Quote:
Originally Posted by GGG
I posted this earlier in the thread but it really it isn't that surprising that the 50 mil jackpot isn't won. So for those who think its a scam it really is just probabilities
Now it really isn't that surprising that this 50 million dollar pot wasn't one. This week started at 50 million and ended at 50 million plus 27 million in single prizes. So the jack pot increased by 27 million. So the 7/7 prizes are made up of 87% of the price pool which means the total price pool was about 31 million. This does not include the 3 of 7 / 4 of 7 prize.
The 3 of 7 and 4 of 7 prices represent about 1.30 of each ticket purchased. Of each ticket purcahsed 48% goes to prices so $2.40 of each ticket goes to prizes. 2.40-1.30 = $1.10 of each ticket goes to the big pool. So there would be a grand total of about 28 million tickets sold.
Now because you are allowed duplicate numbers the odds of no one winning with 28 million tickets sold is about 36%. Even with 50,000,000 tickets sold as estimated for next week there is still about a 16% chance no one wins.
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Has anyone really been far even as decided to use even go want to do look more like?