Comments on How do I compare lotteries' chances of winning jackpot, when they differ in the maximum number of plays?
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How do I compare lotteries' chances of winning jackpot, when they differ in the maximum number of plays?
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Do the odds below factor in each lottery's different maximum (number of) plays? Or are these odds calculated for merely 1 play?
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Does each lottery's different maximum (number of) plays affect the probability of winning the jackpot?
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How can I deduce which lottery's jackpot is easiest to win, when they differ in the maximum plays?
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For example, which has the highest chance of winning : 10 plays of Lotto 649 vs. 5 plays of DAILY GRAND (assume I pick $7 million lump sum) vs. 2 plays of DAILY KENO?
Data for 3 lotteries from the Ontario Lottery and Gaming Corporation
| LOTTO 649 | DAILY GRAND | DAILY KENO | |
|---|---|---|---|
| Jackpot | $5 million | $1,000/day for life or \$7 million lump sum | $2.5 million |
| Odds of winning jackpot | $\dfrac1{13,983,816}$ | $\dfrac1{13,348,188}$ | $\dfrac1{2,147,181}$ |
| Matching numbers required to win jackpot | 6/6 | 5/5 + Grand Number | 10/20 on a $10 bet |
| Number pool | 49 | 49 + Grand Number (7) | 70 |
| Number of tickets one person can buy | 10 | 5 | 2 |
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