Which lottery game is best to play
There are other games, such as Italy Lottomatica, that use different formats, but they are quite rare and not worth mentioning here. In the end, what type of format you prefer is up to you, but generally double-matrix games have tougher odds and therefore bigger jackpots. Prize tiers refer to the prize levels that exist for any given lottery and include everything from the top jackpot all the way down to the smallest secondary prize.
The bigger and tougher a lottery is, the more prize tiers it usually has. This makes sense because if the odds of winning a jackpot are super tough, then the least the lottery can do is give you a fighting chance at scoring a smaller prize. Odds refer to your chances of winning the lottery, and they are definitely something worth looking at when considering which lotteries are worth your time and money.
The second toughest lottery is Mega Millions, with odds of 1 in ,,, and third is US Powerball whose odds are 1 in ,, To put that into perspective, the likelihood of you being hit and killed by an asteroid are 1 in 74,,, while the odds of you getting bitten by a shark are 1 in 8 million.
While knowing this might make you want to all but give up on ever winning the jackpot, never underestimate the power of Lady Luck. The Polish Mini Lotto, for example, has odds of 1 in ,, while Hungary Hatoslotto's chances are 1 in 8,, There are some lotteries, such as Ukraine Megalot, that have unimpressive jackpots AND very tough odds, which is why Megalot is probably our least favourite lottery in the world.
As the news spread around the world, even more people wanted to play. But a good question to ask yourself is how much money is enough? If any of these latter amounts would suffice, then it might make more sense for you to play lotteries that offer smaller jackpots and much better odds. Minimum jackpots and jackpot caps are closely related to the last topic, as they determine the lowest and highest jackpots that a lottery might have.
This is the case with US Powerball and Mega Millions and a big reason why their jackpots get as crazy as they do. Rollover caps often go hand in hand with jackpot caps, but not necessarily.
If it can roll over, it might do so indefinitely until there is a winner—something that is common to Mega Millions and US Powerball. Other lotteries have caps on how many times the rollovers can occur. The downside of this is that if there are multiple secondary winners, the jackpot will need to be split equally among all of them. Some lotteries even have rollover limits on the secondary tier, meaning the jackpot could roll down to a third prize tier, but in reality this kind of thing happening is extremely rare.
While the US tax on lottery winnings varies depending on where you live and where you bought your ticket, it is still among the highest in the world overall. However, just because a country doesn't take a cut of the winnings at the time you're paid out doesn't mean you won't be liable for any capital gains and other types of charges. Understanding how the UK taxes lottery prizes is a good example of this. This applies to lottery winnings that were tax-free at the source meaning the country you won them in and winnings that the source country already taxed meaning you could be double-taxed , so you can see why considering taxes is important if your main concern is trying to maximize your wins.
Payout options refer to how a lottery pays out its winnings, and this usually comes in one of two forms: lump-sum cash payments or annuity payments.
Lump-sum cash payments mean that all the money gets paid out to you in a single payment. Annuity payments , meanwhile, are an option that a few lotteries offer to their jackpot winners. What annuity means is that the money is paid out to you on an annual basis over a predetermined number of years—usually 20 to There are several advantages to this method, starting with a lesser likelihood that you will squander your winnings in a short amount of time.
However, 20 to 30 years is a very long time, and a lot could happen, including tax laws changing, wars breaking out and lottery companies folding, or you getting sick, injured, or passing away before the payment period is complete and you ever got to enjoy all that hard-won money.
Nevertheless, financial experts advise that annuities, which are contractually guaranteed, are ultimately the wisest option.
Unbeknown to most people, many lotteries offer second chance draws that allow players to resubmit their losing tickets to an additional draw for smaller, but still exciting, prizes. Since entry into these draws is usually free and the odds are MUCH better than those offered in the primary draws, there's absolutely no reason not to play them whenever you can.
However, other games might have specific elements that appeal more to you. Value comes down to how balanced the ticket price and likelihood of winning a prize are.
Some people believe that the best way to maximize your chances of winning are to choose the most frequently drawn numbers. In the US Powerball, for example, the most frequently drawn numbers in the past decade have included 20, 37, 2, 31, and One of the most best ways to increase your chances of winning a great prize is by playing in a lottery pool with friends or a lottery syndicate online.
Take the Powerball, for example: it has notoriously tough odds of 1 in ,, But if you play with a line syndicate, the odds improve to a vastly better 1 in 1,, Make sure to maximize your chances of winning by playing with friends or an online lottery syndicate. And if you do win, please drop us a line and share the good news. You can buy lottery tickets online for games around the world from a number of third-party lottery retailers.
Otherwise, you can typically buy tickets in person from official lottery retailers in your country. Depending on the game, you may be able to purchase lottery tickets online from the official lotto retailer, or through SMS. Yes, lottery tickets do expire—even winning tickets. If you buy a ticket, make sure to check how much time you have to claim a prize before it expires. Some lotto organisations, for example UK National Lottery, have an appeal process where players can lodge an appeal about a lost or damaged ticket within 30 days of the draw.
The organisation will investigate the claim, and if they side in your favour, you will receive your prize. Smaller prizes are usually paid out immediately, but if you win a big prize, like the jackpot, it make take a few days or weeks before the money gets to your account.
For example, it takes 15 days after the draw date for Mega Millions and US Powerball to collect the funds for the jackpot. This period varies by country and lotto game. The first thing you should do when you win the lottery is sign your ticket and put it in a safe place until you can claim the prize. The next thing you should do is talk to a financial advisor. What is the best lottery to play? US Powerball read the full review.
Odds 1 in ,, Play now! Mega Millions read the full review. EuroJackpot read the full review. Odds 1 in 95,, Italy SuperEnalotto read the full review.
Odds 1 in 13,, Canada Lotto Max read the full review. Jackpot TBD. Odds 1 in 28,, EuroMillions read the full review. Polish Lotto read the full review. UK Lotto read the full review. Odds 1 in 45,, France Lotto read the full review. Odds 1 in 19,, Swedish Lotto read the full review. Austria Lotto 6 aus 45 read the full review.
Odds 1 in 8,, Swiss Lotto read the full review. Odds 1 in 31,, Polish Mini Lotto read the full review. Odds 1 in , Viking Lotto read the full review. Odds 1 in 98,, German Lotto read the full review. Ukraine Megalot read the full review. Odds 1 in 52,, Spain La Primitiva read the full review. Hungary Hatoslotto read the full review. Jackpot Ft Million. Spain Bonoloto read the full review. Italy Lottomatica read the full review.
Odds 1 in 43,, South Africa Powerball read the full review. Jackpot R 86 Million. Odds 1 in 24,, South Africa Lotto read the full review. Jackpot R 3 Million. Odds 1 in 20,, Brazil Mega Sena read the full review. Odds 1 in 50,, Brazil Dupla Sena read the full review. Odds 1 in 15,, Brazil Quina read the full review. UK Thunderball read the full review. Australia Powerball read the full review. Oz Lotto read the full review. Australia Saturday Lotto read the full review.
Australia Monday Lotto read the full review. New Zealand Powerball read the full review. Odds 1 in 38,, Ontario 49 read the full review. Colombia Balotto read the full review. Jackpot COP Chile Clasico Loto read the full review. Jackpot CLP Million. Odds 1 in 4,, Hong Kong Mark Six read the full review. Italy MillionDAY read the full review. Odds 1 in 3,, Hungary Otoslotto read the full review. Jackpot Ft 3. Japan Loto 6 read the full review. Odds 1 in 6,, Japan Loto 7 read the full review.
Jackpot Not Published. Odds 1 in 10,, Mexico Melate read the full review. Jackpot MXN 31 Million. Odds 1 in 32,, Mexico Melate Retro read the full review.
Jackpot MXN Peru Tinka read the full review. Irish Lotto read the full review. Jackpot lei 5. India Saturday Super Lotto read the full review. Brazil Lotofacil read the full review. New York Lotto read the full review. Ukraine Super Loto read the full review. Brazil Dia De Sorte read the full review. Odds 1 in 2,, New York Cash4Life read the full review.
Odds 1 in 21,, California SuperLotto Plus read the full review. Odds 1 in 41,, New York Take 5 read the full review. Odds 1 in 5, Abu Dhabi Big Ticket read the full review. Odds 1 in 20, Kerala Lottery read the full review. Goa State Rajshree Lottery read the full review. Odds 1 in Punjab State Lottery read the full review.
Maharashtra State Lottery read the full review. Jamaican Cash Pot read the full review. Singapore Pools 4D Lottery read the full review. Odds 1 in 10, Singapore Pools Toto Lottery read the full review.
Nigeria Baba Ijebu Premier Lottery read the full review. Lotto America read the full review. Odds 1 in 25,, Maroc Loto read the full review. Florida Lotto read the full review.
But what about those players who have won more than once? Were they just lucky? What about those players who have won up to 7 times? You are probably like most of us who question the statement that these lottery winners were plain lucky. You know that they must have applied a formula for picking lotto numbers. Considering there are several possible combinations in a game of Pick 3 Pick 4 game and much more in pick 6 or higher games, is there a pattern that really works?
The belief here is that the likelihood of some numbers coming up together is quite high because there is a history of them being drawn together. The belief is that a sequence of numbers or different sets of numbers tend to repeat themselves again and again.
In our hypothetical example lets say the number 4 and the number 6 being have been drawn together in a winning line 4 times out of the last 7 draws.
Using this selection method you would choose both these numbers on your play because they tend to be drawn together. This is not a very scientific method but believe it or not it has worked for some past winners.
Although there are more scientific methods for winning the lottery this simple system has led several people to select the exact numbers of a ticket won one or two weeks ago. With Pick 3 games played 4 times daily, players who go for this option expect a past winning ticket number to repeat itself sooner than later. This method includes the use of significant dates or numbers you see in daily life that you think are a sign. This is the most common way for picking lottery numbers but it is also the worst way for playing any lottery game.
When you play a random selection of numbers in a lottery game you playing with odds that are so bad you have a better chance of being dead come lottery draw time than of actually winning the jackpot. You really need to take a more mathematical approach if you want to win the lottery. This is peculiar with the player who selects numbers based on how he or she feels about it. Some people have been known to select numbers based on the time of their birth. They associate such numbers with good things which have happened in their lives.
Second chance is a type of lottery game that is played in several states, including Massachusetts. These are games that you play at the same time as a regular lottery scratch off. This is a way to have a second chance at winning the lottery and getting your money. The chances of winning a second chance are very small, but they are much better than the overall chances of the scratch off game itself.
When you play these games, you have to pick six numbers that are pre-chosen. Then, you need to match the symbols that you see on the five balls up and win the top prize.
There are a few ways that you can find out if you are a second chance winner. The first way is to check the numbers that you have chosen. If you win the game, then you will have won the prize that you have put in for.
The second way is to check the overall chances of winning. If you win the money that you have put in, then you have a better chance of winning than the overall chances of playing the game.
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