Subj : Lotos
To   : MIKE ROSS
From : JAY EMRIE
Date : Fri May 13 2005 01:59 pm

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

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

MR>Total of 4,180,686 tickets picked

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

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

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

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

Or high on dreams or both.

Jay
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