There’s a stat floating around that says 21% of all Americans considering winning the lottery as an important wealth-building strategy.
While chance is the biggest indicator in whether or not you will win the lottery, it is also correct that there are following strategies you can try to increase your chances:
1. Choose the best and right games to play
If all you do is going for the Powerball and MegaMillions, chances are that you aren’t going to win. However, many states also offer smaller games to play — including scratch games. Consider some of the scratch games that have a higher chance of winning. The one time I played the lottery, for fun, was spending $1 for a scratch card. I won $5 — I came out $4 ahead.
If all you do is to go for the Powerball and MegaMillions, chances are that you aren’t going to win. Moreover, many states also offer smaller games to play – including scratch games. Consider some of the scratch games that have a higher chance of winning. They usually offer a Lotto game with big jackpots and almost unbeatable odds, and one with a smaller lotto number field for players who like to win prizes more often. Pick-5 games are usually the best games to start with.
2. Number of selection strategy
Having carefully analysed all of the lottery drawing results of more than 200 different lotto games worldwide, with histories going back as far as 1955, we have verified the following incredibly simple rule:
That which is MOST POSSIBLE happens MOST OFTEN.
That which is LEAST POSSIBLE happens LEAST OFTEN.
3. Focus on probabilities and numbers
In the twice weekly New York 6/59 Lotto game, each six-number combination has a chance of hitting once every 433,245 years. So, it would be pointless to play the same six numbers week after week, year after year, because you think they are “due” to hit. The basis of our lottery strategy is to play the probabilities – or to play that which is most likely to happen.
The first number you choose in the UK lottery has six chances out of forty none of being the right one. Problem is, as you pick more numbers, the odds get worse. The second number you pick has a five in forty eight chance of being in right. The third ball has a four seven chance of being right, and so on. That’s translates to a 43.6% chance that you won’t be able to pick a single winning number. Overall your odds of picking the right numbers for the lottery are in 1 in 13,983,816.
4. Systematic Thinking
In Sports betting, you can statistically chart the performance of a player over a season. You can track the conditions that are most favorable to a specific horse.
5. Heck the odds:
All the genuine tips we’ve been able to glean from experts do exactly that in one form or another. The first method is one that many lottery players already, instinctively indulge in.
6. Use a Lottery Pool
Some of those with the most success with the big games win because they were able to increase their odds by purchasing a large number of tickets. A lottery pool can help you with this. Choose a game, collect money from people in your office, or from your friends. Buying more tickets will help. Buy your tickets in bulk, and you have an increased chance of winning. Of course, if you do win, you will have to share with everyone who contributed.
7. Look for Second-Chance Games
Some states offer second-chance games. These are lottery games that give you a second chance by winning a lesser prize if four of your numbers match, or even if three of your numbers match. Before you throw out your ticket, check to find out about second-chance games. You might be surprised to discover that you won a little something after all.
8. Double-Check You Numbers
Sometimes, people forget to double-check their numbers. Make sure you check back to find out if you’ve won. You can do the same thing with discarded lottery tickets that you find. You can double-check those numbers, or look for a second-chance game. There’s nothing better than using a discarded lotto ticket to win — especially since you didn’t actually have to spend your own money on it.
That’s it. That’s putting your money to work for you in a good way.
Of course, you might win big. There is always the chance. The odds of winning the Mega Millions are something like one in 175 million. But is basically throwing away almost $8,000 in the hopes that you are that lucky one really worth it? When you could be using the money to do something else? Even if you don’t invest the money, you could at least use it to enjoy something right now, like a good book or a latte. At least you receive something for your trouble beyond a worthless lottery ticket.