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What Are the Odds of Winning the Lottery?
Article by Tino
Have you ever dreamed of winning the lottery? You probably have. But do you know what the actual odds of winning the lottery are? Here is a list of some of the more popular lotteries from around the world and the odds of winning the jackpot:
Powerball: USA – 1 in 195 million
Mega Millions: USA – 1 in 175 million
Fantasy 5: USA – 1 in 575,000
6/49: Canada – 1 in 14 million
Super 7: Canada – 1 in 21 million
Lottario: Ontario, Canada – 1 in 4 million
Payday: Canada – 1 in 1.35 million
Euromillions: Europe – 1 in 76 million
National Lotto: UK – 1 in 14 million
Tattslotto: Australia – 1 in 8 million
Super 66: Australia – 1 in 1 million
Super Lotto: India – 1 in 14 million
Goslotto Russia: 1 in 8 million
The general rule of thumb is that the lotteries that have massive jackpots are also harder to win; the odds tend to go higher as you play lotteries with massive jackpots. For example, the lotteries that have jackpots that run into the hundreds of millions of dollars, like Powerball or Euromillions, tend to be astronomical. But people still love those types of lotteries because they’re just pretty much buying a dream for a dollar. Normally, the dream ends when the draw takes place and they lose. But then they can go back the next day and buy another dream for a dollar.
Powerball and Eurmollions types of lotteries tend to be unwinnable because of the astronomical odds. But there are lotteries that are winnable. Take, for example, Payday in Ontario, Canada. The odds of winning the Payday jackpot, which is 1 in 1.35 million, are relatively good. It costs to play and if you buy ten tickets for , your odds decrease to 1-in-135,000. That’s not that bad!
But don’t forget that you should never base all your hopes on winning the lottery and never spend more than you could afford to lose. The odds are against you. Winning the lottery is just a dream. That’s all!
About the Author
Tino has created a collage of lottery winners that have won big jackpots. The list of winners includes people like Brad Duke, who won a 0 million Powerball jackpot.
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