Match White Match Gold Prize Chances
5 1 Jackpot 1 in 175,711,536
5 0 $250,000 1 in 3,904,701
4 1 $10,000 1 in 689,065
4 0 $150 1 in 15,313
3 1 $150 1 in 13,781
2 1 $10 1 in 844
3 0 $7 1 in 306
1 1 $3 1 in 141
0 1 $2 1 in 75
Right now the jackpot is worth $12 million. If you buy a ticket, what is the expected value?
How much would the jackpot have to be for the expected value to be more than $0? (Assume that you were the only one to choose the winning numbers)
Floyd
Example:
1, 3, 7, 23, 56 — 23
If I pick your numbers and win, i’ll give you a cool million, lol…
P.S I don’t have a gambling problem, I swear.
Larry