SOLUTION: Suppose that it is a drawing in which the Powerball jackpot is promised to exceed $500 million. If a person purchases 175,223,510 tickets at 2$ a ticket (all possible combinations)
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Question 1049909: Suppose that it is a drawing in which the Powerball jackpot is promised to exceed $500 million. If a person purchases 175,223,510 tickets at 2$ a ticket (all possible combinations), thus this guarantees you winning the jackpot. Because the probability in this situation is 1, what's wrong with doing this?
Answer by Fombitz(32388) (Show Source): You can put this solution on YOUR website!
Yes, if the there are 175,223,510 tickets at $2 a piece, you would spend a little over $350 million and you would definitely win.
There are a couple of drawbacks.
It may not be possible to generate 175,223,510 tickets in the time allowed between drawings.
Also, if any other person wins, you'll lose money (a lot of money).
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