Tuesday, November 15, 2005
Posted by Johnnymac 12:29 PM
Many of you guys know that I am not a particularly big fan of state-organized gambling, but am I missing something with tonight's $310 million jackpot?With the addition of California's 35 million population base to the Mega Millions game, the participating states have voted to change the matrix of the game from 5 of 52 and 1 of 52 to 5 of 56 and 1 of 46. This will change the odds of winning the grand prize from approximately 1 in 135 million to 1 in 176 million. The overall odds of winning any prize will be approximately 1 in 40.
Maybe I should buy a ticket for once.
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Random thoughts from a lawyer, an accountant, a commodities trader, an ex-Marine and a WSOP Main Event money finisher that don't know as much as they wish they did...
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