Lotto 6/49: value of ticket

In last part of the lotto 6/49 analysis, we compared numbers to see which were chosen more often by players. Now, in this part, we’ll check how different announced jackpot amounts can change the expected gains when playing. It is a fact that when the jackpot increases, the number of players increases too. The question is then to see…

Lotto 6/49 – Popularity based on drawn numbers

Lotteries often ask players to choose their own numbers from a particular set. Winning numbers are drawn by the lotery company and players win amounts depending on numbers matched. In Canada, there is one of these lottery games which is called lotto 6/49. To play this game, the participating player has to choose 6 numbers from a…