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There are some strategies that one can use
when playing the lottery. The best strategy for some is to
play the free Internet lotteries. Nothing is more
appropriately priced. However,
millions of people still buy lottery tickets. Generally, they
buy their computer-generated tickets each week without regard to
prize levels, numbers, or prior results. Some people play the
same numbers each week, waiting for these numbers to come
up. Here are some considerations and methods that
you can consider for your own lottery
participation. |
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Size of The Prize |
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When the
jackpot gets large, more people enter the draw by buying
tickets. As this jackpot continues to grow, more and more
people take the plunge, and buy the tickets.
The jackpot grows very fast at that
point, and it can take an hour or more to buy a ticket. This
is what happens every so often on the PowerBall Lottery. Every
Lottery becomes relatively huge every once in a while. The
higher the odds, the bigger the jackpot will ultimately climb
to.
Then, there is El Gordo, the Spanish
MEGA-Lottery. This is simply held twice each year, and is the
largest prize fund of them all. There are many gigantic prizes
up for grabs - first place here is about $13,000,000.00 in cash,
with no local taxes! Look at our description of this lottery
by clicking on the El Gordo link on the left.
The size of the jackpot really does
matter. The odds are astronomical that your numbers will ever
be chosen, but someone does indeed end up winning these
things. Buying lottery tickets becomes a long-shot dream of
independence and wealth - especially when the jackpot is truly
huge. Sometimes the first prizes can be well over
$100,000,000.00 in cash, all at once. Sometimes, these
winnings are even tax free in the country that holds the
lottery.
If you can actually stand to not buy
any tickets for a short period of time, save your money while the
jackpot is small. When the jackpot gets big, go back in.
When the jackpot is huge, buy as many extra tickets as you
didn't buy when the jackpot was small. This way, if you do
win, it will be very significant indeed.
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Frequency |
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If your local lottery is held
daily, you probably won't be playing every single day.
Conversely, if your only lottery available is something like El
Gordo, which is held only twice each year, you'll want to
participate in both drawings.
The frequency of the draw is
important only if it is extreme, as in the above two situations.
Generally, drawings are held twice each week, although there
are also lotteries that are drawn only once each week, and once each
quarter.
Most lotteries offer two draws each
week. By the way, the non-US ones usually have larger first,
second, and third prizes, and are completely tax free in that
country. The prize levels can get huge over time. The
best thing about many of these lotteries is that the second and
third prize amounts can be significant. Notice, for example,
the Canadian 6/49 second tier prize of over $693,000.00 in May of
1999. |
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Previous
Results |
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The scientist
in all of us realizes that the drawing of the actual lottery numbers
is a random event. That is, the outcome of any one draw has
absolutely nothing to do with anything else that has ever
gone on.
However, short term patterns do
happen often. The trick is to identify which pattern is valid
at what point. While this might seem somewhat akin to divining
water, we can still get far better odds of winning than simply
choosing a few computer- generated or special-interest numbers on
your tickets.
You can get these better odds by analyzing the
previous numbers drawn, while filtering out 'inappropriate' numbers
and combinations. These subjects are considered in our other
sections - see our Site Links, on the left of each page.
Lowering the odds is what it is all
about. Remember, if there was really an accurate way of
predicting these lottery numbers, the lotteries would be out of
business. Our main purpose is to lessen the huge odds by
playing smart.
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Wheeling a Set of
Numbers |
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When you 'wheel', or
combine, a set of numbers into your entries, the wheeling software
will pick your combinations based upon a heuristic formula that will
maximize your winnings up to a specific level.
Using this tool, you can play your
favorite, or even predicted, set of 24 numbers, and be sure that you
will have a certain result if the winning numbers are within your
set of 24 numbers. Or 30 numbers. Or 14 numbers.
It is up to you.
The wheeled entries are
spectacularly effective when the 6 winning numbers are wholly or
partially within your big set of numbers. There can be many
winners within your entries. If you go through the effort of
generating your numbers, processing them in a wheeling software
package, and then generating the entry slips, you'll generally enter
these same slips each week.
Sooner or later
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Pools and
Clubs |
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Lottery Pools and Lottery Ticket
Clubs can yield great results. Did you know that fully 40% of
all lottery wins are by a lottery club or pool? This can be
potent stuff.
The best way of doing this is with
your friends and/or co-workers. This is the way that some
truly monumental jackpots have been won. A lottery pool can
yield great results. You cover much more of the possibilities
for the same amount of money. Any of us would rather have 5%
of $30,000,000, rather than 100% of nothing.
Just beware when you join a
pool. Make sure that the rules for the pool are understood,
and that everyone knows exactly what percentage of the winnings they
are due should the pool's numbers be
drawn.
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