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Showing posts with label fun with math. Show all posts
Showing posts with label fun with math. Show all posts

Tuesday, January 25, 2011

The Average 18 Year Old Has 6,255 Chances to Win the Lottery

Have you ever wondered how many chances you have to win a major lottery in your lifetime?

We too have asked ourselves this question many times. So we consulted the U.S. World Factbook and found the average life expectancy of a U.S. resident is 78.4 years. Since a person must be 18 years old to legally purchase lottery tickets, we find that a person has about 60 years in which they can buy Powerball, Mega Millions, or other lottery tickets.

Since these major lotteries have drawings twice a week, there are 104 opportunities to win each year. Multiplying 104 times 60 years, we obtain 6,240. Because of leap years, a player gets another 15 drawings to play. Adding 6,240 and 15 together, we find that there are a total of 6,255 drawings that may be played

Thus, we conclude, that: The Average 18 Year Old Has 6,255 Chances to Win the Lottery

As you get older, the number of opportunities becomes smaller. You can check the table below to see how many drawing you may have left to play.


Age Drawings
18 6,255
20 6,047
25 5,526
30 5,005
35 4,483
40 3,962
45 3,441
50 2,920
55 2,398
60 1,877
65 1,356
70 835
75 313


Note: These are only averages. Unfortunately, some players may pass away before they reach 78 years old. Others who are more fortunate, can have many more years left to dream.

Tuesday, December 8, 2009

Answer to Lottery Trivia Question #10: How can Lottery Players Use Fadic Numbers?

Last week's Lottery Trivia Question #10 was:
  • What is Fadic Addition?
  • How can it be used to select lottery numbers?
  • Where can you learn more about it?
The Correct Answers are:

  • Fadic Addition is the process of adding together the digits of a number, reducing its value the a single digit from 0 to 9. For example, assume that your birthday is October 25 1984, or 10/25/1984. In fadic addition, you add both numbers of the month, day, and year together to obtain 1 7 22. Whenever a resulting number is greater than two digits, you repeat the addition until only one number is left. Since the year value is 22, you must then add the two digits together and get 4. So, in fadic form, our month, day, year birthday is 1 7 4. If we then add these together we get 12. Since it contains 2 numbers, we must them together. Thus, our resulting birthday lucky number is 3!
  • While Fadic Addition is most commonly used in most forms of Numerology, it can also be used by lottery players in a variety of ways. For example, a pick 3 player may obtain his favorite number by reducing his birthday to the fadic month, day, year as shown above and play 1-7-4. A Mega Millions or Powerball player may select his playing combination by randomly selecting Fadic Numbers for each number. Once obtained, the Fadic number can be translated into the underlying number and played. For example, assume that you wish to select the Megaball based on the Fadic Addition of your birthday of Oct 25 1984. Using the example above, the your fadic number is 3. Working backwards, we find that the underlying numbers: 3, 12, 21, 30, 39, and 48 all produce a fadic number of 3. So these are the numbers that we play.
    • You can learn more about Fadic Addition by reading the following articles and searching for the word fadic:

    Remember to check-in tomorrow to read our 11th Lottery Trivia Question posting!

    Thanks,

    JL.........

    Wednesday, December 2, 2009

    Lottery Trivia Question 10: How are Fadic Numbers Used by Lottery Players?

    This week's Lottery Trivia Question is about Lottery Strategies.

    Our Trivia Question #10 is:
    • What is Fadic Addition?
    • How can it be used to select lottery numbers?
    • Where can you learn more about it?
    Enter your answer by leaving a Comment to this post below. Leave your name, and if you have a website or blog, provide it's URL and name.

    We will provide the correct answer next Monday, December 7th, and will post your name and a URL link back to your site.

    Have Fun,

    JL.........

    Saturday, September 27, 2008

    Chances of Duplicate Lottery Tickets - Special Edition

    Introduction
    We've often wondered what the likelihood of different lottery players having the same combinations in a single drawing actually was. Looking for an answer, we searched the internet, but could not find it. So, we decided to conduct our own research. This was performed by studying the classic Identical Birthday Problem, identifying the underlying mathematical formula, applying this formula to individual lotteries, and summarizing our results.

    Birthday Problem
    How often have you been in a group of people and discovered that two of you shared the same birthday? Was this purely coincidence, a random event? Or, was it in fact highly likely?

    The classic form of the Birthday Problem, which is familiar to most everyone, quantifies the chances of two people sharing the same birthday. Given a probability of certainty, the Birthday Problem solution calculates the size of smallest group necessary to meet that probability.

    Thus, when in a group of 23 (22.5 actually) people, you can be 50% certain that two or more of you share the same birthday. To be 99.9% sure, you need a group of 71 people!

    The Mathematics
    The formula behind this solution is fairly simple, and in terms of Excel is written as:

    SQRT(2*PopulationSize*LN(1/(1-Probability)))

    We solve the Birthday Problem by substituting the PopulationSize with 365 days and the Probability of 0.50 or 0.999 to acheive the answers above.

    Calculating the Chances of Duplicate Lottery Tickets
    We applied the formula above to the various lottery games that we cover and produced the Chance of Duplicates Table below.

    The first column identifies the lottery Game. Next is the Population (total number of possible combinations) for that game. The 3rd and 4th columns are our results. Column A identifies the minimum number of tickets that must be issued in order to be 50% sure that there at least one duplicate. Column B is similar, but identifies the minimum number of tickets that must be issued in order to be 99.9% sure that there at least one duplicate.

    Chance of Duplicates
    GamePopulationCol A
    50%
    Sure
    Col B
    99.9%
    Sure
    Powerball146,107,96214,232.044,928.3
    Powerball (Jan 09)195,249,05416,452.151,937.1
    Mega Millions175,711,53615,607.349,270.1
    Lotto 64913,983,8164,402.913,899.4
    Super 762,891,4999,377.429,476.7
    Super Lotto Plus41,416,3537,577.323,920.5
    Hot Lotto10,939,3833,894.312,293.6
    EuroMillions76,275,36010,283.032,462.0
    Irish Lotto8,145,0603,360.310,607.9
    UK Lotto13,983,8164,402.913,899.4
    Thunderball3,895,5842,323.97,336.2
    Birthdays36522.571.0

    The Chances
    As shown, the chances that duplicate lottery tickets will be sold are very likely. For example, there is a 50% chance that duplicate Powerball tickets will be issued when only 14,232 tickets are sold. And, you can be 99.9% sure that there are duplicates when only 45,000 tickets are sold. When Powerball changes format in January 2009, the total number of possible combinations will increase by over 49 million. Even so, you can be 99.9% sure that there will be duplicates when only 52,000 tickets are sold. By reading the table above, you can determine the likelihood of duplicate tickets in your favorite lottery, whether it be: Powerball, Mega Millions, Super Lotto Plus, Hot Lotto, EuroMillions, Irish Lotto, UK Lotto, or Thunderball.

    Summary
    This study identifies the number of tickets that must be sold in order to be 50% and 99.9% mathematically certain that one or more people will have duplicate combinations. While this information is not sufficient to estimate the total number of duplicate tickets, it provides a guideline to understand the chances. If you live in a small town of around 50,000 people, and everyone buys 1 lottery ticket, don't be surprised if you discover that someone else has the same combination as yours.

    JL .........




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