May
25
Mega Millions
mark w asked:


i need help picking lotto numbers 5 different numbers from 1-56 and one number from 1-46. 6 total numbers. do u think a fortune teller would work? i know of one near my area that people say she is really good and consistant with her fortune telling. if i win using your numbers i will give whomever it is 4 percent of what i won in the mega millions lotto. it may only sound like a little but 4 percent is a lot considering that the lotto prize is over 200 million thats almost ten million.

Mike
May
09
Filed Under (Gambling) by admin
Mega Millions
Neighbor asked:


Mega Millions tickets cost $1 per play. Players may pick six numbers from two separate pools of numbers: five different numbers from 1 to 56, and one number from 1 to 46. You win the jackpot by matching all six winning numbers in a drawing. According to the Illinois Lottery website, the chances of winning are given in the table.

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

Mega Millions
asked:


Pick six numbers from two separate pools of numbers:
a) Five different numbers from 1 to 56
b) One number from 1 to 46.

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