| The Scoop On Lotteries |
Lotteries are geared to make money
for the people running the lottery. Recently when the Canadian
7 / 47 lottery had their biggest draw of $54
million, the media was reporting the odds of winning the
Jackpot at about 1 in 21 million. You actually had a better
change of becoming Prime Minister of Canada. The power ball
lottery in the United States has the worst odds of around
1 in 80 million.
Why do people play or get excited?
To make dreams come true.
Some people purchase computer programs for generating numbers,
while others create charts and graphs.
All substantial wins I have had were on quick pick tickets
- computer generated numbers by the agent selling the
ticket.
I prefer to just get a ticket and then get it checked after
the draw (little time spent).
I view playing the lottery as a recreation and not a form
of profession. I would like to win a big jackpot like
others,
but wins of a few hundred or thousand dollars is a nice
windfall to have on a regular basis.
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Canada's 7out of 47 lotto game
(complete name not published due to copyright issues)
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Number of Matches |
Odds of
Winning
(approximate) per line |
Odds of
Winning
(approximate)
per $5 play - 3 lines |
What the lotteries promote |
7 / 7 |
1 in 85,900,584 |
3 in 85,900,584 |
1 in 28,633,528 |
6/7 +bonus |
1 in 12,271,512 |
3 in 12,271,512 |
1 in 4,090,504 |
6/7* |
1 in 299,305 |
3 in 299,305 |
1 in 99,768 |
5/7* |
1 in 4,751 |
3 in 4,751 |
1 in 1,584 |
4/7* |
1 in 213.8 |
3 in 213.8 |
1 in 71.3 |
3/7 +bonus* |
1 in 230.2 |
3 in 230.2 |
1 in 76.7 |
3/7* |
1 in 24.2 |
3 in 24.2 |
1 in 76.7 |
Any Prize |
1 in 19.8 |
3 in 19.8 |
1 in 6.6 |
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Canada's 6 out of 49 numbers lotto game
(complete name not published due to copyright issues)
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Number of Matches |
Odds of Winning
(approximate) |
6 / 6 |
1 in 13,983,816 |
5 / 6 +bonus |
1 in 2,330,636 |
5 / 6* |
1 in 55,492 |
4 / 6* |
1 in 1,033 |
3 / 6 |
1 in 57 |
2/6 + Bonus |
1 in 81 |
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The
USA multi state lottery - power"B##L"
(complete name not published due to copyright issues)
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Five white balls out of a drum
with 55 balls
One red ball out of a drum with 42 red balls |
Number
of Matches |
|
Odds of Winning
(approximate) |
5 +
red ball |
Grand Prize |
|
5 balls |
$200,000 |
|
4 +
red ball |
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4 |
$100 |
|
3 +
red ball |
$100 |
|
3 |
$7 |
|
2 +
red ball |
$7 |
|
1 +
red ball |
$4 |
|
1 |
$3 |
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