A $100 bet at +200 in American odds (2/1 in fractional or 3.00 in decimal) with a 33.33 percent implied probability has the potential to profit $200 should it win.

Photo: Gene J. Puskar (AP) The Mega Millions multi-state lottery has hit an estimated jackpot of over $1.35 billion, making the upcoming drawing the fourth biggest lottery prize in U.S. history.

Betting odds: +4000 or 2.4% implied probability 12. Chicago Bulls (1.7% chance to win) Odds you should be getting: +5782 Betting odds: +5000 or 1.96% implied probability 13. Sacramento Kings (0.8% ...

The odds of winning "scratchers" -- those little instant winning tickets that you can buy for prices ranging from $1 to $50 -- are better, but it's still no way to get rich.

Wondering how to increase your odds of winning the lottery? Dr. Charles Clotfelter, a professor at Duke University, talked with WRAL News about the probability of hitting a big winner and how to ...

Here are three things lottery players can do to try and improve their odds of winning. 1. Buy more tickets Powerball tickets at The Hub on Broadway on Friday, March 22, 2019, in Boston, Massachusetts.

In 1993, the league tweaked that system for the 1994 draft, increasing the lottery winning probability for the league’s worst team from 16.67 to 25 percent, increasing the odds for the three ...