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How do you calculate the number of possible combinations?

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If you wager on 1234 boxed, you would win if any of the following combinations were drawn: 1234, 1243, 1324, 1342, 1423, 1432, 2134, 2143, 2314, 2341, 2413, 2431, 3124, 3142, 3214, 3241, 3412, 3421, 4123, 4132, 4213, 4231, 4312, or 4321.

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