Thursday, 28 April 2011

Who's Counting?

"I've done the calculation and your chances of winning the lottery are identical whether you play or not." Fran Lebowitz

Victoria University statistical consultant Dalice Sim crunched the numbers yesterday and revealed the odds of winning the big one where rather long. Per line, the chance of picking all six balls plus the Powerball is 0.000000026064, or one in 38,367,096.

With a $12 Powerball ticket, the odds shorten to a paltry one in 6,394,516.

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