• Odds of Powerball or Mega Millions Jackpot Winner Based on Number of Ti

    From Ion Saliu@21:1/5 to All on Thu Oct 7 04:38:37 2021
    This question arises every time the jackpots reach dizzying heights.

    “What are the odds that at least one ticket will win the Powerball jackpot based on the amount of prize money, sales, or number of tickets sold?”

    There are accurate answers based on three mathematical methods.

    1) If a number of tickets N were sold over several drawings, what is the degree of certainty (commonly known as chance) that at least one ticket will hold the jackpot (the winning combination)?

    2) If a number of tickets N were sold in this particular draw, what is the degree of certainty that at least one ticket will hold the jackpot (the winning combination)?

    3) In the case of rollovers, we know the number of tickets N sold in each drawing. We can calculate the average degree of certainty or chance. Then, we can apply the probability of at least one success in a number of trials (draws).

    I go with method 3, although it leads to a result very close to the calculation of method 1.

    You can see the in-depth analysis and make an educated decision:

    https://saliu.com/powerball-jackpot-odds.html

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  • From Dennis Calafati@21:1/5 to ions...@gmail.com on Fri Oct 29 02:13:17 2021
    On Thursday, 7 October 2021 at 10:38:38 pm UTC+11, ions...@gmail.com wrote:
    This question arises every time the jackpots reach dizzying heights.

    “What are the odds that at least one ticket will win the Powerball jackpot based on the amount of prize money, sales, or number of tickets sold?”

    There are accurate answers based on three mathematical methods.

    1) If a number of tickets N were sold over several drawings, what is the degree of certainty (commonly known as chance) that at least one ticket will hold the jackpot (the winning combination)?

    2) If a number of tickets N were sold in this particular draw, what is the degree of certainty that at least one ticket will hold the jackpot (the winning combination)?

    3) In the case of rollovers, we know the number of tickets N sold in each drawing. We can calculate the average degree of certainty or chance. Then, we can apply the probability of at least one success in a number of trials (draws).

    I go with method 3, although it leads to a result very close to the calculation of method 1.

    You can see the in-depth analysis and make an educated decision:

    https://saliu.com/powerball-jackpot-odds.html

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  • From Dennis Calafati@21:1/5 to Dennis Calafati on Fri Oct 29 02:13:37 2021
    On Friday, 29 October 2021 at 8:13:18 pm UTC+11, Dennis Calafati wrote:
    On Thursday, 7 October 2021 at 10:38:38 pm UTC+11, ions...@gmail.com wrote:
    This question arises every time the jackpots reach dizzying heights.

    “What are the odds that at least one ticket will win the Powerball jackpot based on the amount of prize money, sales, or number of tickets sold?”

    There are accurate answers based on three mathematical methods.

    1) If a number of tickets N were sold over several drawings, what is the degree of certainty (commonly known as chance) that at least one ticket will hold the jackpot (the winning combination)?

    2) If a number of tickets N were sold in this particular draw, what is the degree of certainty that at least one ticket will hold the jackpot (the winning combination)?

    3) In the case of rollovers, we know the number of tickets N sold in each drawing. We can calculate the average degree of certainty or chance. Then, we can apply the probability of at least one success in a number of trials (draws).

    I go with method 3, although it leads to a result very close to the calculation of method 1.

    You can see the in-depth analysis and make an educated decision:

    https://saliu.com/powerball-jackpot-odds.html

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  • From Ion Saliu@21:1/5 to All on Fri Nov 26 01:38:22 2021
    The first notable landmark has been reached: 100 views! Many happy returns!

    Parpalaxio,
    Viewer At-Large

    https://saliu.com/axiomatic.html
    • "A good man is an axiomatic man; an axiomatic man is a happy man. Be axiomatic!" – 3:14, 6:18

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  • From Ion Saliu@21:1/5 to Ion Saliu on Wed Apr 12 04:11:06 2023
    On Thursday, October 7, 2021 at 2:38:38 PM UTC+3, Ion Saliu wrote:
    This question arises every time the jackpots reach dizzying heights.

    “What are the odds that at least one ticket will win the Powerball jackpot based on the amount of prize money, sales, or number of tickets sold?”

    There are accurate answers based on three mathematical methods.

    1) If a number of tickets N were sold over several drawings, what is the degree of certainty (commonly known as chance) that at least one ticket will hold the jackpot (the winning combination)?

    2) If a number of tickets N were sold in this particular draw, what is the degree of certainty that at least one ticket will hold the jackpot (the winning combination)?

    3) In the case of rollovers, we know the number of tickets N sold in each drawing. We can calculate the average degree of certainty or chance. Then, we can apply the probability of at least one success in a number of trials (draws).

    I go with method 3, although it leads to a result very close to the calculation of method 1.

    You can see the in-depth analysis and make an educated decision:

    https://saliu.com/powerball-jackpot-odds.html

    Ultra Axiomatics:

    • There is a new useful feature for reading the Usenet posts in Google Groups. The vast majority of newsgroup members use GROUPS.GOOGLE.COM to post and read on the Internet pioneering service, Usenet.

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