SOLUTION: Please settle a bet. If the odds on winning the Lottery are 20,000,000 to one and you have 20 tickets. Are my odds now 1,000,000 to one or 19,999,980 to one. Thanks for your help.

Algebra ->  Probability-and-statistics -> SOLUTION: Please settle a bet. If the odds on winning the Lottery are 20,000,000 to one and you have 20 tickets. Are my odds now 1,000,000 to one or 19,999,980 to one. Thanks for your help.      Log On


   

Question 300225: Please settle a bet. If the odds on winning the Lottery are 20,000,000 to one and you have 20 tickets. Are my odds now 1,000,000 to one or 19,999,980 to one. Thanks for your help.
Answer by scott8148(6628) About Me  (Show Source):
You can put this solution on YOUR website!
hope you bet on the million, because that's the right one

if you think about it (thought experiment); what if you bought 10.000,00 tickets
___ every other ticket is your's, so the odds are two to one that you will win
___ not 10,000,000 to one