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The occasion was the latest drawing of Powerball, a multi-state lottery An analysis of data obtained by The Economist through public-records

However, it is possible given the winning numbers, value of prizes and data from a sufficiently large number of draws to infer the probability

lottery puerto rico The analysis shows that each number has an equal probability of being picked, and no statistical model will help predict the winning numbers due

lottery winner curse lotteries are evaluated and their certainty equivalences are plugged into the probabilistic lottery which in its turn is evaluated by standard expected