Lottery Monte Carlo Simulation Results. Shows likelyhood of winning the PB.

Reply #4

lcoleman — Wed, 13 Jan 2016 20:07:48 GMT

First) Everyone knows the odds

Second) You make some crazy assumptions... 70% of tickets are quickpick. So your assumption of using the same number throughout the simulation is invalid for most ticket purchasers. So you should try a new random number (for the quickpick with the similar RNG used by quickpick vending machines) to match another new random number (powerball with the same constraints).

For instance there are 8 total sets of balls? 4 white 4 red. You need to run a random nu... [ More ]

Reply #3

SergeM — Wed, 13 Jan 2016 17:15:37 GMT

Simulations are bogus, you play or you don't. No simulation ever won a cent! - dixit

Reply #2

dddwww — Tue, 12 Jan 2016 00:18:40 GMT

My thought is that is what everyone who plays the lottery should expect, to lose money and lose money consistently.

If the system is fair and nobody has gamed the mechanism or drawing then there is no system to pick winners. The best way to win the lottery is to rig it, modify the mechanism, get everyone who is supposed to be verifying it for fairness in on it, but that's illegal.

The house edge is simply too high to game any minor imperfections in the mechanism or balls and the number of... [ More ]

Reply #1

savagegoose — Mon, 11 Jan 2016 23:41:36 GMT

yeh i always think the best increase in odds is the1st ticket you buy. after that the improvement only gets worse

Lottery Monte Carlo Simulation Results. Shows likelyhood of winning the PB.

sthl129 — Mon, 11 Jan 2016 23:36:46 GMT

I have been running a powerball simulation all day long on one set of numbers going through thousands of drawings a minute.

Here are the results:

My Numbers: 28-35-40-47-59 PB:15

My simulation performed 47,850,356 completely random drawings. On the current PB schedule this many drawings would take 460,100 years. My total investment at $2.00 per drawing is $95,700,712.

I have won $1,000,000 5 times by hitting all 5 white balls.

The total I have won is 16,399,662 which is a -83% ROI... [ More ]