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friend of mine spent last night $150.00 on Mega + Powerball. Is this too much?

Topic closed. 19 replies. Last post 2 years ago by RJOh.

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RJOh's avatar - chipmunk
mid-Ohio
United States
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March 24, 2001
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Posted: March 17, 2015, 2:47 am - IP Logged

We can get 2 to 1 odd of matching 1 + 1 with 15 tickets, ten times more with 150 tickets, or maybe more by being creative with the combinations. The odds on 150 tickets are exactly the same for QPs and self picks, but players can get better payoffs by if their conditions are met.

The odds of matching 1 +1 in MM are 1:56 according to my figures and you say you can get odds of 2:1 with 15 lines, how do you figure?

 * you don't need to buy more tickets, just buy a winning ticket * 
   
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    Kentucky
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    February 14, 2006
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    Posted: March 17, 2015, 4:37 am - IP Logged

    The odds of matching 1 +1 in MM are 1:56 according to my figures and you say you can get odds of 2:1 with 15 lines, how do you figure?

    I said we can get are 2:1, but to do that the five numbers must be on five of the 15 lines. It's 10 lines with no matches to 5 lines with one match or 2 to 1 odds. The bonus ball must match one of the five lines and again it's 10 chances to not match compared to 5 chances to match or 2 to 1 odds.

    I suppose it could be 4 to 1 odds.

      RJOh's avatar - chipmunk
      mid-Ohio
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      Member #9
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      Posted: March 17, 2015, 10:44 am - IP Logged

      I said we can get are 2:1, but to do that the five numbers must be on five of the 15 lines. It's 10 lines with no matches to 5 lines with one match or 2 to 1 odds. The bonus ball must match one of the five lines and again it's 10 chances to not match compared to 5 chances to match or 2 to 1 odds.

      I suppose it could be 4 to 1 odds.

      Is this one of those cases where figures don't lie?  But figurers................

       * you don't need to buy more tickets, just buy a winning ticket * 
         
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        Kentucky
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        Posted: March 17, 2015, 2:27 pm - IP Logged

        Is this one of those cases where figures don't lie?  But figurers................

        The 1 in 56 odds for matching  1 + 1 are the odds of any individual ticket, but we're taking about multiple tickets. Because the probability is one ticket out of 56 will match 1 + 1, 15 tickets have a less than a 1 in 4 chance (56/15=3.733).

        Make 15 groups each with 15 lines using all of the 75 numbers and give each group one of the 15 bonus numbers. The cost is $225, but the group matching the bonus number is guaranteed to win a minimum of $20. The probability is four 1 + 1 matches (225/56) with a 2 to 1 chance of matching 2 + 1 and a 48 to 1 chance of matching 3 + 1.

        When I was in the 30 person Ohio Super Lotto pool, we had $150 QPs in many drawings with very few 4 number matches because the odds are over 1000 to 1 or 6.67 to 1 for the 150 tickets. It was right after we hit 5 numbers and won $1500 ($50 per player) many of the players decided it wasn't worth playing and quit (that's another story).

        If you make 15 lines with all 75 numbers and use a different bonus number with each line, the odds of matching 1 + 1 are 2 to 1 when the winning numbers are on 5 of the lines. If one line matches two numbers the odds of having 1 + 1 is 4 to 1 (12 to 3) and the payoff is $1 more. The 2 to 1 odds are based on using all 75 numbers on 15 lines each with a different bonus number. 15 QPs gets 3.733 to 1 odds.

          RJOh's avatar - chipmunk
          mid-Ohio
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          Posted: March 17, 2015, 5:55 pm - IP Logged

          The 1 in 56 odds for matching  1 + 1 are the odds of any individual ticket, but we're taking about multiple tickets. Because the probability is one ticket out of 56 will match 1 + 1, 15 tickets have a less than a 1 in 4 chance (56/15=3.733).

          Make 15 groups each with 15 lines using all of the 75 numbers and give each group one of the 15 bonus numbers. The cost is $225, but the group matching the bonus number is guaranteed to win a minimum of $20. The probability is four 1 + 1 matches (225/56) with a 2 to 1 chance of matching 2 + 1 and a 48 to 1 chance of matching 3 + 1.

          When I was in the 30 person Ohio Super Lotto pool, we had $150 QPs in many drawings with very few 4 number matches because the odds are over 1000 to 1 or 6.67 to 1 for the 150 tickets. It was right after we hit 5 numbers and won $1500 ($50 per player) many of the players decided it wasn't worth playing and quit (that's another story).

          If you make 15 lines with all 75 numbers and use a different bonus number with each line, the odds of matching 1 + 1 are 2 to 1 when the winning numbers are on 5 of the lines. If one line matches two numbers the odds of having 1 + 1 is 4 to 1 (12 to 3) and the payoff is $1 more. The 2 to 1 odds are based on using all 75 numbers on 15 lines each with a different bonus number. 15 QPs gets 3.733 to 1 odds.

          I see the error, 4 to 1 is being confused with 1:4 which are quite different.

           * you don't need to buy more tickets, just buy a winning ticket * 
             
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