What Are the Chances of Winning the Lottery?

The odds associated with winning of the lottery create the chances that you may have to win the lottery. Chance of winning the jackpot, the big multi-million dollar, life changing amount, are different from the odds of winning smaller prizes that may range from 2 digits to 5 digit numbers.

So, what are the odds of winning the lottery? The odds of winning at the lottery can of course be increased by buying a number of tickets. But how many tickets is enough to assure you of a win is difficult to assess. There are many factors at play and even highly complex mathematical calculations devoted to the subject of winning the lottery may not be of much help.

Winning the lottery is a once in a lifetime event at best. However, there have been people who have won the lottery a number of times. Not just small daily prizes, but the big prize. How did they do it? Is there a special technique for improving the chances of winning? Perhaps it is so. Studying the winning numbers from years gone by and basing your number selection on the pattern of winning numbers is a study by itself. There are people devoting a lot of time and effort to this study.

Lottery is played by selection of a certain set of numbers which have to match the numbers pulled out in the draw. Therefore a lottery buyer is competing at the draw. While it may be very difficult to predict the numbers that will turn up in the draw and hence improve your chances, another way of improving the chances is to judge the numbers that will be mostly selected by other buyers of the lottery tickets. By choosing the most un-preferred numbers in a particular draw, you will have a unique set of numbers as much as possible. The chances of winning the big prize will certainly go up. 

While it may be very difficult to have a chance of winning the jackpot due to the large odds, running into millions, the possibility of winning smaller prizes is definitely much better. The big prize would be a life changing event for any average person. However winning the smaller prizes, or sharing a fairly large prize also can be quite remunerative, more so if the winnings run into 3 digits or higher. People have shared million dollar winnings several times, and are the richer for it. 

As the chance of the jackpot coming up is so thin, it keeps rolling over, making the jackpot larger and larger. Sometimes it becomes so big that it runs into a billion dollars, a mind boggling sum. While winning such a big sum would be enticing for anyone, and most people who play the lottery would be tempted to buy a large number of tickets to increase their chance of winning, please remember that it is your hard earned money. Only put that money into buying lottery tickets that you can afford to spare and lose, if it comes to that.

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