How To Win At Lotto?

If i buy say, 350$ of lotto tickets, what % would i win, and how much could i win?

  • lol if i get so many number correct, cant i win like a few thousand dollars?

  • Answer:

    In the LONG, LONG, LONG run, you would win approximately $175 for every $350 that you spend. That's about 50% of your money back. Realistically, it will be MUCH, MUCH less! The reason it's almost certainly going to be less is because that "LONG, LONG, LONG run" that I spoke of includes you winning the jackpot at least once. That "long run" would take a few hundred years of spending $350 each and every draw! So if after a few hundred years of playing like this you won the jackpot once, (which is about right), you would have averaged $175 back per drawing. Again - you are NOT going to win a jackpot, so your payback on Lotto style games is WAY, WAY less! How much less? That depends on where on this planet you plan to play Lotto. There are HUNDREDS of "lotto" style games in the world. I'll just break down your likely prize amount based on MY "Lotto" game that's in my state: In my state, there is a 1 out of 42 chance of hitting $2. (That's just 3 numbers.) Out of 350 tickets, you'll get about 8 or 9 that will be 2-dollar winners. Let's call it 9. So you've "won" back about $18 so far. There is a 1 out of 669 chance that you'll hit 4 numbers. Only if you're lucky, you might have ONE ticket that will hit 4 numbers! That's 50 bucks. There is a 1 out of 30,961 chance of hitting 5 numbers and getting $2,000. It's almost certain that you will NOT hit 5 numbers on ANY of your tickets. To be specific, you would have to spend this $350 on lotto tickets about 88 drawings in a row just to expect to hit 5 numbers just ONCE! So just do a little bit of math to figure out the whole amount. If you only do this once, you'll win back either around $18, or $68 total! (You'll only get the $68 about HALF the time you try this! That's when you are lucky enough to get a 4-number winner.) Let's figure that's an AVERAGE of about $43. You spent $350, but you only won back $43. What's the %? That means you will have only "won" back about 12.3% of your money!!! So let's go ahead and have you play this way for 88 drawings in a row. Your dollar average should go up just a little bit. If you play 88 times in a row for $350 each drawing, you'll expect to win the $2,000 once. You'll also expect to hit the 4-number $50 prize about 46 times. We'll say you are lucky enough to find NINE 2-dollar winners each drawing, even though it'll be a little less realistically. So that's $2,000 (1 five-number winner) + $2,300 (46 four-number winners) + $1,584 (792 three-number winners) = $5,884. So you can expect to WIN $5,884 if you were to do this 88 times in a row. (You would SPEND $30,800!) That's approximately $67 back per drawing! So what's the %? ONLY if you did this 88 times in a row, you should expect to win back only about 19% of the money you spent!!! I hope this clearly illustrates just what a HORRIBLE bet these lotto tickets are. The numbers might be slightly different with the Lotto where you live, but they are not going to be much different! The lottery is the WORST bet on the planet! No other standard bet even comes close to being as bad. It is nothing more than a TAX on the poor and on the ignorant. You are no longer ignorant.

Maddi at Yahoo! Answers Visit the source

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Other answers

Here are the odds of winning anything playing powerball. Whatever game your playing has a web site which shows the same thing.. Of course the more tickets you buy the better you chances of winning something is.. http://www.powerball.com/powerball/pb_prizes.asp Notice the top prize is 195 million to one.. Buying 350 tickets does not lower it that much.

mr.longshot

Your chance of winning will always be lower than your chance of losing. So if you put 350$ on lotto tickets chance are you will lose more money than you spent. Advice don't do it.

It depends on the amount of money youre putting in to win. Its possible you could win 300$ and still lose money

Sean

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