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  2. Lottery mathematics - Wikipedia

    en.wikipedia.org/wiki/Lottery_mathematics

    If the powerball is drawn from a pool of numbers different from the main lottery, the odds are multiplied by the number of powerballs. For example, in the 6 from 49 lottery, given 10 powerball numbers, then the odds of getting a score of 3 and the powerball would be 1 in 56.66 × 10, or 566.6 (the probability would be divided by 10, to give an ...

  3. Quick Pick vs Picking Your Own Lotto Numbers: Is One ... - AOL

    www.aol.com/quick-pick-vs-picking-own-115700389.html

    Odds are calculated by the total number of tickets in a scratch ticket game divided by the total number of prizes in that game. Study the odds of winning and the prize structure for the games you ...

  4. Lottery (decision theory) - Wikipedia

    en.wikipedia.org/wiki/Lottery_(decision_theory)

    In expected utility theory, a lottery is a discrete distribution of probability on a set of states of nature. The elements of a lottery correspond to the probabilities that each of the states of nature will occur, (e.g. Rain: 0.70, No Rain: 0.30). [ 1 ]

  5. Orders of magnitude (probability) - Wikipedia

    en.wikipedia.org/wiki/Orders_of_magnitude...

    Probability of an entry winning the jackpot in the Mega Millions multi-state lottery in the United States* [9] 5.707×10 −9: Probability of winning the Grand Prize (matching all 6 numbers) in the US Powerball lottery with one ticket in January 2014 10 −8: 1.303×10 −8

  6. Gambling mathematics - Wikipedia

    en.wikipedia.org/wiki/Gambling_mathematics

    The mathematics of gambling is a collection of probability applications encountered in games of chance and can get included in game theory.From a mathematical point of view, the games of chance are experiments generating various types of aleatory events, and it is possible to calculate by using the properties of probability on a finite space of possibilities.

  7. Coupon collector's problem - Wikipedia

    en.wikipedia.org/wiki/Coupon_collector's_problem

    By definition of Stirling numbers of the second kind, the probability that exactly T draws are needed is (,)! By manipulating the generating function of the Stirling numbers, we can explicitly calculate all moments of T: ():= (,) = = In general, the k-th moment is ()!

  8. Toto (lottery) - Wikipedia

    en.wikipedia.org/wiki/Toto_(lottery)

    Odds of winning [8] 1 (Jackpot) 6 numbers: 38% of prize pool: 1 in 13,983,816 2: 5 numbers plus the additional number: 8% of prize pool: 1 in 2,330,636 3: 5 numbers: 5.5% of prize pool: 1 in 55,491 4: 4 numbers plus the additional number: 3% of prize pool: 1 in 22,197 5: 4 numbers: $50 per winning combination: 1 in 1,083 6: 3 numbers plus the ...

  9. Keno - Wikipedia

    en.wikipedia.org/wiki/Keno

    Most casinos allow paytable wagers of 1 through 20 numbers, but some limit the choice to only 1 through 10, 12 and 15 numbers, or "spots" as keno aficionados call the numbers selected. [10] The probability of a player hitting all 20 numbers on a 20 spot ticket is approximately 1 in 3.5 quintillion (1 in 3,535,316,142,212,174,320). [11]