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Do any compulsive gamblers actually do the lottery anyway?

There's one small caveat in the "two tickets double your chances of winning" thing, and that is that the tickets must have different numbers on them. If, say, you bought 2 lucky dips and they both drew the same numbers, then your chances of winning are still 1 in 120m. (In this scenario you...

Yes, yes it does. Buying 2 tickets instead of 1 does double your chances of winning because 2 is double 1. If you then bought another, your chances would be 3/120. Your 7 ticket scenario would give you a 7/120 chance. You're the latest member of Club Drongo-Maths.