Winning the lottery isn’t easy. Only a handful of people win it in their lifetime. Indeed, for some jackpots, the chances of winning can be as high as 1-to-10 million, meaning that if ten million people bought a ticket, only one would win or that if you tried a million times, you’d win only once.
However, there are two reasons those numbers shouldn’t discourage you. First, even if you don’t win the jackpot itself, most lotteries offer tasty bonuses to people who come close. A bonus in the tens of thousands shouldn’t be too bad, right? Yet, some even win bonuses amounting to hundreds of thousands.
More importantly, there are ways to boost your chances of winning – which is very important as it gives you an edge of other participants. Imagine reducing your chances to just 1: 1,000, for instance. That’s a pretty good chance of winning.
7 Tips to Improve Your Chances of Winning the Lottery
The following are seven such tips to implement when you next buy a ticket to boost your chances of winning;
1. Choose a lottery with favorable odds
Not all lotteries are created equal. While all are possible to win, some are easier to win than others. Just like you don’t want a jackpot that doesn’t offer worthy rewards, you also don’t want to waste your time and money on a jackpot that’s impossible to win. Additionally, choose a game with more pools and plenty of bonuses.
2. Play less draws; buy more tickets
Common mistake lottery players make is playing every lottery they come across. This is a flawed approach. Buying more tickets of the same lottery is a much better strategy. Why? Because two tickets of the same lottery cut your odds of winning in half. Four tickets reduce the odds by 75%.
3. Form a lottery syndicate
In a recent article where a Lottoland expert explains how to win the lotto, the need to form a syndicate is stressed more than once. According to the expert, it is very difficult to win a lottery jackpot on your own. A syndicate allows you to buy more tickets (perhaps even in hundreds) n which considerably increases your chances of winning.
4. Please, don’t make it about your birthday
A lot of people tend to use their birthday (or their kids’ birthdays) as the lucky number. While you may still win, choosing to use your birthday limits your selections to numbers between 1-to-31. Including numbers above 31 alone may not necessarily increase your chances of winning, but it allows you to be more imaginative with your selections.
5. Target the 104 to 176 range
Again, this doesn’t guarantee that you’ll win. However, studies show that up to 70% of lottery-winning number combinations sum up to between 104 and 176. So, after you’ve selected your lucky numbers, add them up on a piece of paper and, if possible, ensure that the total lands somewhere within that range.
6. Look for less popular lotteries
When you play the same lottery everyone is playing, your chances of winning diminish significantly. Or, if you win, you’ll likely end up sharing the prize with several people. Playing less popular games increases your chances of winning. Better still, if you win, there’s a great chance you’ll take home the entire amount.
7. Consider the second-chance draw
Sometimes lotteries offer a second-chance draw on non-winning tickets. One lucky Kentucky resident won $120,610.70 (after taxes) this way in June 2010. So, don’t toss away that ticket just because your numbers didn’t come up in the first round.
Remember – Never Gamble with Money you Can’t Afford to Lose
This is one of the gambling rules players ignore the most. You must understand that playing the lottery is gambling. Until you win, gambling can lose you a lot of money. So, don’t overdo it. Only play with money you can afford to lose.