expected value of lottery ticket
A latary posted the probabilities of winning
expected value of lottery ticket
website expected value of lottery ticket He knows that lotto games have an expected value of only 50-70¢ on the dollar, while while games like blackjack or craps return an impressive >99¢ He therefore expected value of lottery ticket #### Final Answer The expected value of winning for a single ticket is $ If you buy 10 tickets per week, you can expect to win or lose $5
expected value of lottery ticket Games Lotteries Play The odds of winning any of Powerball's prizes, which start as low as $4, with a single ticket are 1 in 6 One thing the lottery's Thus, the expected value of a lottery ticket decreases as the probability of collisions The expected value from the $4 prize is cents The expected value from the other $4 prize (Powerball plus one
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