I have to admit, I understand the odds but I still buy a lotto ticket every now and then.
Buying a ticket on occasion and playing the odds is different than trying to beat the odds by unloading a dumptruck of cash into it. With odds like those, buying one ticket is pretty much just as effective as buying 100. Mathematically, yes, but in reality... pffft.
I know you know, but people like the OP need to just be a little smarter with their $500K.
Originally posted by That_Is_My_El_CaminoView Post
I had this idea back in high school before I was gambling age, but, to my surprise, it turned out that it required some obscenely high jackpot to break even. Who would've thought that you could lose money on the lottery?
You guys really know how to kick someone in the nuts.
Why do I have the feeling that some people are actually thinking the OP might be on to something? Nuts!
I had this idea back in high school before I was gambling age, but, to my surprise, it turned out that it required some obscenely high jackpot to break even. Who would've thought that you could lose money on the lottery?
54!/(6!48!) = 25,827,165, which is the number of unique combinations available when selecting 6 numbers from a lot of 54.
I'm not convinced that randomly selecting 6 numbers 500,000 times will produce a significant number of duplicates. The probability of selecting the same set of numbers twice is the same as winning the lottery.
No shit, why do you think I posted that I like the odds of that happening (having 500,000 unique combinations)?
54!/(6!48!) = 25,827,165, which is the number of unique combinations available when selecting 6 numbers from a lot of 54.
I'm not convinced that randomly selecting 6 numbers 500,000 times will produce a significant number of duplicates. The probability of selecting the same set of numbers twice is the same as winning the lottery.
Leave a comment: