Powerball 4.96x 3,163 \$490 Mega Millions 1.65x 4,471 \$493 Cash 4 Life 3.28x 244 \$100

This metric shows the advantage of playing in groups.
Last updated: Sep 29, 2015 11:25:50 PM

Tickets Sold

## \$2,617

Winnings Processed

Lottery Pools

Powerball

Mega Millions

Cash 4 Life

## What is the advantage of using Social Lotto Pool?

The advantages of using Social Lotto Pool are plenty. First, there are more members contributing to each pool and thus increase odds of winning the jackpot. Second, Based on our 'Social Lotto Pool Advantage' chart we can see the advantages of payouts as compared to playing individually. Suppose the overall odds of winning any prize 1:40, meaning for every 40 tickets \$1 is won, thus \$80 tickets should expect to win \$2. While the overall odds are still the same, instead of the payout being a step function with Social Lotto Pool the payout function becomes more continuous because we can payout smaller denominations. Therefore our Win to Ticket-Entry ratio should remain below the 1:40 as given the in example. Example, our total lottery payout is \$134 for 671 tickets processed, thus the entry to win ratio is 1:5, 4x better than 1:40

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### Powerball

 Total Winnings: \$490 Total Tickets Processed: 3,166 Total Pools: 118 Avg. Pool Size: 27 Entry-Winning Ratio: 1:6.5 Overall Odds: 1:32 LottoPool Advantage: 4.95x Jackpot Odds: 1 in 175,223,510 Current Jackpot: N/A
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### Mega Millions

 Total Winnings: \$493 Total Tickets Processed: 4,475 Total Pools: 119 Avg. Pool Size: 38 Entry-Winning Ratio: 1:9.1 Overall Odds: 1:15 LottoPool Advantage: 1.65x Jackpot Odds: 1 in 258,890,850 Current Jackpot: N/A
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### Cash 4 Life

 Total Winnings: \$100 Total Tickets Processed: 247 Total Pools: 34 Avg. Pool Size: 7 Entry-Winning Ratio: 1:2.5 Overall Odds: 1:8 LottoPool Advantage: 3.24x Jackpot Odds: 1 in 21,846,048 Current Jackpot: N/A