Fixing the Lottery | Stats + Stories Episode 347
Powerball, Mega Millions Cash for Life and more. Missouri offers many games of chance that have potential benefits for the players and guaranteed benefits for the State. In fact, the Missouri Lottery has contributed about 3 to 4% of the annual State funding for public education in the State of Missouri, more than 8 billion dollars to the State since 1986. These games describe the chances that a player will win a given game, often using calculations common in a probability class, such as permutations and combinations. So what happens if you check the calculations and you find that the…
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