There are many different types of lottery games. Some of them are called lottery games like pick 3 and pick 4 games while pick 5, pick 6, pick 7, and mega millions are all Lotto games. Out of all of these games you can win a very small sum of money or you can hit the jackpot. Then again, you have the highest probability of losing any of the Lotto or lottery games you play. The jackpot is what everyone is going for, but there is about a 1 in 18 million chance you will do so. However, some people do, so you might be interested in knowing the payouts on lottery tickets if you decide to start playing.
Many lottery or Lotto tickets that are scratch offs have payouts of $1, $2, $5, $10, or $20. Of course, there are scratch tickets that have prizes that go on up to $50, $100, $500, $1000, and even $10,000. However, when you start getting into the Mega Millions types of lotto games the jackpot could be in the millions or even the hundreds of millions. If you are a small time player then you might enjoy the scratch off games and winning the occasional $20. However, if you are playing the mega millions games you will have to choose numbers and simply wait to win millions. Of course, you might have the winning jackpot number for $300 million, however 50 other people may have the same number. It is not likely that many people will win the same jackpot, but it does happen with lottery clubs who go together and come up with numbers using wheeling strategies to bet on.
Wheeling Strategies
You might have thought that to play mega millions or other lotto games that you would simply come up with some numbers on your own and then just hope your numbers were right. However, many people use wheeling strategies to help them increase their odds of winning the lottery.
Wheeling strategies are used to lower your odds and help you win the Lotto. And, since the wheeling strategies are mathematically based they do make sense and really will help you increase your odds. For example, if you have seven numbers you want to use then wheeling those seven numbers can give you seven different six number combinations. These combinations will dramatically increase your odds of winning. Of course, you will still be one in millions to win, but it does help. So, if you are playing the Lotto you should use wheeling strategies each and every time to increase your odds and get you that much closer to winning the Lotto.
If you are really serious about winning the Lotto then you might want to join a wheeling club. These organizations focus on wheeling numbers and lowering the odds for winning the lottery. Many of these clubs have success, too. However, if you join a wheeling club make sure there are legal documents signed and waiting that provide instructions for how the winnings will be dealt out.
The author, John F. Abate, MBA is an international known speaker and educator on proven lottery, gaming and money-making systems.
Friday, August 17, 2007
Lottery Winnings and Wheeling Strategies
Friday, August 10, 2007
Can you REALLY Improve Your Lottery Results?
Absolutely. Even the Lotto companies themselves tell you so.
How? There are two recommendations that always come up:
a) Play a System Entry and
b) Form a Lotto Syndicate / Lotto Club.
Do these recommendations make sense? Definitely.
Take the following examples from a 49-ball lottery :
- A single 6-number entry has a 1-in-13,983,816 chance of winning;
- An 8-number system entry has a 1-in-499,420 chance of winning;
- A 10-number system entry has a 1-in-66,589 chance of winning;
- A 12-number system entry has a 1-in-15,134 chance of winning;
- A 15-number system entry has a 1-in-2,794 chance of winning;
For a 40-ball lottery, the figures are :
- A single 6-number entry has a 1-in-3,838,380 chance of winning;
- An 8-number system entry has a 1-in-137,085 chance of winning;
- A 10-number system entry has a 1-in-18,278 chance of winning;
- A 12-number system entry has a 1-in-4,154 chance of winning;
- A 15-number system entry has a 1-in-767 chance of winning;
In summary - Playing a 15-ball entry improves your odds OVER 5,000 TIMES!
The problem is - System Entries are expensive.
- A System 8 requires 28 games
- A System 10 requires 210 games
- A System 12 requires 924 games
If you can afford to play a System Entry, we recommend you do, preferably sharing the cost with friends.
If you can't, let's look at the next-best alternative.
Let's suppose you wanted to Improve your Odds by 33% - How would you do it? By playing a System 8. Instead of just six numbers to pick the winners (requiring a 100% success rate), choose eight numbers - a 33.33% increase that allows you to get two wrong and still walk off with First Prize. Sorry, ride off, probably in a Ferrari !
At this stage you need to make a choice. At $1 per game, you need $28 plus agents commission. What do you do if you only have $5 ? Either:
- Find 5 friends, each with $5, giving you $30 in total - and off you go, or
- Decide the best entry you can play for $5.
Surprisingly, there is a very effective way to play eight numbers - if you know the secret of combining them properly - that guarantees First Prize and costs under $5.
Let's suppose you chose the following eight numbers:
3 8 15 20 23 28 35 42
Before you go any further, circle six of these eight numbers.
Here's how to combine the eight numbers for the best results less than $5.00:
Game 1: 3 8 15 20 23 28
Game 2: 3 8 15 20 35 42
Game 3: 3 8 23 28 35 42
Game 4: 15 20 23 28 35 42
Now check off the six numbers you chose previously. How did you do? Pretty effective, huh ? You will ALWAYS have Five or Six winning numbers together if you have all six winning numbers in your eight.
* LOTTOMASTA's HOT TIP * If you play them as FOUR PAIRS, eg
3 & 8 - 15 & 20 - 23 & 28 - 35 & 42
You are GUARANTEED First Prize if you have any three pairs correct.
We agree - it is not as good as a full system 8 - and if you can afford all 28 games, we highly recommend you play the full system 8. If not, this four-game arrangement is pretty neat.
What's the Magic Formula ? This is -
Game 1: 1= 2= 3= 4= 5= 6=
Game 2: 1= 2= 3= 4= 7= 8=
Game 3: 1= 2= 5= 6= 7= 8=
Game 4: 3= 4= 5= 6= 7= 8=
No matter what 8 numbers you choose, substitute your 8 numbers for the numbers 1 to 8 above and you are guaranteed:
- First Prize if any 3 pairs (1/2, 3/4, 5/6, or 7/8) include the six winning numbers
- Five or Six winning numbers together if you have six winning numbers anywhere in your eight
- Five winning numbers together if you have five winning numbers together within any 3 pairs
- Four winning numbers together if you have four winning numbers together within 2 or 3 pairs
Here's how the conversion looks:
1: 1=3 2=8 3=15 4=20 5=23 6=28
2: 1=3 2=8 3=15 4=20 7=35 8=42
3: 1=3 2=8 5=23 6=28 7=35 8=42
4: 3=15 4=20 5=23 6=28 7=35 8=42
CAUTION - Magic Lotto System - or Snake Oil ?
There are some great Lottery Systems on the Web. There are also plenty of B-S systems, snake oil peddled by people with no respect for their customers. So how do you tell which is which ?
a) Does the System have a Guarantee? If not, avoid it like the plague.
b) Are they prepared to give you a Free System you can test? If not, ask yourself - why not?
c) Does the System have a 100% Money Back Guarantee ?
Good Luck!
This article was submitted by Terry Fisher, CEO of LottoMasta International, and is an extract from his book “Winning Lotto Secrets.” His website, http://www.lottery-books.com provides an analysis of the best lottery books on the 'net, ranked from 1 to 10.
Sunday, July 29, 2007
Revealed - The REAL Truth About Lottery Odds
The Truth about Lottery Odds convinced us to change the way we play. Dramatically. It will almost certainly convince you to do the same. To illustrate why, we use the USA Power Ball game as an example, but you will soon see the arguments apply to any Lottery game, 5-ball or 6-ball.
The odds of getting the first 5 numbers in the 53-number USA Powerball game are 1-in-2,869,685. The odds of getting the first 5 numbers AND the Power Ball are 1-in-120,526,770. That's the Truth … but not the WHOLE Truth!
If First Prize is $10 Million, the odds are 1-in-120,526,770. If First Prize is $100 Million, the odds are STILL 1-in-120,526,770 - but now the reward is 10 times greater. So, are Odds the perfect measure? We think not. Does it matter ? We think so.
You see, that 1-in-120,526,770 relates to buying ONE game. If you buy 10 games, your odds of winning First Prize are now 1-in-12,052,677. If you buy 100 games, your odds of winning First Prize fall to 1-in-1,205,268.
Using the info in the two paragraphs above, you can make a Quantum Leap in your Powerball Playing Strategy.
Let's, for example, suppose you budget $20 a week as your lotto money. To keep it simple, we will assume your lottery starts at $10 Million and increases every week by $5 Million. It goes for 10 weeks without being won. If you are like 99% of lotto players, this represents your playing strategy (or lack of it!).
Odds for $1 You Play Your Odds First Prize
120,526,770 $20 6,026,338 $10 Million
120,526,770 $20 6,026,338 $15 Million
120,526,770 $20 6,026,338 $20 Million
120,526,770 $20 6,026,338 $25 Million
120,526,770 $20 6,026,338 $30 Million
120,526,770 $20 6,026,338 $35 Million
120,526,770 $20 6,026,338 $40 Million
120,526,770 $20 6,026,338 $45 Million
120,526,770 $20 6,026,338 $50 Million
120,526,770 $20 6,026,338 $55 Million
TOTAL $200
Now let's suppose you change your playing strategy to matching your investment to the size of the First Prize. Those with Maths Degrees can do the six decimal places stuff, but we'll keep it simple by going with gut feeling. Your Odds with the new strategy might look like this …..
Odds for $1 You Play Your Odds First Prize
120,526,770 $5 24,105,354 $10 Million
120,526,770 $5 24,105,354 $15 Million
120,526,770 $5 24,105,354 $20 Million
120,526,770 $10 12,052,677 $25 Million
120,526,770 $10 12,052,677 $30 Million
120,526,770 $15 8,035,118 $35 Million
120,526,770 $15 8,035,118 $40 Million
120,526,770 $25 4,821,071 $45 Million
120,526,770 $50 2,410,535 $50 Million
120,526,770 $60 2,008,780 $55 Million
TOTAL $200
Your total Investment over ten weeks is still $200 - but the odds have varied dramatically from week-to-week. Under the old system, the odds were 1-in-6,026,338 every week. Under the new system, the odds are much higher while the prize is peanuts - but much lower as First Prize climbs. On the 10th week, your odds are THREE times better at 1-in-2,008,780 than they were when playing $20 every week.
"If First Prize is Peanuts - Play with Peanuts."
"If you are being offered a small fortune, play with a small fortune."
MYTH NUMBER TWO
"Playing a System Entry Increases Your Chances of Winning."
True …. But again, not the WHOLE Truth.
Playing a System 10 requires paying for 252 games. Of course you increase your chances of winning … by 252 times (over a single game). But the advantage is from playing 252 games - however you play those games.
1. If you play 252 random games, or even Auto-Pick games, your odds of winning are 1-in-478,281 (120,526,770 divided by 252).
2. If you play the 252 games in a System 10, your odds of winning are still 1-in-478,281 (120,526,770 divided by 252).
3. If you play 252 games in an organized systematical way, your odds of winning are still 1-in-478,281 (120,526,770 divided by 252).
However, there are some tactical advantages & disadvantages to consider in those three choices.
First, Random or Auto-Pick entries have no guarantee whatsoever, other than a 1-in-478,281 chance of winning.
The big advantage of a System Entry is that it maximizes the number of prizes you win. But, whether you play a System 8 or a System 20 … there is only ONE First Division in there. All the additional Prizes are in the lower divisions. And it is still a CONDITIONAL guarantee - you win IF you trap the winning numbers, but you could end up without a single winning number.
The big advantage of the Organized, Systematical entries that lottery books promote is a guarantee of a Prize of some kind.
Play 2 of the 110-game entries recommended at http://www.win-power-ball-lottery.com/power-ball-lottery.html - and your 220 games guarantee several small prizes. Toss in 32 additional games and you have exactly the same chance of First Prize as a System 10 entry - 252 chances-in-120,526,770. The big advantage is that 1 or more games in each 110-game set is 40% or better on the way to First Prize; you are absolutely guaranteed 2, 3, 4, or all 5 winning numbers from playing ALL the numbers in a mathematical matrix that gives a guaranteed result - and a guaranteed payout.
Also, those 252 organized games mean you can use all 42 Power Balls 6 times - with a System 10, you get just one Power Ball. So, if you are organized and play 42 Power Balls 6 times, you collect $18 from getting the Power Ball correct 6 times. You also collect from having Two or more winning numbers correct at least twice. Since the system uses all 53 numbers, you have done everything possible to maximize your chances.
Of course, 252 games every week is out, unless you are playing in a Group. So, what Strategy should you adopt? We suggest one of these approaches.
The first is for playing alone. We recommend the "What Works Eight Weeks out of Ten" approach. This can start as low as 9 games and build in sets of 9 games, making it ideal for starting low and building up as First Prize increases.
The second is for playing in a Group Entry. The 110-game entry guarantees 2, 3, 4 or all 5 numbers together, often more than once, and guarantees you get the Power Ball at least twice. By playing all 53 numbers you make sure you have all the winners somewhere in your entry, all organized in the best possible way. This approach is ideal for a small group.
When the First Prize has jackpotted / Rolled-Over to astronomical proportions, we recommend moving up to the 1325-game entry that guarantees Three or more of the first Five winning numbers.
What are your chances of Four winning numbers ? We guarantee Three winning numbers together. There are 2 winning numbers left in the remaining 50 balls - So your chances are 2-in-50 or 1-in-25.
The chances of that all-important Fifth ball are then 1-in-49. Agreed, you still have to get the power ball, but knowing you have 60% or more of the first 5 winning numbers before a ball is even drawn - that's not a bad starting position!
This 1325-game entry demands serious organization. You may need 40-50 members to get the funding together. This needs to be in place well before you need it.
The final choice is using lottery software or lotto books to create multiple reduced-guarantee lotto systems. With 53 numbers - for example - you could have three sets of eighteen numbers (one number played twice).
The advantage here is that if you get all the winning numbers in one set of 18 numbers, the odds of First Prize are much higher than playing 53 numbers together. If your lottery only has 36 balls, 2 sets of 18 numbers guarantees a prize (your worst split is 3 balls / 2 balls - and your best 5 balls / 0 balls!)
A second advantage is controlling the cost. Most lottery software or lotto books would have several systems for 18 numbers, one of which should fit your budget.
Of course, 3 sets of 18 numbers is just one example. Four sets of 14 numbers equals 52 numbers, allowing you to play all but one of the 53 numbers in the USA Powerball game.
Whether you are playing a game with 25 numbers, 53 numbers or anything in between, you can adapt this strategy to fit your lottery and budget.
The book "Powerball Strategies" outlines the above strategy in more detail and has over 20 systems that can be used with any 5-ball game.
Start treating Winning the Lottery as a Job -
Then maybe you won't need a Job!
This Special Report is from Terry Fisher, CEO, LottoMasta International and Author of several Lottery Books, including "Winning Lotto Secrets" and "Powerball Pro." For a "ranking" of the best lottery books on the web, please visit http://www.lottery-books.com