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FIND OUT WHAT YOUR CHANCES ARE OF BEING A MILLIONAIRE!
WINNING THE LOTTERY IS EASIER THAN YOU MAY THINK. OF COURSE, IT DEPENDS ON WHAT YOU REGARD AS “WINNING”. THE ODDS OF WINNING ANY PRIZE ON THE UK NATIONAL LOTTERY ARE ONLY 1 IN 8.2. THE AVERAGE PRIZE PER WINNER AT THOSE ODDS MAY ONLY BE £9 BUT AT LEAST IT’S BETTER THAN A KICK IN THE TEETH!
As big jackpot wins dominate the lottery news, people often forget about the thousands of smaller tier prizes which are won on a weekly basis. Some of these lower tier prizes are significant enough to have a big impact on someone’s life.
Ultimately, it’s the dream of becoming an instant millionaire which really draws punters to take their chances on the lottery, but how likely are you to become a lotto millionaire and how do your odds far against other unlikely scenarios? Are there really any strategies which can increase your chances of winning the lottery?
WHICH LOTTERIES HAVE THE BEST ODDS?
Many lottery enthusiasts tend to stick to the same lottery week in, week out. They seldom consider that it would be a good idea to try their luck on other lotteries from time to time, especially as they could benefit from better odds.
Many punters are unaware that it’s possible to bet on the outcome of international lotteries from the UK. Lottoland is an online betting company which offers its UK customers a wide range of international lotteries to bet on. With Lottoland, you place a bet on the outcome of the lottery rather than enter the official draw. The odds remain the same as the official lottery and so do the prizes.
The odds of winning the lottery at Lottoland vary greatly between the different lotteries available. Below are some of the lotteries with the most favourable odds which are available to bet on at Lottoland.
MINI LOTTO (Poland)
You won’t become a millionaire if you win this lottery but your chances of winning a significant prize are much more favourable than most other lotteries. On top of that, you don’t have to wait long for the results as the draw takes place DAILY.
This lotto only cost a mere 35p to bet on with the draw held DAILY at 20.50 GMT.
Pick 5 numbers from 42 to win the jackpot.
The odds of winning any prize are 1 in 16 whilst the jackpot odds are only 1 in 850,668. The top prize is £70,000.
AUSTRIAN LOTTO
The 6aus45 lotto is Austria’s most popular lottery. As you may suspect from the name, you pick 6 numbers from 45, plus an additional bonus number.
The odds of winning any prize are as low as 1 in 16!
The jackpot odds are 1 in 8,145,060 with an estimated jackpot of £773,365.60 – certainly enough to have a big impact on someone’s life.
You have two chances a week to win this lottery, with the draw taking place every Wednesday at 15.50 GMT and on Sundays at 18.15 GMT.
IRISH LOTTO
The Irish Lotto is one of the most popular lotteries amongst UK lotto enthusiasts due to having more favourable odds than most other major international lotteries along with large jackpots which can roll-over to as much as €19 million (approx. £15.9 million).
Choose 6 numbers from 1-47. Match the 6 numbers to win the jackpot or 5 + a bonus ball for the second prize.
The odds of winning any prize are 1 in 72 whilst the Irish Lotto jackpot odds are 1 in 10,737,573, which is significantly lower than the UK National Lottery jackpot odds of 1 in 45,057,474.
The draw for the Irish Lotto is held every Wednesday and Saturday at 20.00 GMT.
POLISH LOTTO
Polish lottery organisers seem to be quite generous as this is another lottery from Poland which UK punters can bet on with Lottoland that offers you more favourable odds than if you were to purchase a lottery ticket at your local corner shop in the UK.
The probability of winning any prize on this lottery is 1 in 57 with jackpot odds of 1 in 13,983,816 with an estimated jackpot of £2,145,589.
The draw is held on Tuesday, Thursday, and Saturday at 20.50 GMT. Match six numbers from 1 to 49 to win the jackpot.
WHAT ARE THE ODDS FOR THE BIGGEST JACKPOTS?
When it comes to the world’s biggest lottery jackpots, we need to look across the pond.
Living up to the stereotype of everything being bigger in America, the jackpots offered by the US Powerball and MegaMillions make some European lottery jackpots look like pocket change.
POWERBALL
The biggest lottery jackpot ever won was a mind-blowing $1.586 billion! Yes, that’s billion. This jackpot amounts to approximately £1.261 billion.
Not surprisingly, the odds of winning the Powerball are very much stacked against you at 1 in 292,201,338. The odds for any prize though stand at 1 in 38.
Select 5 numbers from 1-69 plus an additional Powerball from 1-26.
The draw takes place on Tuesday, Thursday and Sunday at 0400 GMT.
MEGA MILLIONS
MegaMillions isn’t too far off from claiming the biggest lottery jackpot pay-out with a record of $1.537 billion (approx. £1.222 billion).
There are 70 numbers in the MegaMillions pool, meaning the odds of winning the MegaMillions jackpot are higher than for Powerball, standing at 1 in 302,575,350 with any prize up for grabs at 1 in 37.
To win the MegaMillions jackpot, you need to choose the correct 5 numbers plus an additional Megaball from 1-25.
THINGS THAT ARE MORE LIKELY THAN WINNING THE WORLD’S BIGGEST JACKPOT
As much as we’d all love to win the lottery, it’s important to put things into perspective and not get carried away with either our betting or our dreams. It wouldn’t be wise to rely on winning the lottery to resolve your financial issues or for any future plans.
When it comes to the biggest world lotteries such as Powerball and MegaMillions, you should take into consideration that unfortunately you’re more likely to be tragically killed by any of the following:
Car crash: 1 in 107
Being mauled by a dog: 1 in 118,776
Struck by lightning: 1 in 1.2 million
Shark attack: 1 in 3.75 million
Plane crash: 1 in 11 million
Snakebite: 1 in 50 million
On a positive note, it’s not just negative things which are more likely to happen than winning the lottery. The odds of being dealt a royal flush in 5-card poker are 1 in 649,740 for example.
People around the world do win the lottery on a daily basis, and the end of the day someone has to win!
One such winner was Cristina, a German cleaner who won a whopping €90 million (approx. £75.6 million) after betting on the EuroJackpot with Lottoland in 2018.
It’s also worth noting that at least you do have a better chance of winning the Irish Lotto jackpot than dying in a plane crash. Plus, if you live in Ireland, you’re chances of dying from a snakebite were thankfully greatly reduced by St.Patrick!
HOW TO IMPROVE YOUR CHANCES OF WINNING
There’s no secret formula to winning the lottery and it seems that no amount of magic will work either, if not the world would be full of millionaire magicians and oligarch oracles!
However, you could improve your chances of winning a prize by joining a lottery syndicate or by using Lottoland’s system bets.
You can always bet on various lotteries to have a better chance at winning something on one of them and of course, you can enter more draws. Make sure not to go crazy though as you wouldn’t want to take a financial hit.
The most sensible thing to do would be to consider betting on lotteries with more favourable jackpot odds, such as the one’s mentioned above, and let Lady Luck take care of the rest.
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