18
WYR $1 million now or every day your chances of winning $1 billion increase by 0.005%?
(lemmy.dbzer0.com)
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Rules:
I would use this definition, that is in the OP, the probability given is the one of having won the draw by that time: the first year when the draw happen the probability is 0, the second year the probability of having won is 9.125%, while the probability at the third year is 18.25%. This is the sum of the probability of having won either of the two draws (you can’t win more than once).
If you want to interpret the probability as a one time probability, then I agree with you.