...in great, statistical detail:
simplexify.net/blog/2012/5/6/i-am-a-statistician-and-i-buy-lottery-tickets.html
I am currently in court as an 'expert' for some lottery organisation (name and address withheld, and no idea why they picked me...). Disgruntled client bought ticket which crossed the deadline due to delays, hence the contention. A winning number became useless in a matter of seconds.
It's a fascinating world, I had worked with them before.
Fascinating, but state lottery is really a disgusting business.
I just had a look, 33 cents in the dollar isn't too bad, given winnings/payouts are on top of that, then they ruin it by gicving grant money to just about anyone. Wonder how I could get new kites out of this...?
How much money does Lotterywest raise for the Western Australian community?
From every $1 spent on Lotterywest products, 33 cents is raised for the Western Australian community.
What percentage of grant applications are approved?
Almost all grant applications are approved.