Old  April 30th, 2019, 9:42pm     #1
sdadolf is offline
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Mega Millions and the 2019 National Sweepstakes Convention
Mega Millions and the 2019 National Sweepstakes Convention

Has this happened to you? You go into your favorite lottery retailer to purchase a Mega Millions lotto ticket. As you hand over your $2 for one chance at the big prize, you wonder how much better your odds might be if instead of buying just one ticket you could afford to buy 600 or more tickets.

Well, if you attend the 2019 National Sweepstakes Convention in August you will have an opportunity to see if the odds are indeed that much better.

Everyone who registers for the convention will be given a Mega Million ticket for the Friday night drawing during the convention. Then, on Saturday we will ask all the attendees to tell us if they won some money, and how much.

Will the collection of 600+ tickets produce a big winner? Will the total of all the money won by the attendees at least be more than it cost to purchase 600+ tickets?

We’ll find out.

If you have not yet registered to attend the convention, there is still room for you, and time for you to register. Check out the convention web site at https://www.2019sweepstakesconvention.com/

Maybe you have some sweeper friends who have not yet signed up. If they register for the convention, we’ll have even more opportunities to test the lotto odds.

Let your friends know. #sweepstakes #giveaway #prizes
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  Old  May 1st, 2019, 11:50pm     #2
goodgirl is offline
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I will be attending. It will be my first convention. Can't wait!
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  Old  May 6th, 2019, 3:01pm     #3
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I calculate odds and statistics like this all the time.

The odds of winning the Mega Millions jackpot are about 1 in 302,600,000.
With 600 tickets, the odds would be about 1 in 504,333.
With 5,000 tickets, the odds would be about 1 in 60,520.
With 25,000 tickets, the odds would be about 1 in 12,104.
With 100,000 tickets, the odds would be about 1 in 3,026.
With 250,000 tickets, the odds would be about 1 in 1,210.
With 500,000 tickets, the odds would be about 1 in 605.
With 1 million tickets, the odds would be about 1 in 303.
With 2 million tickets, the odds would be about 1 in 151.
With 3 million tickets, the odds would be about 1 in 101.


So no, buying 600 tickets would generally be a very poor investment, BUT, I wish you all the best of luck. I just wouldn't spend the $600 myself.

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  Old  May 19th, 2019, 3:49am     #4
awssm is offline
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So, what are the odds of getting at least $600 back?

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  Old  May 19th, 2019, 11:42am     #5
caseycupcake is offline
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Not sure if it's a good investment, but it certainly will be informative--and FUN
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  Old  May 19th, 2019, 11:52am     #6
sdadolf is offline
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Quote:
Originally Posted by caseycupcake View Post
Not sure if it's a good investment, but it certainly will be informative--and FUN
Yes, I agree from a statistical point of view it would not be a good investment for an individual.

For the convention, it is just a another potential way for attendees to win, and yes, also a fun exercise.

I am always looking for different and interesting things to plan for the convention.

We already have more than $35,000 in prizes to be given away in drawings for attendees who sign up with just what we call the BASIC Registration level.

-- Steve
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