|
Author: Martin Waterhouse Article source: http://www.lottery-guy.com/. Used with author's permission.
If I had a lottery ticket for every time I've heard "well I play the Mega Millions lottery because the jackpot is so much bigger"...
OK, in my head I'm thinking "but don't you know you have 10 times less chance of winning?"... I do try to be polite about it.
Fact is, lottery organisers love creating games with very long odds. Why? Because it means more rollover jackpots. Which means jackpots which grab newspaper headlines. Which generates more interest and higher ticket sales.
But what's more important -- the media profile of your chosen game? Or your odds of winning the lottery?
Here's a quick reminder of what lottery odds look like.
A standard 6 balls from 49 lottery gives you about a 1 in 13 million chance of winning for each ticket. Long odds yes, but hey this is a lottery! But just hang on a second...
A typical Power Ball type draw is normally 5 balls plus a bonus ball. That may sound easier to win, but it's actually so much harder it hurts! Take the U.S. Power Ball, that's 5 balls from 53 followed by 1 ball from 42 -- fact is your odds are now around 1 in 120 million for the jackpot. That means you have to buy TEN times as many tickets just to have the same chance of winning!
How about EuroMillions? It may at first sound harder to win, but it's actually easier! The Euro game is 5 from 50 plus 2 from 9. But that's actually a 1 in 76 million chance, almost twice as easy to win as the U.S. Power Ball.
The U.S. MegaMillions is far worse. 5 from 56, plus 1 from 46 -- that gives you astounding odds of 1 in 175 million!
There's also a smaller reason to be concerned at big rollovers. If a lot more people play there's a greater chance of multiple winners, which means sharing that enormous jackpot that was harder to win in the first place!
So are power ball type draws just designed to confuse players about lottery odds? Maybe -- but I'll leave that one for the conspiracy theorists. Let's just concentrate on improving your chances of winning the jackpot shall we!
Here's the short, sharp advice for playing more wisely...
Play the game which gives you the best chance of winning a life changing sum of money. Yes, 100 million does look great fun, but would it make your life any different to winning 10 million? Of course not. So why settle for 10 times less chance of actually winning!
So if you play a power ball type draw, the fastest, cheapest, most effective way you can boost your lottery chances right now... is to change the game you are playing.
Are you playing the right lottery? Martin Waterhouse is a lottery and statistics fan - who is not popular with the vendors of expensive lottery systems based on dodgy maths and mumbo-jumbo! Publisher of the internets foremost lottery syndicate review and lottery tips site, Lottery-Syndicate-World...
Want better chances of winning the lottery in an instant? Find the worlds best lottery syndicates online today at Lottery Syndicate World
Dreamweaver 8 Preview
August 8 2005, Macromedia announced a release of Studio 8.
Generate More Sales in ANY Affiliate Program – Part One
The Golden Question for all affiliates is 'How can I create an advantage for me?' The Answer: Incentive Marketing. For those who are content in promoting oth...
Mens Online Dating Email Tips! Triple Your Dating!
Six email tips that will triple your response and dates with internet dating.
Teach Yourself CSS The Easy Way
You don't need to start from scratch to learn CSS nowadays. This article shows you how to do it the easy way!
History of the Media, Radio, and Television
The history of the media, starting with radio, through television and the internet.
The Mystery of Purpose
What is the purpose of our life? Is it something that we need to find in order to become totally happy? Does the key to our happiness lie in finding the purpo...
Sparkling, Clean Lighting Will Add The Perfect Touch To Your Home
When one thinks of the many factors that affect the look of a room, most people think only of the paint and furniture. In doing so, they overlook the most impor...
3 Ways To Get More Website Traffic That Buys
Who else wants traffic that buys? I for sure do, and after
trying out various website traffic generating methods and
strategies. I have finally managed to pin p...
Seeking the Sacred
People have always sought the sacred. It is the Divine within striving to reconnect with the all.
5 Pieces of Equipment Gardeners Cant Live Without
A list of five pieces of equipment that every gardener should have at their disposal.
Finding the Secured Homeowner Loan for You
If you've been thinking of getting a secured homeowner loan, you'll find it worth your time to do a little research on these loans and to shop around for the be...
Whats In My Crystal Ball?
There is nothing more enlightening than discarding the foolish cloak that has been placed upon you, and sprinting ahead naked, -- finally laughing at your own i...
Some Evidence of How We Are Spiritually Connected
A recent case study done by Nick Arrizza M.D., Energy Psychiatrist, Researcher and Healer reveals that we are spiritually connected, that our negative memories ...
Sales Brochures - 9 Steps to Success
Even in this day of websites, many customers want to look at
a brochure or other form of hard copy. It's important
therefore that your brochure tells the custom...
The History of Costume Jewelry
There is virtually no difference between costume jewelry and antique jewelry. Costume Jewelry dates back to the 1930s.
Treating Painful Diabetic Peripheral Neuropathy
Burning, numbness, tingling, hot and cold sensations, shooting and electrical pain are common sensations felt at rest in painful peripheral neuropathy. Neuropat...
The Key To Marketing With Blogs
I've spent months answering questions from marketers about blogs and blogging and how they fit into the marketing mix. Still, 99% don't understand the power of ...
Debt Consolidation: Friend or Foe?
Debt consolidation has become big business in this country over the last several years. Consumers with the good conscience to avoid filing for bankruptcy are t...
How To Get Ahead On A Low Income
Do you struggle from week to week trying to make ends meet? Are you consistently going without things that you really wish you could afford? Read on to learn s...
Acoustic Transducers to Power Swarms of Nanomites
How can we keep SmartDust aloft? How can we keep these tiny motes and nodes airborne for long periods of time? It maybe possible to build SmartDust so small you...
Increase Your Affiliate Earnings with a Smart Webmaster Plan
Planning your website out ahead of time can increase your affiliate earnings.
Guitar Humidification
How is proper guitar humidification achieved?
Curbing the Public Nuisance (Part 1)
He's been around since the dawn of humanity. His profession is even older than the world's oldest profession. He's been loathed and reviled by politicians, bu...
Treadmill Comparison: 3 Things You Must Know
Buying a treadmill? You'll probably be making several treadmill comparisons to find the right treadmill for your needs. Here are 3 ways to make effective tread...
|
Print this page