Winning Raffle: Odds of 1 Ticket vs. 1,000 Tickets

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SUMMARY

The discussion focuses on the odds of winning in a raffle with 1,000,000 tickets and 9 prizes. Holding 1 ticket gives a winning probability of 1 in 111,111. For those holding 1,000 tickets, the odds of winning at least one prize can be calculated using the formula 1 - (999,991 choose 1,000) / (1,000,000 choose 1,000). Additionally, the probability of winning more than one prize is determined by the formula 9 * (999,992 choose 999) / (1,000,000 choose 1,000).

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1,000,000 raffle tickets
9 prizes

Holding 1 ticket odds of winning 1 in 111,111.

What are the odds of winning if you hold 1,000 tickets? (Is the answer - subtract 1 from 111,111 ending with a 1 in 110,111 chance?)

What are the odds of winning more than one prize?
 
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The probability of winning is 1-probability of not winning. The probability of not winning is (999,991 choose 1,000)/(1,000,000 choose 1,000).

The odds of winning more than 1 prize means winning, but not winning only once. The probability of winning only once is 9*(999,992 choose 999)/(1,000,000 choose 1,000).
 

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