Tag Archives: odds

How To Increase Your Chances Of Winning The Lottery

August 14, 2018   Game type   No comments

Every week, you hear news that someone won the lottery. You hear hundreds of these stories every year. You play the lottery all the time, but it’s always someone else that wins. It’s never you. Why? Perhaps you’ve just been playing wrong. There are things that you could do to increase your chances of winning the lottery.

The number one thing you could do is change the game you play. Instead of playing the high jackpot games, play games with better odds. That sounds simple, right? But that could increase your chances of winning the jackpot many times over.

Here’s an example – Say you’re a regular Mega Millions player. The odds of winning the Mega Millions jackpot are approximately 175-million-to-1. Now, instead of playing Mega millions, try choosing a game with better odds of winning, like a state lottery game. Say you find a state lottery game that offers odds of 15-million-to-1. Just by changing to that game from Mega Millions, you will be approximately 12 times more likely to win. See how simple it is?

The problem is that we use our emotions when buying lottery tickets. We see a high jackpot and that’s the game we want to play. We just want to win a lot of money, as much as possible. But that’s how those lotteries get us. They make a lot of money from players like us that bet emotionally instead of with our senses.

The next thing you could do to increase your chances of winning the lotto is to join a lottery pool. See, the more tickets you buy, the better your odds of winning. But you shouldn’t be buying too many tickets yourself. That would be financially irresponsible. So, playing as a group is the solution.

Let’s say that, as a group, you could buy 20 tickets per draw. If the odds of winning the lottery are, say, 15-million-to-one, then with 20 tickets the odds decrease to 750,000-to-1. See how the odds change drastically when you buy more tickets?

Hopefully, now you have a better sense of what you can do to increase your chances of winning the lottery. Good luck and may you win a big jackpot one day!

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Powerball Welcomes Florida

July 24, 2018   Personal game   No comments

Powerball Welcomes Florida

It’s official! Florida will now be joining the states that offer their citizens the opportunity to play the Powerball Lottery. The number of states offering Powerball now stands at 32 states including, Arizona Lottery, Colorado Lottery, Connecticut Lottery, D.C. Lottery (District of Columbia), Delaware Lottery, Idaho Lottery, Hoosier Lottery (Indiana), Iowa Lottery, Kansas Lottery, Kentucky lottery, Louisiana Lottery Corporation, Maine Lottery, Minnesota State Lottery, Missouri Lottery, Montana Lottery, Nebraska Lottery, New Hampshire Lottery Commission, New Mexico Lottery, North Carolina Education Lottery, North Dakota Lottery, Oklahoma Lottery, Oregon Lottery, Pennsylvania Lottery, Rhode Island Lottery, South Carolina Education Lottery, South Dakota Lottery, Tennessee Education Lottery, Virgin Islands Lottery, Vermont Lottery, Wisconsin Lottery, and the West Virginia Lottery.

The addition of Florida means bigger jackpots and slightly altered odds. Players will actually have a better chance of winning smaller prizes according to the North Carolina lottery. Many new features have been added including changes in white and red ball numbers. White balls will now be numbered 55 to 59 while the number of red balls , the Powerball , a player can select will be reduced from 42 to 39. Odds of winning will now be 1 in 195 million and the odds of winning one of the many smaller prizes will improve to 1 in 35.

Other changes include,

1. The starting jackpot will be $20 million instead of $15 million.
2. Reduced odds will add an additional 3 million prizes.
3. The ticket price will remain the same and there will still be 9 ways to win. The power play option will be continued for an additional $1 and will be offering a random multiplier of 2X, 3X, 4X or 5X for all cash prizes won on the bottom seven prize levels.
4. The multiplier does not apply to the jackpot or 2nd prize.
5. The second tier Match 5 win now has a guaranteed $1 million prize when you purchase Power Play and match all five white balls. This $1 million prize will be paid in cash, in one lump sum less Federal and State withholdings.

The new Powerball game is expected to start in January of 2009. This is great news for lottery players nationwide and welcome Florida Powerball!

Several states now offer both Powerball and Mega Millions. States hard hit by the recession are looking for new ways to boost lagging ticket sales. Several states are exploring the possibility of allowing players to purchase lottery tickets on the internet. Most lottery experts agree that the merging of traditional lottery games with 21st century technology would be a wise move for state lotteries across the country.

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