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How Do You Calculate these Odds?

Topic closed. 1 reply. Last post 7 years ago by Guru101.

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New Member
Toronto, Ontario
Canada
Member #87049
February 16, 2010
11 Posts
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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?

    Guru101's avatar - rw6jhh
    Indiana
    United States
    Member #48725
    January 7, 2007
    1954 Posts
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    Posted: February 25, 2010, 12:30 am - 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?

    With a single ticket, to win any one of the 10 drawings, take 28,633,528 divided by 10: 1 in 2,863,352.8.

    Gonna win.Big Smile