|Posted: September 29, 2013, 6:06 pm - IP Logged|
It's all about the odds and ticket sales. The last 4 draws Mega Millions only had combination coverage of 14-18 percent. When you're selling less than 20% of combinations every time (which resets for each draw), then not having a winner is actually normal. Cumulative coverage up to and including the last draw was only 88%. We could roll right into the new matrix without a winner and it would be perfectly well within reason.
If the chances of winning the jackpot are so slim, why play when the jackpot is so small? Your chances never change, but the potential payoff does.
If a crystal ball showed you the future of the rest of your life, and in that future you will never win a jackpot, would you still play?
2017: 0% (0 tickets)
P&L % = Total Win($)/Total Wager($) - 1