When you play the lottery you are always optimistic about winning even though you know the odds are very high. Do you think knowing your actual odds would make the difference in your purchasing or not purchasing a lottery ticket.
The law of probability is used to calculate the odds of winning the lottery. Here you will see how to calculate the probability of winning the lottery yourself.
1. For the 1st number the odds are 6 out of 50 (6/50)
2. Since one number has come out of the pool, the probability of drawing the second number is 5 out of 49 (/49)
3. Now here are only 48 balls remaining and the chances of picking the third ball is now 4 out of 48 (4/48)
4. Following the above scenario you're the probability for picking the next number is 3 out of 47 (3/47)
5. For the fifth number the chances move to 2 out of 46 (2/46)
6. And of course leaving you with a probability of 1 out of 45 for the last number to be picked.
You will see that as the amount of numbers you get correctly increase your chances of getting the next ball decreases. Now we can put all these numbers together to calculate your chances for winning the jackpot. All you have to do is multiply all the odds mentioned above. Your answer will be 1 out of 15,890,700. That's the amount of people you will have to beat. Is luck on your side?
