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The following article was published in our article directory on March 2, 2013.
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What Are The Probabilities? Might Anyone Seriously Win The Lotto?

Article Category: Advice

Author Name: Steve Howell

You have to understand that for some people to win the lotto, some people have to lose. There have to be many more losers than winners.

The real winners in any type of lotto are normally the government bodies that sponsors the games, the vendors that sell tickets, the lottery companies and also the promoters of the games. The ticket buyers are the ones which will need to produce the money to pay off all the above and provide a very, few winners from ticket buyers.

I will explore Powerball chances in this article to give you a general ideal of just how likely it is that one might actually win.

Overall odds for winning something with Powerball is actually 1 in 31.85 or around 3.14 %. This says that there is actually a 96.86 % chance you would not win anything. Statistics show, if you spent $2000 then bought a ticket in 1,000 Powerball games at $2 each, there is a 50 % chance one would win back less than $140. There is actually around 99 % possibility to get less than $500. There's about a. 2 % probability to win $10,000 or more.

With Powerball there are a total of 59 white colored balls numbered 1 to 59 as well as 35 red balls numbered 1 to 35. 5 white colored balls and 1 red balls are selected in any game. Overall differnt combinations for Powerball numbers is calculated by figuring the amount of unique combos of the 59 numbers and that is 600,766,320 divided by the number of combination orders which they could be pulled, that is 120 so that is 5,006,836. Multiply that time the number of Powerballs, or 35 and you get 175,223,510. Hence your odds of claiming the jackpot are 1 in 175,223,510.

The likelihood of matching all 5 white balls and not the Powerball and winning the non Powerball jackpot, would be computed by taking the 175,223,510 and dividing by the number of red ball numbers that don't match which is 34. That is 1 in 5,153,633.

The odds of winning the smallest payout is only 2.7 % or 1 in 36.93.

The odds are not in your favor, that's no doubt, but ask any lotto winner right shortly after they win and see if they give a dang about the odds.

Many people say they have a system of how to win at lotteries but do they work? Some of the stategies sound like they should work, like don't use more than 2 consecutive numbers, or always play the same numbers, or don't play the same numbers, don't use 2,4,6,8,10 type of systems, etc.

All lotto machines that randomly select balls, don't know what numbers are on which ball, it is just a ball with a picture on it. The same as any 5 number combo. Any number combo has the same odds.

And so should you play the lottos? Most likely not if you checkout the odds, however it may be exciting. When the jackpot is up there, I play occasionally. I also play the Free Lotto online. There are 6 online games you may play every day with pots of more than $11 Million. The cost: a small amount of time on a daily basis. I don't know the odds, they can't be any better than the pay lotto's, however at least you are not risking the rent.

Keywords: powerball numbers for today, free lotto, how to win at powerball, powerball, lottery, lotto

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