Predicting Winning Lottery Numbers
Abstract
We use mathematical statistics theory to derive the Compound-Dirichlet-Multinomial (CDM) prediction model. We then use this model to predict winning numbers for the 6-number, 5-number, pick-4 and pick-3 lottery games. We also develop a strategy which we call the 3-strategy, for generating profit by predicting winning numbers for the pick-3 lottery game.
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