Buying another lottery ticket doesn't double your chances, amirite?

Depends on the lottery...

by Anonymous 3 years ago

Why not

by Anonymous 3 years ago

if there where only 4 tickets and you bought two then your chances are doubled. (i think thats correct math,

by Anonymous 3 years ago

Even if you bought all possible outcomes you would lose lots and lots of money. loser

by Anonymous 3 years ago

What if you buy all the tickets your chances would be 100/100

by Anonymous 3 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 Anonymous 3 years ago

We as science students are taught that when its 0.019 its ≈0.02 so ill take it as double.

by Anonymous 3 years ago

Each ticket you buy is a 50 50 chance right? You're either gonna win or you're gonna lose...

by Anonymous 3 years ago

The arguments here just prove why the lottery works so well as a tax. 😶

by Anonymous 3 years ago

If the chance of winning is 1/100 it does.

by Anonymous 3 years ago

No then it'd be 2/101

by Anonymous 3 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 Anonymous 3 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 Anonymous 3 years ago

I guess you are right. Op should clarify the mechanics of the lottery.

by Anonymous 3 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 Anonymous 3 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 Anonymous 3 years ago

Yeah but not exactly double

by Anonymous 3 years ago

Yes it does. It's still quite small but it certainly is double.

by Anonymous 3 years ago