EuroMillions LotteryComplete Odds &
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The purpose of this page is to provide EuroMillions players with the supplemental information that is not readily available on the sponsored lottery site.
EuroMillions Highlights | Jumbo | replace 2
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Class | Winners | Losers | Overall Odds | Overall Return | Return Sensitivity | Payout per $ |
We believe this is important because most lotteries only provide players with minimal amount of information: the odds of each winning combination occurring; the overall probability of having a winning ticket; the price of each ticket; the game format; the total number of combinations; and a few other items.
However, this page fills in the missing blanks. Included here are the complete odds and probabilities of every winning and losing ticket. It provides you with a comparison of winners to losers, the monies collected, the monies distributed back to players, and more.
Lottery Power Picks has taken every effort to ensure that this summary information is correct by reading and bookmarking all information provided by the organizing lottery body. But, in certain instances, clearly defined rules are not written. In those instances, we made assumptions that are linguistically consistent with the rules. Should any information be incorrect, please inform us so that we may correct it. We hope you find this information useful in understanding the lottery you play.
Table EM7: EU EuroMillions Expanded Odds Calculations
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About
EuroMillions a EU Multi-Country lottery that is played in 9 countries and the Isle of Man. It is organized by the National Lottery Commission who have licensed by the Camelot Group to run and promote.
Format EuroMillions requires a player to make 2 choices: (1) Pick 5 numbers out of a set of 50 white balls; and (2) Pick 2 Lucky Stars from a set of 11 balls. If the player picks the same numbers as those that are drawn in the next drawing, the player wins the Jackpot prize. Smaller prizes are awarded for other combinations. Class EuroMillions is a Jumbo Lottery. We classify it as such because its Jackpot Parity is approximately €164.7 million, which is over €$100 million. Prizes The minimum EuroMillions jackpot prize is replace 1 , which is paid as a fixed cash value. All other cash prizes are predefined as a percentage of the pool as summarized in the table above. If no one wins the jackpot amount, a portion of the proceeds is rolled forward to the next drawing, allowing the jackpot to grow. All other prizes are determined on a parimutuel basis.
Combinations In the EuroMillions lottery, there are a total of replace 1 combinations.
Winners Of these, there are replace 8 winning combinations. This represents replace 2 of the combinations. The overall odds of having a winning combination is replace 4 to 1 (the lower the better).
Losers There are replace 9 losing EuroMillions combinations. This is replace 3 of the combinations. The overall odds of having a losing combination is replace 4 to 1 (the higher the better; because as this number gets closer to 1, nearly every ticket is a loser.
Price
Each EuroMillions ticket costs replace 9
Money Raised
Assuming all tickets are sold and there are no duplicates, a total of replace 10 will be raised.
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Prize Pool
Of this, replace 11 will be allocated to the prize pool to be paid back to the players when the jackpot is set to replace 8 Once the money raised is known, 50% is allocated to the prize pool for distribution. Then, prizes are awarded on a pari-mutual distribution based on percentages. Note that although 50% is allocated to the pool, typically less will be awarded when the jackpot is less than €49 million, but more will be distributed when it is greater than this amount.
Average Winning Ticket Payout
On the average, each winning ticket will pay replace 7 to the players. Since a ticket costs replace 9 , the normalized payout per Dollar spent is replace 7
Income Returned to Players
Based on this information replace 7 of each € raised will be returned to the players.
Return Sensitivity
If the EuroMillions Jackpot changes by $1.0 million, the above Income Returned to Players will change by replace 7 (up or down).
Jackpot Parity
In order for EuroMillions to return $1.00 of each dollar raised, the Jackpot must be equal to replace 7
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References You can learn more about the EuroMillions Lottery and verify our findings by visiting our references. | ||||||||||||||||||||||||||||||||||||||||||||||||||
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