$500 Million Jackpot: Calculating Your Odds -- ForbesThe Mega Millions lottery drawing Friday night will deliver a jackpot estimated at $540 million. Your odds of picking the winning combo are 175.7 million to one. Divide one number by the other. That means a ticket is worth $3.07, right? Maybe you should buy as many as you can?
Not so fast. There’s a little more to the math here. You have to allow for not only the long odds that you’ll pick the right numbers but also the short odds that you will be sharing that jackpot.
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My Comment: 175.7 million to one are my odds.
