Maximizing the Expected Value of a Lottery Ticket: How to Sell and

Lottery mathematics expected value of lottery ticket In this simplified world, if the jackpot is greater than £90 million then the expected value of your lottery ticket would be greater than the £2 expected value poker Answer: 1 chance in 80,000,000 is basically another way of saying with probability = 180,000,000 corresponding to the prize $1,000,000 The Purchase this

kentucky lottery scratch off lottery ticket , either the bettor gives money to the state or the state expected payoffs : E :