-37
Buying another lottery ticket doesn't double your chances, amirite?
by Anonymous5 years ago
Depends on the lottery...
by Anonymous5 years ago
Why not
by Anonymous5 years ago
if there where only 4 tickets and you bought two then your chances are doubled. (i think thats correct math,
by Anonymous5 years ago
Even if you bought all possible outcomes you would lose lots and lots of money.
by Anonymous5 years ago
What if you buy all the tickets your chances would be 100/100
by Anonymous5 years ago
you know how the jackpot gets to be a million dollars? because people buy tickets, if you bought all the tickets youd at best only get back what you bought
by Anonymous5 years ago
We as science students are taught that when its 0.019 its ≈0.02 so ill take it as double.
by Anonymous5 years ago
Each ticket you buy is a 50 50 chance right? You're either gonna win or you're gonna lose...
by Anonymous5 years ago
The arguments here just prove why the lottery works so well as a tax. 😶
by Anonymous5 years ago
If the chance of winning is 1/100 it does.
by Anonymous5 years ago
No then it'd be 2/101
by Anonymous5 years ago
No. If s ticket has a chance of 1/100 then the chance of wining with either is 1 - (99/100)*(99/100) which is aprox 2/100. Why did you add 1 more ticket number out of nowhere?
by Anonymous5 years ago
My guess is this is largely a misunderstanding down to different types of lottery. This would apply to the 'draw a name from a hat' approach. But not a 'pick a set of numbers' approach.
by Anonymous5 years ago
I guess you are right. Op should clarify the mechanics of the lottery.
by Anonymous5 years ago
The understanding is that:
You have a ticket with 1/100 of a chance to get a prize
If you buy another ticket the odds would go up by one
And that would make your original ticket worth 1/101
And make the other ticket be worth 1/101 as well
And if you add them together you get 2/101
Which isn't double of 1/100
by Anonymous5 years ago
Didn't know it worked like this, where i live you choose a set of numbers and you win if they get drawn. Even so, 2/101 is very close to the double of 1/100
by Anonymous5 years ago
Yeah but not exactly double
by Anonymous5 years ago
Yes it does. It's still quite small but it certainly is double.
by Anonymous 5 years ago
by Anonymous 5 years ago
by Anonymous 5 years ago
by Anonymous 5 years ago
by Anonymous 5 years ago
by Anonymous 5 years ago
by Anonymous 5 years ago
by Anonymous 5 years ago
by Anonymous 5 years ago
by Anonymous 5 years ago
by Anonymous 5 years ago
by Anonymous 5 years ago
by Anonymous 5 years ago
by Anonymous 5 years ago
by Anonymous 5 years ago
by Anonymous 5 years ago
by Anonymous 5 years ago
by Anonymous 5 years ago