700 light yrs West of Milky Way Galaxy's Center United States
Member #200,634
September 1, 2019
5,509 Posts Online
Quote: Originally posted by KY Floyd on Feb 2, 2023
That's how random probability works. 8 jackpots have been won since 2/1/22 for a total of about $3.44 billion, and an average of about $430 million. 2 of the jackpots were over $1.3 billion and took much longer than usual to be hit, and 3 were hit much sooner than is typical, for $31 million or less.
I'm not going to bother figuring out the actual total cash value, but at 52% it would be $1.789 billion, and based on the percentage of sales that goes towards the jackpot that required sales of about 2.75 billion tickets. With odds of 1 in 302 million we should expect that many tickets to produce 9.1 winners, so the 8 winners we got is pretty close. It's a bit more than what we see in most years, but the two huge jackpots resulted in more sales than we normally see.
Expecting 1 winner for every 302 million tickets also means we should expect the average jackpot to be about $196 million, so despite getting 3 unusually small jackpots in the last 2 weeks the average jackpot over the past year has been more than double what we could expect.
Only the past year is a small sample size for the lottery, but if we went back another year to 2/1/21 the actual results would be closer to the probable results. That's exactly what we'd expect, with the long term average being closer to what probability suggests than the average over a short period.
"That's how randomprobability works."
There iz NO SUCH THANG..!! After studying itz LAWZ..I've found Probability to be az structured az ANY uther immutable Lawz..(All water frezez at 32 degreez Fahrenheit, No xceptionz )..and for some to associate winning a Lottery wit the probability of a "lightning strike" iz complete buffoonnery..!! "randomness" iz GOVERNED by the Lawz of Probability..
So, whut say AnYoNe to thiz?... Iz it possible to increase your "probability" to actually be struck by lightning?
Let'z say for xample, cottoneyedjoe & Todd ea went out into the same Thunderstorm...(pleaze bare with me Todd, az using YOU in my example will most likely attract repliez)
Todd iz standing under a 30 ft tree...cottoneyedjoe on the uther hand , iz leaning on a Tall 30 ft wrought iron fence...which of the 2 in yo opinion, iz most likely to xperience an electrifying jolt, supposedly ...at random?...
Naah, even tho Ben Franklin conducted hiz now most famous similar xperiment, THERE WILL BE NO "BEN FRANKLLINz" given out for yo participation in THIZ survey..
700 light yrs West of Milky Way Galaxy's Center United States
Member #200,634
September 1, 2019
5,509 Posts Online
Quote: Originally posted by Vetman1427! on Feb 7, 2023
Me too! And hope it's me.!!!
I've built a system that gives me the winning numbers all the time. Even much so that not long ago I had all 5 plus the mm number!!
I just haven't got the right wheel to put them together.
The wheel I've built, can use 25 numbers in 10 plays for cost of $20..
"The wheel I've built, can use 25 numbers in 10 plays for cost of $20."
Huumm,.. But were they da "right "or "left-over" numberz/combinationz?...and it'z only moe proof that LO'z Mainframe duzz xactly whut I've been tryn ta tell folkz aaall along...
Their Mainframe sweepz thru every ticket submitted, then it selectz the very combination NOT played..!!... Afta Cutoff time..in uther werdz..
Tamperin wit the Product, afta purchase..!! Just like in the 2/16/23 GA. Jumbo Bucks Lotto.. Huh!.. made my ticketz look like cottoneyedjoe picked'em..