The before tax expected value of the ticket is the value of the jackpot divided by the number of combinations.
If you spend 2,000 to buy 1,000 tickets (1 ticket for each of 1,000 Powerball games there is a:.67 chance that you will get back 172 or less.94 chance that you will get back 180 or less.98 chance that you will get.
Updated for the 69/26 Game, concise Table of Powerball Odds (Mathematical derivation below).In Arizona, two tickets paid out 1 million each, said the Arizona State Lottery. .Players from jurisdictions where Powerball tickets are not sold, either in the United States or outside the country, can purchase Powerball tickets from a retailer licensed or authorized by the selling jurisdiction, if they meet the legal age requirement in the jurisdiction of purchase.Multiplier times Multiplier Probability Probability 2X 24/43 .1163 3X con edison energy star air conditioner rebate 13/43 .9070 4X 3/43 .2791 5X 2/43 .2326 10X 1/43 .2326 Sum .7674 Thus the expected average total payout if you pay for the Power Play option.7674 times the original payouts.(Pick any of the 25 losers.) Thus there are combin(5,5) x combin(25,1) 25 possible combinations.Winning numbers and jackpots can only be verified through our gaming system, accessible at any Ohio Lottery office.Prizes over 600 can be claimed at some lottery offices, depending on the amount, and also at lottery headquarters.To find your lotterys sales cut-off time, click here.The red Powerball number of a given play on your ticket must match the red Powerball drawn.If the results of these random number selections match one of the winning combinations on your lottery ticket, then you win something.Patti McFadden of Fort Myers, Fla., a lottery-playing veteran, said before Saturday's drawing that she visited multiple Powerball sellers to improve her chances.Val Without Payout With Prob. .Despite the lack of an overall winner, Powerball's Saturday drawing still had nearly 160 million in smaller prizes.Ticket expiration dates vary from 90 days to one year, depending on the selling jurisdiction.Probability values are from the 200,000,000 row above.The probability of success is thus: 416,640/292,201,338.001426 or One chance in 701.33.What happens to an annuity prize if the winner dies?For each of these, the probability of winning equals the number of winning combinations for that particular configuration divided by the total number of ways the Powerball numbers can be picked.