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EU EuroMillions Complete 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 | Mini | 4.25% | 95.75% | 23.56 | €0.40 | €0.0066 | €9.49 |
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 occurring. 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.
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 9 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 €106 million, which is over €100 million Prizes The minimum EuroMillions jackpot prize is a €15,000,000, which may be paid as either a annuity or as a discounted cash value. All other cash prizes are predefined as well and are summarized in the table below. 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 established as a fixed amount, and do not vary. Combinations In the EuroMillions, there are a total of 76,275,360 combinations. Winners Of these, there are 3,238,011 winning combinations. This represents 4.25% of the combinations. The overall odds of having a winning combination is 23.56 to 1 (the lower the better).. Losers There are 73,037,349 losing EuroMillions combinations. This is 95.75% of the combinations. The overall odds of having a losing combination is 1.04 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 €2.00 Money Raised
Assuming all tickets are sold and there are no duplicates, a total of €152,550,720 will be raised.
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Prize Pool Of this, €61,456,741 will be allocated to the prize pool to be paid back to the players when the jackpot is set to €15.0 million. 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 €15.0 Average Winning Ticket Payout On the average, each winning ticket will pay €18.98 to the players. Since a ticket costs €2, the normalized payout per € spent is also €9.49 Income Returned to Players Based on this information, €0.40 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 €0.0066 (up or down). Jackpot Parity In order for EuroMillions to return €1.00 of each € raised, the Jackpot must be equal to €106,093,979.00 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
The following Table summarizes the odds, occurances, probability, number of winning combinations, percent of prize pool, prize payout per combination, and the total cash payout of the combination pool.
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References
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