Probability of a Rollover on the Powerball 500M Jackpot. https://www.lotterypost.com/thread/253636 Lottery Post Forum Topic: Probability of a Rollover on the Powerball 500M Jackpot. en-us Lottery Post RSS Generator Reply #3 https://www.lotterypost.com/thread/253636/2803887 https://www.lotterypost.com/thread/253636/2803887 Wed, 28 Nov 2012 17:57:34 GMT grengrad Thanks Prob988

]]> grengrad Reply #2 https://www.lotterypost.com/thread/253636/2803552 https://www.lotterypost.com/thread/253636/2803552 Wed, 28 Nov 2012 15:05:55 GMT Prob988 No, it means that it is most likely. The percentages in the right column show that there is a 36 out of 100 chance of a rollover and a 37 of 100 chance of there being a single winning ticket.

There is a 74 out of 100 chance that there will be one or more winners.

]]> Prob988 Reply #1 https://www.lotterypost.com/thread/253636/2803526 https://www.lotterypost.com/thread/253636/2803526 Wed, 28 Nov 2012 14:52:13 GMT Ronnie316 Does most probable mean better than 50/50 chance

]]> Ronnie316 Probability of a Rollover on the Powerball 500M Jackpot. https://www.lotterypost.com/thread/253636 https://www.lotterypost.com/thread/253636 Wed, 28 Nov 2012 14:38:45 GMT Prob988 Based on the values for the cash value on the last jackpot, and the cash value of the current jackpot - should it hold - the Powerball authorities expect that they will sell $358M worth of tickets, which translates, because of the $2 cost per ticket, into 179M tickets.

On this basis, the Poisson distribution for randomized tickets suggest the following probabilities for numbers of winners, and the possibility of yet another rollover:

k, number of winners p(m,k)

0 35.99%

1 3... [ More ]

]]> Prob988