North Americans spent over $80 billion in 2016 on lottery tickets. That same year we spent less money on books, video games, movie tickets, recorded music, and sports tickets combined.
Which is interesting since you have better odds of being eaten by a shark, getting elected president or being struck by lightning. The odds for winning the Powerball are one in 292,201,338.
But that doesn’t mean you should give up. There are ways to learn how to increase your chances of winning the lottery.
And we’re going to show you how. Keep reading to learn how to win the lottery.
How to Increase Your Chances of Winning the Lottery Starts With a Budget
Always set a budget so you don’t go overboard. Focus on your financial goals and don’t let temptation get the best of you.
Never go above your budget, even if the drawing is huge. And never, ever spend your rent or grocery money on lottery tickets.
Be extra careful since some states are now allowing you to use your credit card. If you do realize you have a gambling problem, seek help out immediately.
With a Scratch-Off by Doing Some Research First
If you want to learn how to increase your odds of winning the lottery, you can do so easily just by taking a look at your state lottery board website to get the lotto results. This will show you exactly which scratchers still have money attached to them.
Often, you’re buying a scratch-off ticket where all the money has already been claimed. There’s literally no chance of you winning any money that way.
Instead, purchase a ticket where the big prize is still available.
You May Have a Second Chance with a Losing Ticket
Don’t toss out your losing tickets. There are many lotteries where lottery operators run second-chance games for losing scratch-offs.
Since most people aren’t aware of this, your chances of winning the second time around greatly improves.
Consider Playing Online
Many people don’t realize that they don’t need to head to the store and wait in long lines to play the lottery. Instead, they can just get online and have tons of different lotteries to choose from.
Some of them may even be free to play.
Better odds and Greater Variety
Playing online makes it easier to know which lotteries are the most and least popular. Playing the least popular lotteries means less competition and better odds.
Also, playing online gives you access to hundreds of lotteries around the world, not just the state-wide and nationwide lotteries your local stores have available.
How to Win Powerball and MegaMillions
There are several ways to increase chances of winning lottery when it comes to Powerball and MegaMillions. The first way is to simply buy more tickets.
The more tickets you buy, the greater your chances improve. One way to do that is to play with a group, known as a lottery syndicate.
This creates a greater pool of tickets for everyone in the group and increases your odds. Another way to increase your odds is to purchase all your tickets all at once using the same machine.
How to Win Pick Three, Four, & Five Lotteries
Boxed bets are games that let you match winning numbers in any order. This method makes it easier for you to win.
You can use this method for Pick 4 lotteries as well to increase your odds.
This is a strategy where you pick one number and play it in 36 possible combinations for all positions. It’s important to note this system doesn’t cover all possible combinations.
It does provide you with a good spread which will increase your chances.
This is a strategy where you track previous results to spot trends. Some numbers appear more often and they’re known as “hot numbers”.
Numbers rarely drawn are known as “cold numbers”. Some people prefer to only play hot numbers.
Others play cold numbers assuming they’re overdue for a draw. And some others play a combination of hot and cold numbers to hedge their bets.
Positional tracking uses frequency analysis but it also keeps tabs on which positions a number tends to occupy. To use this method, it’s best to use a software program designed for this purpose.
Computer-Generated Numbers Vs Playing the Same Numbers
Some people, such as Richard Lustig, a man who has won seven lottery jackpots, feel that if you keep playing the same numbers over and over, you’ll have a greater chance of winning.
If you do choose to use this strategy, vary your numbers. Do not use numbers that end in the same digit.
However, other experts disagree with using the same numbers every time. They instead advise lottery hopefuls to use computer-generated numbers to increase your chances.
Using Lucky Numbers
Most people feel they’ll get lucky if they use birthdays of those they are closest to. The problem is that a lot of other people are doing the same thing.
That means that even if you do win, you’ll end up having to share your winnings with other people.
The Odds Aren’t Great
Also, only 30% of winners win using their lucky numbers. And speaking of “lucky” numbers, most people use 11 or 7.
But remember that if you toss a coin numerous times, you’ll find that you still only have a 50/50 chance of getting heads or tails each time.
Play the second prize in Powerball
Playing the $1 million or $2 million second prize in Powerful is easier to win. You only have to match five out of six numbers.
This increases your odds to one out of five million.
Choose State Over National Lotteries
By staying local and sticking to state lotteries, you increase your odds of becoming a winner. The odds are greatly reduced when you play national lotteries such as Powerball and MegaMillions.
Read Books and View Tutorials
If you want to know how to win the lottery, head to your library or favorite bookstore and get some books on the subject. There are hundreds of books available, each offering tricks, tips, and strategies to help you win.
There are also plenty of online tutorials available on YouTube for you to check out.
Know What You’re Getting Into
Now that you know how to increase your chances of winning the lottery, it’s time to understand what you’re getting into. While gambling can be fun, many people have struggled with their addicting qualities.
The more you know, the better chances you have of winning and keeping your money. Stay on our site to keep learning fun and interesting facts.