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Posted by xin xiu24 on 7. Jul 2016
recent change in its matrix Guido
Pizarro Jersey , Powerball reclaimed the infamous position of being
the most outrageously exploitive lottery game in the United States, a position
previously held by another despicable game known as the Mega Millions.
In
the new Powerball matrix, which is denoted by 559 + 139 for brevity, the player
selects 5 numbers from 1 to 59, plus, a Powerball number from 1 to 39. With such
a format, the chances of winning the jackpot have jumped to nearly one in 200
million to be exact they are 1 in 195,249 Gonzalo
Higuain Jersey ,054. Similarly, Mega Millions with a matrix of 556
+ 146, has jackpot odds of 1 in 175,711,536. When mentioned like this, they are
nothing more than just numbers, but the real questions is what the physical
significance of these numbers is.
A visitor to our web site, US Lotteries
(dot com) Gabriel
Mercado Jersey , once asked to buy the printout of all the possible
Powerball combinations. At first thought, it would appear to be a simple and
lucrative business idea since a few lines of computer program with a very
powerful machine can generate the numbers. So far so good. Then, we tried to
figure out what would be the size of the book that would hold all the numbers.
We picked up the biggest and most common book around and it happened to be the
Merriam Webster s Collegiate dictionary, which has 1,600 pages of fine print and
with 100 lines a page laid out in two columns. We determined that we can fit
four columns of Powerball numbers on a page each with 100 lines, which means
that we can print 400 combinations on a single page. Well, some of us were quite
surprised to find out that the dictionary can hold only 640,000
combinations Fernando
Gago Jersey , and for all the 195,249,054 Powerball numbers we will
require 305 dictionary sized books. A similar calculation would result in 275
books for Mega Millions. You can now imagine what it means to pick the right
Powerball or Mega Millions number combination in order to hit the
jackpot.
As if picking the right book out of 305 or 275 is not hard
enough, one has to flip through 1,600 pages of that right book to pick the right
page, and then the right number out of the 400 numbers on a page. In fact, a
player would be very lucky if heshe can pick the right book at the outset much
less proceeding to the next two steps. It certainly is true to say that you have
a better chance of being hit by lightning than to hit a jackpot. However, note
that this cliche would be a fallacy if the last word Federico
Fernandez Jersey , jackpot, as many people say it, is replaced by
lottery, since thousands of people win $100,000 or more every year in the
lottery while less than a 100 get killed by lightning. Moreover, if it serves as
a consolation, you have a better chance of hitting either a Powerball or a Mega
Millions jackpot than being elected as the President of the United
States.
One may argue that Powerball and Mega Millions are not only about
the jackpots, there are also lower prizes as well. Nevertheless Facundo
Roncaglia Jersey , the odds of the second prizes are not comforting
either. They are 1 in 5,138,133 for Powerball and 1 in 3,904,701 for Mega
Millions to get a 5 of 5 without the Ball. These are equivalent to picking a
number from 8 and 6 dictionary sized books, respectively.
Although
millions of people play these games, there is usually no jackpot winner week
after week simply because the ticket sales are not large enough to cover all the
possible combinations, therefore many numbers are left out. As a
result Ezequiel
Lavezzi Jersey , consecutive no winner draws will drive the big
prize up to several hundreds of millions of dollars. In fact, the people at
Powerball and Mega Millions will be rejoicing every time there is no jackpot
winner since it means more ticket sales; so will the players, since it means
another shot at the big money on its next draw. Some people have even
established the notion that these games are rigged to draw unsold numbers in
order to elevate the jackpot. Why on earth would anybody bother to rig these
games and get in trouble while the beautiful science of probability takes care
of it.
Certainly, as the jackpot amount grows, more and more people start
playing the game and more and more numbers get covered. Even the most ardent
critics of the big lottery games will start spending a buck or two. Who will not
be lured by the fact that a dollar can buy such an exorbitant amount. After all,
it is, as the saying goes, nothing ventured nothing gained; or no guts no glory.
And somewhere Ezequiel
Garay Jersey , sometime, however long it takes, somebody wins, and
it might as well be you. But don t count on it, since it is like finding a
number from 305 books each with 1600 pages and each page with 400 numbers.
Author's Resource Box
If it helps, the authors web site, http:us-lotteries, presents data and analysis of all
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