What are the odds of winning the lottery?

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“What are the odds of winning the lottery?” is an important question to ask if you are going to get the best value from your lottery investment. I have been both a lottery player and a promoter of lotteries as an affiliate for many years now so I feel that I am well positioned to dish out advice on this subject area.

Obviously, odds vary from lottery to lottery but let me just make one this very clear; lotteries in general offer exceptionally poor jackpot winning odds. To give you an idea of just how poor lottery odds are, here is a lottery odds comparison between some of the world’s most popular games. You will notice that although none of these odds are exactly attractive, there are some games that do offer significantly better odds than others.

If you are looking to improve your odds of winning the lottery there are a number of things that you can do. Firstly, instead of playing the lottery game that you have always played simply because it is your country’s national lottery game, select a game that offers better odds.  For example, if you play the Belgium lotto instead of the Italian lottery, Superenalotto, you incredibly have a 124 times better chance of winning the jackpot.

Secondly, purchase multiple entries into each draw as this shortens your odds further. For example, if you are playing a lottery that offers jackpot winning odds of 1 in 8 million but you purchase two tickets, your odds of winning the jackpot now sit at 1 in 4 million. The more entries you purchase, the better your odds become but this can become a very expensive way of shortening your odds.

The third way of improving your odds of winning the lottery is to join a lottery syndicate and this has been my chosen playing method for many years now. Lottery syndicates allow you to pool your lottery playing resources with like minded people; this allows you to collectively purchase a far greater number of lottery tickets while keeping each individuals spend to a manageable level. This collective playing method can significantly enhance your lottery odds. If you play in a lottery game that offers odds of 1 in 8 million but you play as a member of a 50 person syndicate where each individual purchases just 1 lottery ticket, you odds improve massively to 1 in 160,000. Of course, if your syndicate does win any cash prizes they have to be divided equally between all syndicate members. But I have always said that it is better to receive a smaller percentage of something than 100% of nothing.

“What are the odds of winning the lottery?” should no longer be a question that you need answered if you go down the syndicate playing route as you can pretty much set your own odds based on the size of your syndicate and the number of tickets your syndicate purchases. Winning the lottery may still be a long shot but at least you are now much closer to a potential jackpot than you ever would be playing the lottery alone.

Odds of Winning the Lottery

Choosing the right game can really enhance your odds of winning the lottery

Odds of winning the lottery, here's hoping
Odds of winning the lottery, here’s hoping—Robert S Donovan (Flickr.com)

As a lottery player and promoter of online lotteries worldwide, I am all too familiar with the odds of winning the lottery. To put it very simply, your chances of winning any major lotto game are incredibly slim. This lottery odds comparison table lists 31 of the world’s leading lottery games and their respective jackpots winning odds. This ought to give you a sense of just how bad your jackpot winning odds really are.

I believe that the large majority of the millions of people who play lotteries are fully aware of just how poor their winning chances really are. It is just that miniscule chance of hitting the big one that keeps people coming back week after week.

When looking at peoples’ lottery playing habits, I always find it staggering just how much lottery players are affected by big jackpot offerings. It is incredible how many more people play the lottery during a rollover week as apposed to a standard jackpot week. Not only do more people participate during rollover draws but individual spend increases on average also. It is as if people are saying that £10 million is OK but £20 million is worth so much more effort. Human greed is a funny yet strange thing!

On the subject of huge jackpots, the USA Powerball, USA Mega Millions and the European lottery, Euro Millions, are consistently 3 of the biggest jackpot games in the world. Why do the jackpots get so big? The jackpots get so big because there are often multiple rollovers. Why are there so many rollovers in these 3 games? Simple, the odds are some of the worst you will find in any global lottery game:

Euro Millions – 1 in 116,531,800
USA Powerball – 1 in 175,223,510
USA Mega Millions – 1 in 175,711,535

The odds of winning the lottery in either of these games certainly do not put off millions of people playing every week. The incredible jackpots are simply too much of a draw for the lottery playing community. In fact, 2012 saw the two biggest jackpots in lottery history – $640 million in the Mega Millions and
$587.5 million in the Powerball.

How much money do you really need to change your life forever? £1 million, £2 million or £5 million perhaps? I think that this sort of sum would set most people up for life. If this is the case, what is the point of playing in these massive jackpot games that offer some of the poorest odds on the planet? Simply, choose a game that offers better odds. For example, if you play the Belgium Lotto with odds of 1 in 5,245,786 instead of the USA Mega Millions with odds of 1 in 175,711,535, you will have a 33 times better chance of winning the jackpot. Doesn’t playing lotteries with better odds just make perfect sense!

Do not get suckered into playing lotteries with ridiculous jackpots and horrendous odds; instead focus on the games that offer better jackpot winning chances and you will greatly enhance your odds of winning the lottery.

Below is a very interesting link that open a graphic displaying a list of everyday events that are more likely to happen than you winning the lottery. It is well worth seeing as it will definitely put your whole lottery playing experience in perspective.

What Are The Odds Of Winning

LiveRoulette.co.uk have found that unfortunately you probably won’t win the lottery any time soon. So here are some things more likely to happen.…

The following video is also well worth watching as it gives you 3 great tips on how to improve your chances of winning the lottery:

Chances of Winning the Lottery

What are the chances of winning the lottery?

Hundreds of millions of people worldwide play lotteries on a weekly basis with only a tiny fraction of these ever winning a life changing sum of cash. Do you really know what your chances of winning the lottery really are? Simply put; they are bad! As a lottery player and lottery affiliate I find that players focus far too much on the size of jackpot on offer rather than the odds of actually winning the lottery.

Three of the biggest jackpot lottery games in the world are the US Powerball, Mega Millions and the EuroMillions. All three of these games frequently see jackpots in excess of $100 million brought about by multiple rollovers. Well, ask yourself a simple question; why do these jackpots rollover so often? The answer is simple; because the odds of winning these games are so ridiculously remote. Below are the jackpot winning odds of these three lotteries:

Mega Millions – 1 in 175,711,535
Powerball – 1 in 175,223,509
Euro Millions – 1 in 116,531,800

As human beings we are so often driven by greed and therefore choose the lottery game with the huge jackpot with little regard for the chances of actually winning the prize. All major international lottery games offer jackpot sums that would be life changing to most people. Wouldn’t it therefore be wiser to seek out the best lottery odds rather than just focus on the jackpot size? Take a look at the Belgium Lotto or the Japan Loto 6 where the jackpot winning odds are 1 in 5,245,786 and 1 in 6,096,454 respectively. Choosing to play either of these games instead of the Powerball would mean that you have a 30+ times greater chance of winning the jackpot. Wouldn’t you rather be playing with these chances of winning lotto? I know I would.

There are a number of online lottery ticket portals that allow you to purchase tickets in a variety of international lotteries regardless of where you actually live. So, you can now hand pick only the lottery games with the best odds that will give you the best chances of winning the lottery and ignore the games with the poor odds. This lottery odds comparison table lists 31 of the leading worldwide lottery games with their respective jackpot winning odds. This will hopefully assist you in spending your lottery Dollars in the most efficient way possible.

Wishing you all the very best of lottery luck!

The following link displays a graphic that lists a number of events that are more likely to happen than you winning the lottery. It certainly makes for interesting reading; enjoy!

What Are The Odds Of Winning The Lottery

LiveRoulette.co.uk have found that unfortunately you probably won’t win the lottery any time soon. So here are some things more likely to happen.…

Lottery Odds Comparison

Play smarter by undertaking a lottery odds comparison

Lottery odds, 0925092106 jpg
Lottery odds, 0925092106 jpg—steevithak (Flickr.com)

Millions of people all over the world take part in lottery games each and every week. Typically, individuals play the state or national lottery game offered by the state / country they reside in. It is common knowledge that your chances of winning any lottery jackpot are slim at best. Wouldn’t you therefore want to play a lottery game that at least offers the best lottery odds? Below is a table displaying a lottery odds comparison of 31 of the world’s biggest jackpot lottery games along with each game’s jackpot winning odds:

Belgium – Lotto 1 in 5,245,786
Japan – Loto 6 1 in 6,096,454
Sweden – Lotto 1 in 6,724,520
U.K. – Thunderball 1 in 8,060,598
Austria – Lotto 1 in 8,145,060
Ireland – Lotto 1 in 8,145,060
Switzerland – Lotto 1 in 8,145,060
Sweden – Viking Lotto 1 in 12,271,512
Canada – Lotto 649 1 in 13,983,816
Greece – Lotto 1 in 13,983,816
Hong Kong – Mark Six 1 in 13,983,816
Poland – Lotto 1 in 13,983,816
Romania – Lotto 6/49 1 in 13,983,816
South Africa – Lotto 1 in 13,983,816
Spain – La Primitiva 1 in 13,983,816
Turkey – Lotto 6/49 1 in 13,983,816
U.K. – National Lottery 1 in 13,983,816
Finland – Lotto 1 in 15,380,937
Israel – New Lotto 1 in 18,598,272
France – Loto 1 in 19,068,840
South Africa – Powerball 1 in 24,435,180
Turkey – Super Lotto 6/54 1 in 25,827,165
Spain – El Gordo 1 in 31,625,100
New Zealand – Powerball 1 in 38,383,800
California – Super Lotto 1 in 41,416,353
Brazil – Mega-Sena 1 in 50,063,860
Europe – Euro Millions 1 in 116,531,800
Germany – Lotto 1 in 139,838,160
USA – Powerball 1 in 175,223,510
USA – Mega Millions 1 in 258,890,850
Italy – SuperEnalotto 1 in 622,614,630

I think that so many lottery players fail to ever compare lottery odds and instead focus on the size of the jackpot. Lets face it folks, any of the jackpots offered by the games in this list will be sufficient to change your lives dramatically. So, doesn’t it just make perfect sense to go for a game offering better odds?

The two biggest jackpots in history were both won in 2012; $640 million in the Mega Millions and $587.5 million in the Powerball. These are of course wonderful payouts for the lucky winners but how on earth did the jackpots get so big in the first place? The answer to this is simple; the odds for both games are so poor (see table) that week after week no one hit the jackpot and so the jackpot kept rolling over to the following draw. As the jackpots grew in size more and more greedy individuals purchased ever increasing numbers of tickets and eventually both jackpots went.

If you played the Belgium lotto instead of the Mega Millions, for example, you would have a 33 times better chance of picking up the jackpot. Admittedly the jackpot is a lot smaller at around €2.5 million but surely sufficient to change your life forever.

If you are serious about winning a lottery jackpot, it really does make sense to do a lottery odds comparison and stick with the games offering the best lottery odds. It is all too easy to get sucked into playing a lottery game based purely on the size of the jackpot prize. Remain disciplined, play only the games offering the best odds and over time you will know that you are putting your lottery dollars to the best use possible. If you want to take this lottery odds game even more seriously then you should also look in to playing in lottery syndicates as this is a tried and tested way of boosting your lotto winning chances.

If you are not convinced by what I am saying here, you may wish to visit the link below as this reinforces my arguement regarding lottery odds and the importance of playing the right game:

What Are The Odds Of Winning The Lottery Infographic

This week’s infographic is brought to you by the guys at LiveRoulette.co.uk and takes a look at the odds of winning the lottery in comparison with several other more likely events.

The following video helps to further back up my advice regarding lottery odds. The video is shot around the time of the massive $500+ million Powerball jackpot at the end of 2012. The video is interesting as it mentions the very slim odds of winning the jackpot and goes on to talk about events in life that are more likely to happen.