Say the odds are 1 in 80,000,000 like in Powerball (appx of course) To get that to a 1:10 chance, you’d have to buy 8,000,000 tickets. That sounds like a good deal, but you have to think that you would probably still loseand that’s a lot of money! So say you wanted to GUARANTEE you win: the jackpot’s at $200M and you know there are only 80,000,000 combinations so you go up to buy ALL of them. Well, you can’t because they make you buy them 5 at a atime and they make you fill the forms out. You can’t automate your buying of the tickets. You can’t possibly stand there long enough to buy them all, because it would take years!
I don’t know what you mean by “average lotto”. Lottery games can be anywhere from a few thousand to several tens of millions. If you wanted a 10% chance of winning, then you’d have to take the number of all possible numbers and divide by 10.
Toshi
June 28, 2010 at 12:40 pmthe odds of winning the lotto is 1 in a million. To make it simplified 1 in 10 you would need to buy 100,000 lotto tickets LOL
Dan M
June 28, 2010 at 1:21 pmSay the odds are 1 in 80,000,000 like in Powerball (appx of course) To get that to a 1:10 chance, you’d have to buy 8,000,000 tickets. That sounds like a good deal, but you have to think that you would probably still loseand that’s a lot of money! So say you wanted to GUARANTEE you win: the jackpot’s at $200M and you know there are only 80,000,000 combinations so you go up to buy ALL of them. Well, you can’t because they make you buy them 5 at a atime and they make you fill the forms out. You can’t automate your buying of the tickets. You can’t possibly stand there long enough to buy them all, because it would take years!
See, they think of everything.
lightnin
June 28, 2010 at 2:03 pm1000000000000000000000000000000000000000000
Geezah
June 28, 2010 at 2:54 pmI don’t know what you mean by “average lotto”. Lottery games can be anywhere from a few thousand to several tens of millions. If you wanted a 10% chance of winning, then you’d have to take the number of all possible numbers and divide by 10.