All of us dream of winning the lottery one day and many of us have already made plans what we will do with the prize money. Purchase a new home, buy a fancy sports car, invest in a new business, or take a round-the-world cruise – all of this becomes possible when we win the lottery.
The higher the jackpot, the more we desire to play the game, yet the odds of winning a high jackpot are extremely low. Winning the US Powerball lottery for example, with jackpots that are regularly in the hundreds of millions of dollars, is nearly impossible as the chance of winning is 1 in 292 million. But someone eventually does win the Powerball jackpot so why shouldn’t it be you?
The chances that you’ll win the jackpot are much better when you play a smaller lottery. For example, the jackpot odds when you play the Australian version of the Powerball are 1 in 76.7 million. And when you play California’s SuperLotto Plus, you have a 1 in 41 million chance of winning the jackpot. You have a 1 in 12 million chance of winning the Oregon Megabucks jackpot. Of course, the better the jackpot odds, the smaller the jackpot tends to be.
The odds of winning a lottery jackpot should not be your only consideration when choosing which lottery to play. After all, you can win a lottery prize without winning the jackpot. Sometimes the secondary prizes are extremely generous.
Lottery odds are not the same thing as jackpot odds. Lottery odds are the odds of winning any prize in a lottery while jackpot odds refer to the chance of winning the lottery jackpot.
The overall odds of winning a prize in the Powerball lottery are 1 in 24.87. The odds of winning any prize when playing the EuroMillions lottery are much better: 1 in 13. The odds of winning a prize when playing the UK National Lottery are better still: 1 in 9.3
Other things you should take into account when choosing a lottery are the cost of participation in a draw and the taxes you will pay if you win a prize.
With so many things to consider, how do you choose the best lottery to play?
By selecting to play with the best jackpot odds at theLotter, the leading online ticket purchasing service, you know you are also getting the best cost-benefit ratio. When you follow this advice and play lotteries such as the Australian Saturday Lotto and the Polish Lotto, you have a very good chance of winning a lottery prize.
Lottery fans all over the world enjoy the excitement of playing the lottery in anticipation of hearing the draw results and checking their tickets, even when they don’t win a prize. Knowing which lottery to play may come down to personal preference but at least now you’ll know what factors to consider when you make your choice.