Subj : Lotos
To   : All
From : MIKE ROSS
Date : Fri May 13 2005 11:44 am

Hi,

I was running a small program that calculated the odds of Loto 6/49
and found that over 98 percent of tickets are losers. No wonder the
governments make so much money with 6/49 and other lotteries!!!

Here are the percentages from a simulation of random picks to match a
winning number:

Total of 4,180,686 tickets picked

Numbers matched:     Percentage of tickets:
       0                    43.58
       1                    41.32
       2                    13.23
       3                     1.76
       4                     0.0977
       5                     0.00175
       6                     0.0        (no winning ticket drawn)

The losing tickets with matches of 0,1,2 totalled 98.13 percent.

Amount paid out on 4,180,686 picks was 1,217,416.00 as follows:
3 of 6    735,801.00
4 of 6    408,453.00
5 of 6     73,162.00
6 of 6          0.00

Total profit was 2,963,270, not bad! Since this was done in a brief
simulation we can now easily imagine what having a real draw twice a
week and 52 weeks per year might add up to from a single lottery.
i.e. hundreds of millions in profit! Lotteries really are for people
who are bad at math.

 M*i*k*e

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