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Old 01-12-2016, 06:13 PM   #141
Daradon
Has lived the dream!
 
Join Date: Apr 2004
Location: Where I lay my head is home...
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Quote:
Originally Posted by CliffFletcher View Post
I don't really understand that mentality of jumping into lotteries with a massive jackpot. So people are thinking pfft, $100 mil is no biggie - but I gotta get on that train if it's $1 billion! Don't you have much lower odds of winning when so many people buy tickets?

I'd rather have X odd of winning $1 million than X/10 odd of winning $10 million or X/1000 odds of winning $100 million.
The odds of winning are exactly the same. The odds of sharing your jackpot go up, but with a prize this big, it's still gonna be a good share.

Probably evens out to the smaller prizes when you think about it. Of course, the variance when looking at numbers this big are huge. It could still easily be a 1 person winner. And it could be split 30 ways.
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