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7. Mega Millions Lottery Tickets, Megamillions, Megamillion, Mega Million, Powerball Lottery Tickets, Powerball Tickets and Powerball Online, Lottery Strategies and 'Ion Saliu Paradox of N Drawings'
A very subtle situation occurs when dealing with the number of tickets to play. Let's take as an example the pick-3 lottery. The probability to win with one single pick 3 combination is 1/1000. Do we have the same chance of winning if:
1 – play one ticket for 1000 draws; or
2 – play 1000 tickets in one drawing.

“The same difference”, most people would respond. Well, it ain't the same chance. If we play 1 ticket for the next 1000 draws, the chance to win (degree of certainty) is only 63.2%. That's calculated exactly by a relation named 'Ion Saliu Paradox or Problem of N Trials (Draws)'. On the other hand, if we play all 1000 pick-3 numbers in one drawing, we are guaranteed to hit the winning number. Of course, we still lose money because of the house edge. Read more on my web pages: "Theory of Probability: Best introduction, formulae, algorithms, software" and "The Mathematical Foundation Of The Fundamental Formula Of Gambling".

 

 

 

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