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Cash win fall leak
1.
Cash WinFall Leak A
Quick Guide on How Lottery Become ATM
2.
$ 6 Million •
http://www.masslottery.com/games/lottery/cash-winfall.html
3.
How WinFall Lottery
Works • 46 pick 6 • 2 - $2 • 3 - $5 • 4 - $150 • 5 - $4,000 • 6 - $MAX ( $500,000 - sales 60% )
4.
ROLLDOWN • 2 -
$2 • 3 - $50 • 4 - $1,500 • 5 - $40,000 • 6 - $MAX ( $200,000 - sales 60% ) • (Jackpot back to 500,000 after Rolldown)
5.
Normal VS ROLLDOWN Same
No. Normal ($) Rolldown ($) 2 2 2 3 5 50 4 150 1,500 5 4,000 40,000
6.
7.
Smallest Winning Probability
8.
Other Probabilities
9.
Not Winning Probability
10.
Normal Expectation 1000000-2=999998
11.
Rolldown Expectation
12.
Things Changed •
Nothing Change for small buyer • But for 100,000 up buyer • There are probability meanings • Every Rolldown they will gain E(2.46)x100,000=246,000
13.
What Does Retailer
Do?
14.
Earn? Draw?
15.
Earn? Draw?
16.
Lottery – A
Game of Probability
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