The rule 4. Start on time
PowerBall Lottery Ticket, by the way, worth 2 dollar. To calculate the benefits, which would pay off the purchase of a ticket, you need to multiply the ticket price by 292 201 338.
More about calculations. This is a reference to the first point., where it says, that the benefit of a solution is equal to its value, multiplied by the probability. If we have an event with probability 1 / X and value N, then the benefit will be N / X. We spend 2 dollar and we can count, how much the win would pay off the ticket purchase:
- 2 = N ÷ X.
- N = 2 × X, and X here is just equal 292 201 338, as shown by the calculations from the previous part.
You also need to take into account taxes (discover, what percentage of the declared amount will actually go to the winner, usually it's about 70%). That is, the jackpot must be at least 850 million dollars, and this happens in this lottery. How so, I said at the beginning, that the gain in such a multiplication is always not in favor of the player?
The fact, what if the jackpot has not been drawn, then it goes next time, and that's why money accumulates for a while, and ticket sales continue.
But it is impossible to find out in advance. However, you can start buying tickets, as soon as the size of the jackpot exceeds the mentioned amount. In such a situation, mathematically, the game will be beneficial.
You can still understand, which is more profitable: buy many tickets for one game or buy one ticket for many games? Let's think.
In probability theory there is a concept of unrelated events. It means, that the outcome of one event does not affect the outcome of another. for example, if you roll two dice, then the falling numbers on them are not related: in terms of randomness, one die does not affect the behavior of the other. But if you draw two cards from the deck, then these events are connected, because the first card depends on, what cards will remain in the deck.
A popular misconception about this is called a player error.. It arises from a person's intuitive idea of the connectedness of unrelated events.
Returning to lotteries: different games are unrelated events, because the sequence of balls is re-selected. So the chances of winning any particular lottery do not depend on whether, how many times have you played it before. It is very difficult to accept intuitively., because a person every time, buying a ticket, thinks: “Well, now you're lucky, how long to, I've been playing a lot of time!" But no, probability theory is a heartless thing.
But buying multiple tickets for one game increases your chances proportionally, because tickets inside one game are tied: if one wins, means, other (with another combination) definitely won't win. Purchase 10 tickets increases the chances of 10 time, if all combinations on the tickets are different (in fact, almost always it is). In other words, if you have money for 10 tickets, it's better to buy them for one game, than buy with a ticket to 10 games.
If you just take a ticket from your salary once a month for the sake of, then, likely, the process of playing matters to you. Mathematically, it is more profitable to save this money and buy immediately at the end of the year 12 tickets, although, of course, losing in such a situation will be perceived more devastating.
Is it possible to make permanent money on lotteries
You can constantly make money on lotteries. Another question, that the income will be small and not predictable. Can, eg, play free online lottery "Social Chance".
To participate in the drawing, just register on the website, by entering your email address. Immediately after that, there will be a chance to play the lottery once. After filling out the profile, the number of chances will increase to 5, and then will be updated daily.
The essence of the game boils down to, to guess 6 numbers, which will appear on the scoreboard after pressing the lever. If a person used the services of a computer instead of, to substitute the numbers yourself, then the amount of his winnings will be less. Numbers are considered from left to right.
The table below shows a list of prizes in case of matching numbers:
Number of matches | Amount, rub. |
2 | 0,1 |
3 | 1 |
4 | 10 |
5 | 100 |
6 | 10000 |
No clever schemes, tricks or tips. You can make money, just having fun. Withdraw funds (minimum 50 rub.) carried out to an electronic wallet within 2-4 weeks.
Get an extra chance and increase the chance of winning, can: