Lottery Expected Value
Calculate Lottery Expected Value instantly with the exact formula and a worked example. Free online calculator — no signup, works on mobile.
Lottery Expected Value
Prize
Odds 1 in
Ticket price
EV
-99.2857
More about: Lottery Expected Value
What it calculates
The “Lottery Expected Value” calculator computes EV from 3 parameters: prize, odds 1 in, ticket price.
Used by investors to estimate returns, project savings, and analyze a portfolio.
Example calculation
With parameters Prize = 10,000,000, Odds 1 in = 14,000,000, Ticket price = 100 the result is -99.29.
How to use
- Enter the parameter values — every field above is adjustable with a slider.
- The result and related metrics are calculated automatically as you type.
- Use the additional metrics shown (if any) where needed.
- Copy the result or bookmark the page.