Lottery tickets cost the same for every given jackpot, which might present an opportunity to make a profitable bet for very high jackpots. This work analyses whether buying a lottery ticket might be profitable in the mean value, for a given number of tickets sold, for four major American and European lotteries: Mega Millions, Powerball, EuroJackpot, Euro Millions. A regression of the sales on the jackpot is carried out for the American lotteries to find out whether some combination of the jackpot and the tickets sold, which was determined to be profitable, can be expected to happen.
On January 13, 2016, the largest jackpot prize in world history took place. In this paper, we exami...
Sales are modelled for 50 Spanish provinces over 522 draws of a high prize lottogame.Acrossed random...
Euromillions is a lotto game played across nine countries.We examine more than 8years of sales data ...
Lotteries are found in nearly half of the world's countries, with annual worldwide lottery ticket sa...
Abstract. Should you invest in the lottery? The recent Mega Millions and Powerball lottery jackpots ...
Although state-operated lotto games have the worst average expected payoffs among common games of ch...
This paper provides an empirical analysis of the relationships between three popular lottery games i...
The size of the jackpot of the American powerball lottery that fell in August 2001 has generated a l...
This chapter provides an outline to the statistical, economic, and practical considerations relevant...
In this study we examine whether the volume of lottery sales is positively related to the volume of ...
The lottery is a huge business. In 2011, $57.6 billion worth of lottery tickets were sold in 43 stat...
Bettors may view different gambles either as substitutes or complements. Assuming that the grand pri...
The size of the jackpot of the American powerball lottery that fell in August 2001 has generated a l...
The focus of this article is to analyse the reasons for the success of the Québec Lotteries. To do i...
From May 17, 2002 to December 30, 2014, there were 1,318 Mega Millions drawings and 153 were winning...
On January 13, 2016, the largest jackpot prize in world history took place. In this paper, we exami...
Sales are modelled for 50 Spanish provinces over 522 draws of a high prize lottogame.Acrossed random...
Euromillions is a lotto game played across nine countries.We examine more than 8years of sales data ...
Lotteries are found in nearly half of the world's countries, with annual worldwide lottery ticket sa...
Abstract. Should you invest in the lottery? The recent Mega Millions and Powerball lottery jackpots ...
Although state-operated lotto games have the worst average expected payoffs among common games of ch...
This paper provides an empirical analysis of the relationships between three popular lottery games i...
The size of the jackpot of the American powerball lottery that fell in August 2001 has generated a l...
This chapter provides an outline to the statistical, economic, and practical considerations relevant...
In this study we examine whether the volume of lottery sales is positively related to the volume of ...
The lottery is a huge business. In 2011, $57.6 billion worth of lottery tickets were sold in 43 stat...
Bettors may view different gambles either as substitutes or complements. Assuming that the grand pri...
The size of the jackpot of the American powerball lottery that fell in August 2001 has generated a l...
The focus of this article is to analyse the reasons for the success of the Québec Lotteries. To do i...
From May 17, 2002 to December 30, 2014, there were 1,318 Mega Millions drawings and 153 were winning...
On January 13, 2016, the largest jackpot prize in world history took place. In this paper, we exami...
Sales are modelled for 50 Spanish provinces over 522 draws of a high prize lottogame.Acrossed random...
Euromillions is a lotto game played across nine countries.We examine more than 8years of sales data ...