You can potentially earn a life-changing amount by playing the lottery, which is why lottery operators sell billions of tickets worldwide to hundreds of millions of players. Lottery organizers sell the idea of a dream, and someone has to win it eventually, and that's enough to get everyone participating.
What are your odds of winning the lottery and which lotteries have the best odds?
Which lotteries have the best chance of winning?
Your chance of winning the lottery will depend on the lottery itself, and the individual lottery odds will depend on a few primary factors:
- How many balls are drawn
- The number range of the balls
- The inclusion of bonus balls
As an example, the UK Lottery uses six numbers, without bonus balls (a bonus ball is drawn, but players do not choose it). The numbers range from 1 to 49, which means the total jackpot odds are 1 in 45 million. That sounds like a lot, but it's reasonable for big lottery draws. On the other hand, SuperEnaLotto has odds of more than 1 in 622 million, which is driven by the fact that players must choose from balls numbered 1 to 90.
Winnning the Mega Millions jackpot odds increased from 1 in 258 million to 1 in 302 million when they reduced the main ball numbers from 75 to 70 and increased the bonus ball number range from 15 to 25. An even more noticable change happened on EuroJackpot’s change as it went from jackpot odds of 1 in 59 million to odds of 1 in 95 million by merely changing the bonus ball range from 8 to 10.
What are the odds of winning the lottery more than once?
Lotto odds are a funny thing. If you win the lottery today and place another bet tomorrow, the odds that the entry is a winner are the same as the chances that your first entry was a winner.
Have you ever won a prize in the lottery, big or small? Let us know in the comments!