So I've always held lotteries in disdain, but the
Mega Millions is up to $1.6 billion.
https://www.washingtonpost.com/busi...-worked/?noredirect=on&utm_term=.56708a386287
Pick 5 numbers from 1 to 70, and a 6th number from 1 to 25.
The odds of winning the Jackpot are 1 in 70*69*68*67*66*25 = 1 in 36,309,042,000
Since the order doesn't matter for the first 5 numbers, there are 5*4*3*2*1 = 120 different orders that could be drawn for the same 5 numbers + the 6th number
36,309,042,000 / 120 =
1 in 302,575,350 of getting the Jackpot.
So for the cost of a $2 ticket, I could buy every possible combination for $605,150,700
I just need to calculate how many other winners there might be, lump sum penalty, taxes etc.
Are any of you planning on doing this too?