TAX
Pre-tax
TEXAS LOTTERY
EV CALCULATOR
Calculate expected value for Texas lottery games using real-time jackpot data
UPDATING...
METHODOLOGY
→
Expected Value (EV) = Sum of (probability × prize) for all tiers, minus ticket cost
→
Jackpot splitting uses Poisson model based on estimated ticket sales
→
Mega Millions: $5 ticket includes multiplier; non-jackpot prizes show avg 3X applied
→
Tax rate applies 37% federal top marginal rate when enabled