A4_14 Which Lottery Ticket

Joshua Barker, John Coxon, Thomas Conlon


This paper looks at the ratio of prize amount won to chance of winning that is present in the different variants of a drawn lottery game. The Lottery, and it's variants, run by the UK's Camelot Group are analysed to see if all the games have a similar relationship linking the amount won to the chance of winning that amount. It is found that all the games have a very similar relationship governing the chance of winning and the prize payed out.

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