Actual vs Expected Number of Lottery Winners

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SUMMARY

The discussion centers on calculating the statistical significance of lottery winners compared to expected outcomes. With odds of winning a jackpot at 1 in 14 million and 50 million tickets sold, the expected number of winners is 3.5, while the actual count is 7. To analyze this discrepancy, a one-proportion z-test is recommended instead of a t-test, as it is more suitable for proportions. This approach allows for determining if the actual number of winners falls within normal expected ranges.

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  • Understanding of probability theory and lottery odds
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  • Research the One-proportion z-test and its applications
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  • Explore the concept of expected vs. actual outcomes in probability
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Hi,

My maths problem involves probability relating to lotteries.

The odds of winning a lottery jackpot are 1 in 14 million. Over a period of time 50 million tickets have been bought, so the expected number of jackpot winners would be 3.5. However the actual number of jackpot winners is 7.

Is it possible to calculate a p value to prove that although the actual number of winners is higher than expected, it is still within normal expected ranges? Or are there any other statistical models that would answer the question?

I've seen worked examples for calculating the p value where all the outcomes are listed in excel, before applying the T test formula, however I'm not sure how to go about doing this when there are 50 million outcomes!

Thanks,

Paul
 
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fizzypig said:
Hi,

My maths problem involves probability relating to lotteries.

The odds of winning a lottery jackpot are 1 in 14 million. Over a period of time 50 million tickets have been bought, so the expected number of jackpot winners would be 3.5. However the actual number of jackpot winners is 7.

Is it possible to calculate a p value to prove that although the actual number of winners is higher than expected, it is still within normal expected ranges? Or are there any other statistical models that would answer the question?

I've seen worked examples for calculating the p value where all the outcomes are listed in excel, before applying the T test formula, however I'm not sure how to go about doing this when there are 50 million outcomes!

Thanks,

Paul

Hi Paul, welcome to MHB!

We are talking about a proportion here, in which case we don't do a t-test but a z-test.
See for instance the One-proportion z-test in this wiki article.
 

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