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The odss are against the computer not the other players
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Posted by MI-Roger [Email] (#882) [Profile/Gallery] (more from MI-Roger) on Sun, 10 Jan 2016 06:04:03 Share Post by Email
In Reply to: I don't get it, No Snaab, Sat, 9 Jan 2016 15:36:36
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Regardless of how many players, or how large the pot, the odds of having the correct 5 numbers and the Power Ball number are approximately 1:292 Million.

So in my mind, as long as the pot is bigger than that number (other may adjust it so that the post taxes pay out is bigger than 292 Million) theoretically I am better off to buy one ticket. At the current pot size you could justify buying more than just one ticket and still be theoretically ahead.

You are probably correct that the possibility of having to share that pot with other winners increases with the number of tickets sold, otherwise the number of ticket buyers only impacts the speed at which the pot grows.
_______________________________________
Saabs owned:
2008 9-5 Aero Sedan, sold at 227K miles
2006 9-3SC 2.0T - Wife's daily driver
2000 Viggen Convertible - Sold May, 2022
1964 Quantum IV Formula Car - Retirement project
2000 9-5lpt Sedan, sold at 318K miles
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