|Posted: February 24, 2010, 10:38 pm - IP Logged|
Can someone tell me what the odds for this are and how did you calculate it:
Lotto Max is a Canadian lottery game. It is a 7/49 game. For $5, you get three lines. So the odds of winning the jackpot, per ticket are 1-in-28,633,528.
For the February 26 draw, the jackpot is $50 million. In addition to the jackpot draw, there will be 9 additional unique bonus draws (Called Maxmillions), with each draw being a $1 million prize.
The odds for each of the draws are the same, 1-in-28,633,528, per ticket. My question is: There will be 10 draws for big prizes; what are the odds that you will win any one of the 10 draws with a single ticket purchased? Also, how did you calculate your answer?