What are the odds of buying a jackpot-winning lottery ticket? Well, that’s where the math gets scary. The odds of someone choosing the winning combination of numbers are 1 in 195,249,054. Yes, you read that right – just 1 in almost 200 million. To put that in some numerical perspective, the United States currently has a population of 307 million people, so you’re theoretically competing against 2/3 of the entire U.S. population. Those are serious odds stacked against you every time you spend $1 for a lottery ticket!
Buying lottery tickets is not an efficient way to increase your personal wealth. For those of you who still think you can beat the odds, there actually is a strategy. The single surefire way to win money from playing the Powerball lottery is to buy 39 tickets, each one hand-picked to contain one of the unique Powerball numbers between 1 and 39. You are then guaranteed to at least win the $3 prize. Sure, it may have cost you $39, but this is one way to “win” the lottery.

If I Win Lottery What Should I Do?


The minute you realize you have all the numbers, you’re ecstatic. But make absolutely sure that what you’re celebrating is real. Check the numbers again. And again. Verify the numbers on the website, and check again that your ticket has the same numbers and the correct drawing date. Avoid embarrassment and disappointment by, before anything else, making sure you are truly the winner of the Jackpot.


If you are a Jackpot winner in a state that requires your name be publicized, or if you choose to be known as a winner, or if your secret gets out unintentionally, the world will be waiting to meet its newest multimillionaire. Some people will simply be curious, while others will seek a cut of your fortune. Solicitors and the media will seek out your home, your workplace, and your friends and family. While this will not last long, you should leave town with your loved ones for a few days so that you can celebrate your life-changing event in private. Before you go, ask your attorney or spokesperson to handle any questions for you in your absence.
Discover how Manfred Sternberg and Associates can help you through estate planning and commercial litigation. We serve businesses, corporate and partnership clients in Greater Houston and throughout Texas, including such communities as Bellaire, River Oaks, Galleria, Clear Lake, Galveston, Pearland, Katy, Sugar Land, Spring, Tomball, The Woodlands, Montgomery, Alvin, Conroe, Kingwood, Humble, Harris County, Fort Bend County, Montgomery County, Brazoria County and Galveston County.

Which States Win the Lottery the Most?


Still not deterred from buying a few lottery tickets? You aren’t alone. Millions of people buy lottery tickets every week and don’t expect to win anything back; it’s just a game to them. Heck, I even buy a lottery ticket once in a while, just for kicks. But I never expect to actually win the jackpot, and I would never spend money I don’t have to try to beat such grand odds.

What Do Win Lottery?


In the Mega Millions multi-state lottery, jackpots are split equally among all winners who match all numbers. If a player could ensure that he wouldn't have to split the jackpot, Mega Millions becomes a smart bet whenever the jackpot exceeds about $420 million, but this calculation doesn't account for the possibility of a split jackpot. It has been theorized that the ticket buying frenzies as the jackpot rises increases the likelihood of multiple winners sufficiently that the jackpot can never get large enough to give a ticket a positive expected value.[5]

Mass Lottery Winning Numbers


One example of this was the Missouri Lottery's promotion in the daily Pick 3. Normally a player has a 1/1000 chance of winning a $600 prize, making a $1 ticket worth only $0.60. The promotion was to draw a second winning combination on one randomly selected day of the week. Originally, the drawing to determine whether the bonus would occur that day held six white balls and one orange, but on the last day of the week, all six white balls had been removed, leaving only the orange ball and ensuring a double drawing on the last day. [4] This doubled the value of tickets for that drawing and converted them from an expected 40 percent loss to a 20 percent gain. See table 1 below for how the expected value varied that week.
2 Power Play Prize Amount - A Power Play Match Five (5 + 0) prize is set at $2,000,000 regardless of the Power Play number selected. All other non-Grand prizes will be multiplied by the Power Play number selected.* Beginning with the October 7, 2015 drawing, prize tiers 3 - 9 will be multiplied by 2, 3, 4, 5 or 10 times when the Power Play feature is purchased.* The 10X Power Play multiplier will be available for drawings in which the initially advertised annuitized Grand Prize amount is $150 million or less. Click here to view the Power Play prize chart.
Still not deterred from buying a few lottery tickets? You aren’t alone. Millions of people buy lottery tickets every week and don’t expect to win anything back; it’s just a game to them. Heck, I even buy a lottery ticket once in a while, just for kicks. But I never expect to actually win the jackpot, and I would never spend money I don’t have to try to beat such grand odds.
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