This winter, there was increased interest in the
Powerball lottery when the jackpot offered $315
million, which was won by a man in Hurricane, West Virginia.
Powerball was first introduced in 1987 and the
odds of winning were 1 in 55 million. Five white
balls were picked from balls numbered from 1 to 45
and one powerball was picked from another set of
balls numbered from 1 to 45.
In November 1997, officials raised the odds of
winning to one in 80 million, thus making likely
jackpots of at least 100 million dollars twice a
year. Five white balls were chosen from those numbered
from 1 to 49, and the powerball was chosen from
another set numbered from 1 to 42.
Currently, the odds of winning Powerball are 1 in 120,526,770.
Five white balls are chosen from those numbered from 1 to 53,
and the powerball is chosen from another set numbered from
1 to 42.
Suppose you want to
lower the odds of winning
Powerball to one in 250,000. What should the range
of the white balls be and what should the range of
the powerball be? (The maximum number of white balls
that you may use is 55 and the maximum number for
the Powerball is 55).
Solution to the Problem:
The odds are calculated by computing the
combination of the white balls taken 5 at
a time, and then multiplying by the number
of balls from which the Powerball is chosen.
For example, the odds for the original Powerball
is figured in the following manner:
45 C
5 * 45 = 54,979,155
Likewise, the current Powerball odds:
53 C
5 * 42 = 120,526,770
After examining all combinations of balls up to
55, there are none that give us odds of exactly one in
250,000.
The closest would be:
Use white balls numbered from 1 to 18, and
choose the Powerball from balls numbered 1 to
29.
18 C
5 * 29 = 248,472
The next closest values are:
20 White balls, 16 for powerball:
20 C
5 * 16 = 248,064
17 White balls, 40 for powerball:
17 C
5 * 40 = 247,520
17 White balls, 41 for powerball:
17 C
5 * 41 = 253,708