A Mega Millions Lottery Ticket is a Good Investment

12 Mar 2014 /

Mega Millions uses 75 numbers for the first five selections and 15 numbers for the Mega ball.

The number of unique combinations of five numbers selected from a pool of 75 is

\frac{75!}{5!(75-5)!} = 17,259,390

Multiply that times 15 possibilities for the Mega ball and the odds of winning come out to 1 in 258,890,850.

BUT THE CURRENT MEGA MILLIONS JACKPOT IS OVER $350 MILLION!

Any time you can get 350 million to one odds on a 258 million to one bet, you’ve got to take it.


No Comments on A Mega Millions Lottery Ticket is a Good Investment »

Why not be first?

TrackBack URI

RSS feed for comments on this post

XHTML: You can use these tags: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>