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The Chances of Getting the California Super Lotto Jackpot Prize
The concept of gambling is a major factor in playing any kind of lottery because the risk of losing your money is greater than your chances of bagging the grand jackpot prize. This will also help identify people who are used to gambling activities because they are more comfortable in risking their money hoping to get big returns. This has urged a UK mathematician named Stewart (1996) to make a comment saying that playing lotteries and similar games only shows that people don't understand the principles of mathematics especially the numbers stating the chances of winning against the possible risk of getting nothing or they just don't really care about what the numbers say. If one would evaluate the ratio of the odds, it would obviously make it clear that there is only a small chance of hitting the jackpot prize.
It seems that the chances of winning or losing are not that important to most lottery players. They are more concerned about the kind of technique or strategy they will use for the game. Most of them are also more focused on the huge amount of the jackpot prize at stake that they usually forget the fact that their odds are only one in millions. Based on observations, the amount of the jackpot prize is also a major factor that attracts more people or players. If people heard the news about how high the jackpot prize is, it could somehow influence them to participate in the game.
If you will observe the California Super lotto ticket sales, more people are buying lottery tickets when the jackpot is already big due to rollovers from the previous games (Griffiths 1997b). These people seem to forget or intentionally ignore the fact that as the jackpot prize becomes higher, their chances or odds of winning are also decreasing. Different players have their different methods of picking their lottery numbers and most of them have their favorite numbers that they regularly use because they think that those numbers could bring them luck. Some even take note of the winning umbers from the past games and draws and they use it to pick their winning lottery numbers. Just like what Stewart (1996) has said before, these methods of picking California Super Lotto numbers will not help at all when it comes to hitting the jackpot even if one will use the most modern and advanced computer programs available today. If someone has won the jackpot prize using any of these methods, it is purely a coincidence.
Most lottery games participants are believed to be more optimistic than they normally should especially when the jackpot prize is really high. Even if their chance is only one in millions, they are still willing to try their luck with high expectations and hopes. Adam Smith Institute used MORI to conduct a research and study and the results showed that about 22% of players are convinced that they would finally get the jackpot prize in the UK National Lottery at least once in their lives.
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