Predict lottery through Probability Theory? [I Like Mathematics]

Here is a curious question for you mathematicians: Is it possible to predict a significant amount of lottery numbers (let's say 5 out of 6 so you win hundreds of thousands) using Probability Theory - or are the numbers truly so random they are really hard to predict? I would figure that perhaps using a combination of Probability Theory and Forecasting, a modest amount of success could be reached, if not a great amount.

I don't know if it's either been done already or if it's possible.

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whowasthatmaskedman · 70-79, M

There is one issue with your theory. (Aside from the obvious one that randomly generated numbers have no predictability and there is no reduction of odds as one is drawn. It can easily be drawn again, or not)
The problem no one thinks about is that lotteries have a percentage of the pool removed at the start. The whole pool is never going to be returned and that tilts the odds firmly against the player.
In short.. The House always wins..

Coraline · F

@whowasthatmaskedman if you have a bigger money pool then the casino then the odds are actually in your favor

Existentior · M

@Coraline Yep. : )

whowasthatmaskedman · 70-79, M

@Coraline If you cant see the difference between only returning a percentage of the overall take to the winners, and one winner winning big, but the rest losing all, I cant help you. With any kind of lottery ticket you buy, you are not actually beying w real chance of wunning. You are actually buying a period of hope, where you might win.