> A ticket cost $1.
> a 1-in-54 chance to pick three out of the six numbers in a drawing, winning $5, and a 1-in-1,500 chance to pick four numbers, winning $100.
> winning three-number combination would put $50 in the player’s pocket instead of $5, and the four-number winners would pay out $1,000 in prize money instead of $100, and all of a sudden, the odds were in your favor.
1 in 54 wins you $50, 1 in 1500 wins you $1000. I feel really dumb right now, as I must be missing something, but how are those winning odds?