.32%1.59%
$315 $356,919,038.34$201,262,68062.09%2.73%
$262 $309,694,769.77$174,633,44065.62%4.39
Jun 28, 2006, 5:37 am - Prob988 - Jackpot Games Forum
