If you’re into complex mathematical functions, there are ways to calculate your odds of winning any lottery according to how many numbers you must choose correctly to hit jackpot and how many numbers there are to choose from. If you’re more like most people, it’s enough to know that your actual chances of winning a lottery jackpot is soberingly slim. But, people keep winning! So, people keep playing.
What are the Chances of Winning the Lottery?
Choosing six numbers between 1-49 offers odds of 1 in 13,983,816. However, many online lotteries offer better odds by requiring players to make fewer number matches among a smaller selection of numbers, such as choosing 5 correct numbers between 1-34. Generally, the higher the lottery probability is, the lower the prize value becomes.
How Lottery Odds Are Calculated
Every lottery has different odds of winning, but the odds are never effected by how many other people get tickets. The probability of winning the lottery is never changed by how many people play, but it can affect the winnings because when more people play there is a greater chance that one or more people will hit the same jackpot. When this happens, winnings are split among the winners, reducing the amount each winner receives.
How to Up Your Odds
There are two ways guaranteed to increase the chances of winning the lottery. First, you can get more tickets. The more tickets you have, the more chances you have to win. Second, you can play often. The more you play, the greater your probability of winning the lottery becomes.
Number Picking Methods
While there are almost as many methods of picking winning numbers as there are people who play, there are a few worth mentioning. One involves picking numbers that haven’t been drawn in awhile. When a given number hasn’t come up in winning results in some time, its chances of popping up increase.
The second method is almost the direct opposite. Some players look for numbers that are “hot,” in other words, numbers that have come up a lot recently. This theory seeks to take advantage of commonly appearing numbers by grabbing them while they’re going strong. Both methods have some degree of success, and failures.
Where to Play
If you’re not the type to be deterred by long shots, there are many different types of lotteries to play – each with a different lottery probability of winning – at RewardIt.com.