Want To Improve Your Chances Of Winning The Lottery? Here's Howby Steven S. App critic and consultant
We all dream of hitting it big in the lottery. Of suddenly having a bulging bank account or a new house or a sparkling roadster. Of vacations to Italy, paying off debt, and being able to retire early.
For most people, winning the lottery is just a dream - something that will maybe happen if they get lucky. They assume that they have no control over their chances of winning and either randomly select numbers or use an arbitrary system (birthday, first date, anniversary, etc.).
But did you know that you can actually improve your chances of picking the right number? Yes, there will always be some measure of chance involved, but you can also take specific actions to up your chances of winning.
Think of it like the weather. You can’t control the weather, but if you wanted to be in a rainstorm you would travel to the place with the highest chance of rain. That’s sort of how the lottery works. If you know how to play your tickets right and use the right strategies, you can increase the odds of making it “rain”.
This isn’t some voodoo or superstition. It’s all about statistics. Some of these methods will improve your chances of winning and some will improve the odds of you selecting a number no one else selects (meaning you won’t have to share your winnings).
So what are these strategies? Let’s break it down.
Purchase More Lottery Tickets
The simplest and most effective strategy for winning the lottery is to buy more tickets. It’s simple math. For example, if only 100 total numbers can be selected, purchasing more tickets increases the likelihood of you selecting the right numbers. The lottery certainly involves chance, and with more tickets you have more chances.
If the winnings will be particularly high, that’s the ideal time to buy the most tickets because it raises the potential value per ticket.
Ethan Wolff-Mann puts it this way:
In a basic lottery with just one prize, $1 tickets, and 100 people playing, any jackpot over $100 will mean that a ticket will be worth more than the $1 it costs. If you bought all the tickets for $100, you would win the jackpot and take home more than what you paid. So theoretically, at a certain size, a lottery ticket can actually be worth more than what you pay for it.
Bottom line: Buy more tickets to increase your odds.
Join A Lottery Betting Syndicate
Joining a lottery syndicate with friends, coworkers, or relatives can significantly increase the odds of winning the lottery. Again, this goes back to the sheer number of tickets purchased. Yes, you will have to share your winnings with others, but if the prize is large enough, this may not matter.
Some lottery sydnicates allow you to buy a percentage of the winnings. In other words, the more tickets you buy, the higher the percentage of the prize you get. This can be a fantastic way to improve both your odds and potential prize.
Lottery syndicates have been known to produce big winners in the past. In the United States, for example, a 49 person syndicate won $US 172.7 million, equating to about $US 3.5 million per person.
Before you join a syndicate, there are a few things you’ll want to check. First, syndicates aren’t legal in every location, so be sure that it’s permitted. Second, some companies prohibit gambling in the workplace, so look into office policy.
Bottom line: Join a sydnicate and buy a bigger percentage if possible.
Play Less Often, Purchase More Tickets
Many people play the lottery regularly, purchasing a single ticket per time. This dramatically lowers your chances of winning since more tickets equals higher odds. A much better strategy is to wait until the lotto reaches a specific amount, then invest in more tickets.
In some ways, this can seem counterintuitive. It can feel like you have worse odds since you’re playing less. But because the lottery is ultimately a game of statistics and chance, it’s really the best way to improve your chances of winning.
A simple example. If you played a single ticket every week in a lottery with 100 tickets, your odds are 1 in 100. After 50 weeks of playing, your odds are still the same. However, if you purchased 50 tickets at once, your odds are suddenly 1 in 2, which means you’re much more likely to win.
Bottom line: Play less but buy more tickets when you play.
Play The Lottery In Countries With Better Odds
Depending on the country, you may be able to participate in the lottery even if you’re not a citizen. Each of these countries has different odds of winning, meaning you may be better off playing in a country besides your own.
Swedish Lotto 1 : 6,724,520
Austrian Lotto 1 : 8,145,060
Irish Lotto 1 : 10,737,573
Polish Lotto 1 : 13,983,816
French Lotto 1 : 19,068,840
UK Lotto 1 : 45,057,474
Oz Lotto 1 : 45,379,620
Yes, the payout may be smaller in these countries, but frankly, you’d still walk away with a lot of money. Additionally, if the population is smaller, the winnings may be spread over smaller people.
Bottom line: Playing outside your own country can increase the chances of winning.
Triple Check Your Numbers
Amazingly, a huge amount of prizes go unclaimed every year. CNN reports that around $US 2 billion in prize money is never claimed each year and, oddly enough, this tends to happen after the biggest jackpots. Most likely this is because people assume that there’s no chance of winning and neglect to look at their numbers or they forget to see if they won smaller prizes.
Bottom line: Don’t miss out on money. Check, double, and triple check your numbers.
Play After A Big Jackpot
This is also counterintuitive, but statistically it’s true. More people play when the jackpot hits huge amounts, meaning that winnings will probably be spread over more people. Playing after a big jackpot, when fewer people play, means that if you win, you’ll share the prize with fewer people.
Bottom line: Play after the big payouts to decrease the number of people you share winnings with.
Choose Uncommon Numbers
Because so many people play dates, numbers between 1 and 31 will typically be chosen more than other numbers. Choosing some numbers outside this range will decrease the chances of you sharing winnings with other people.
Another way to avoid common numbers is choosing sequential numbers, since many people think random sequences are more likely (they’re not).
Finally, avoid the numbers 1-2-3-4-5-6. In every lottery, approximately 10,000 people play this combination. This ties in closely with choosing uncommon numbers. The more people who play a specific combination of numbers, the smaller the individual winnings will be.
While these strategies won’t increase your odds, they will increase your winnings.
Bottom line: Uncommon numbers leads to higher payouts.
Stay Away From Lucky Numbers
Are certain numbers lucky? Who knows. For you, they may be. But playing lucky numbers won’t give you a better chance of winning the lottery. A specific number has no more chance of being pulled than any other number.
However, if you play lucky numbers in conjunction with the above strategies? You might just be looking at magic.
And frankly, who are we to say that some numbers aren’t lucky? Only you can decide that!
Winning the lottery will change your life. It opens up possibilities you never dreamed and can provide security for you and those you love.
There is a story of a man who won the Euromillions lottery.:
After winning £128 million in a 2012 EuroMillions draw, a man from the historic Suffolk region of England made it clear that his ultimate wish was for his beloved 80s hair metal band to reunite. “I think I would just have to get Guns N’ Roses together — the original line-up, mind. I am a real fan.” The winner, who had his own music shop in his hometown, said he would happily use some of his winnings to make the gig happen.
Whatever you want to do, whether it’s reunite Guns N’ Roses or purchase a boat, you can do it if you win the lottery.
This article was originally published here at https://www.lottoland.com.au/magazine/want-to-improve-your-chances-of-winning-the-lottery-heres-how.html and has been republished with permission.
Created on Jan 8th 2018 08:27. Viewed 248 times.