If 4000 raffle tickets are sold and there will be 12 winners, what are the odds of winning?

Question

If 4000 raffle tickets are sold and there will be 12 winners, what are the odds of winning?

Answer 1

12 winners in 4000 tickets. Assuming that 4000 people get a ticket and only 12 of them win. The odds of YOU being one of those 12 is 0.003%.

Answer 2

If there are 4000 tickets, and only 12 winners

This means that there is a 12/4000 chance of winning

You can simplify this to 3/1000

Answer 3

50/50. Either you win or lose. Everything is 50/50 in  life.

Answer 4

1:333 chance of winning.

4000/12=333.333~

Answer 5

It depends on whether a winning ticket is put back into the draw again.

If a winning ticket is not put back into the draw again, then the odds of winning are 12/4000, or 0.3%

If a winning ticket is put back into the draw again, then the odds of winning at least one prize are slightly lower, 0.2996%, which can be calculated as 1-(3999/4000)^12

Answer 6

4000/333.3

Answer 7

12 out of 4000

Answer 8

3 IN 1000