Tag Archive
Understanding Lottery Statistics
Today’s topic is understanding the odds of winning a lottery.
Let’s take the average 6/49 lottery that operates in several USA states and Canada Provinces as an average lottery for our example. To win the lottery grand prize “you” as the contestant have to select all six numbers exactly as drawn in the weekly or monthly [...]
Statistics Say Do Not Play the Lotto
Most people say that winning the lotto is never going to happen to me, and they are right. It will probably never happen to you either. The cost to have a ticket is small though and many of us are prepared to invest that small amount to have a chance of winning Big Money. Why [...]