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The happy customer

A lottery shopper was so happy with the prize news they posted this Vine:

Cameras are everywhere.

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Lotteries

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  1. Peter

    On examination of the ticket in the post 1 see 1 line of six numbers. The smallest Quick Pick in NSW is 4 Lines at $3.70. Be probably be fair to say a 1 line ticket cost $1.00 to say $1.20. as by buying less lines the price becomes dearer per line and cheaper per line for the more you buy. For the purposes of the answer i will a buy price of $1.00.

    The odds for getting 5 numbers out of 40 is 40*39*38*37*36 = 78,960,960 or for an investment of $1.00 form a bookmaker should return $ 78,960,960.

    However Powerball is a totaliser and not a bookmaker and it makes a very big difference. A totaliser pays on the pool collected instead of quoted odds. It would be interesting to see what John Wren (sometimes known as John West) a well known Melboure Man who has long since died.

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  2. reg

    Peter, it looks like a powerhit ticket at $18.60.

    However, I won’t try the maths…

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  3. Peter

    Thanks Reg I was wondering what is was.

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