[xyz-ihs snippet=”Student-Articles”] Did you know that your chances of dying on the way to get your lottery tickets is greater than your chances of winning the lottery?!?!?!?!?
The most common lottery is usually where you pick six numbers from 1 to 49, and if the six that you pick match the six that are chosen you win. The chance of actually winning is very little. Since there are 49 numbers to choose from for the first number, 48 for the second, 47 for the third, etc. the number of combinations is 48 x 47 x 46 x 45 x 44 x 43 or 10,068,347,520. However, since the order of these numbers doesn’t count you only get a possible of 13,983,816 combinations. This is still a very large number the probability of winning is low.
However not winning is not a bad thing always. Even though 58 % of families claim to be happy after winning, 37 % are not. Also as many as 44 % of winners used up their money within 5 years.
So, the probability of winning the lottery is very low but after winning it spend it wisely and remain happy!!!!!