Lottery EV (Extended)

Calculate Lottery EV (Extended) instantly with the exact formula and a worked example.

Lottery EV (Extended)

Prize
Odds 1 in
Ticket price
EV
-96.4286
Calculate Lottery EV (Extended) instantly with the exact formula and a worked example.

More about: Lottery EV (Extended)

What it calculates

The “Lottery EV (Extended)” calculator computes EV from 3 parameters: prize, odds 1 in, ticket price.

Calculations for sports statistics, games, and training.

Example calculation

With parameters Prize = 50,000,000, Odds 1 in = 14,000,000, Ticket price = 100 the result is -96.43.

How to use

  1. Enter prize, odds 1 in and ticket price — each field above is adjustable with a slider.
  2. EV is calculated automatically as you type.
  3. Check the worked example below to see the formula applied to real numbers.
  4. Copy the result or bookmark this calculator.

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FAQ

How is Lottery EV (Extended) calculated?
The Lottery EV (Extended) calculator computes EV from prize, odds 1 in, ticket price. Enter your values above and the exact formula is applied instantly; a worked example with real numbers is shown below.
Is the Lottery EV (Extended) calculator free?
Yes. It is completely free, needs no signup, runs entirely in your browser, and sends no data to any server.

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