What am I not reading right in this exurpt? Someone help me.
If your odds of winning the jackpot are one in 88 quadrillion, then it seems to me that no one is going to win this thing for a long long time. Are you telling me that 88 quadrillion tickets are being bought? I doubt a fraction of 1 quadrillion tickets are even getting purchased. *head scratch*
Looks like the odds of someone winning both jackpots are one in 88 quadrillion.
The odds may be slim but it still only takes 1 ticket to win regardless of how many are sold
That’s the odds of one person winning both.
It’s the odds of WINNING BOTH at the same time!.....................
No one is going to win BOTH these things at THE SAME TIME for a long, long time. There, fixed it.
Every drawing, whether the pots be large or small, the chance of winning both is one in 88 quadrillion. That's why we've never seen it and probably never will see it in our lifetime, our children's lifetime, our grandchildren's lifetime. I'd go further out, but it could happen with probability one in 88 quadrillion.
It will happen on average once every 121 trillion years, or about 9,000 times longer than the age of the universe.
I will use my lottery draw, the 6/49, to explain the odds. As expressed as a fraction, (49x48x47x46x45x44)/(1x2x3x4x5x6) that works out to be about 1/13x10^6.
If you use that formula for the other draws, you’ll get the odds. Maybe winning both might be 1/88 quadrillion.
Your math assumes someone has to win. That is not true.