When you start out buying lottery tickets, you most probably bought tickets for your local lottery. It is the simplest way to try your luck and hope to win a decent price. All you have to do is walk to a shop or a supermarket where tickets are available. There is nothing wrong with that choice. The only issue is that most of the time, you are not getting the best value for your money.
4 factors that are important for the mathematical probability of success when playing the lottery
- How much does a ticket cost?
- What is the amount you can win if you score the jackpot or, at least, the top tier prize?
- What are the payouts for the lower prize tiers?
- What are the probabilities to win each one of those prizes (defined by how many numbers the lottery uses, and how many correctly picked numbers are needed to win)?
Below, we are listing a ranking of the top lotteries with better overall winning chances, compared to your local lotto. Be sure to check the last one – you may have never heard of it, but it is our top-ranking lottery and our best pick due to the excellent odds and prizes it has to offer.
But first, let’s talk about how to choose a lottery. On our website, you have more choices than what your local lotto shop offers. Playing lotto online, you are in a much better position because you have a large number of lotteries and jackpots at your disposal.
If your motivation for buying lottery tickets is the same as everyone else’s, then you are mainly interested in winning larger amounts of money. In that case, the main factor is the size of the jackpot. So, always going for the lottery which currently offers the biggest jackpot is going to work for you. Even if the tickets cost you more than what the tickets for your local lottery cost, it does not matter. It is better to pay twice the amount for a ticket if the potential reward is 5 times higher. In most cases, one of the jackpots you can play on our website will be 10, 20 or even 100 times higher than what your national lottery has to offer.
Luck will always be a factor
Of course, you know that for you to win a top prize in the lottery, you will need a lot of luck. But you still should take a look at the probabilities, because there are huge differences between the lotteries when it comes to that. To keep things simple, for our ranking we will only look at the probability of winning the jackpot for the various lotteries, and the jackpot sizes.
Our lottery ranking – all these are better than your local lotto
6. Superenalotto – this Italian lottery has a probability of 1 : 622 million to win the jackpot, but the jackpots are often in the range of €50 million or more.
5. Euromillions – the odds to win the jackpot are 1 : 140 million, with a minimum jackpot of €17 million. The record jackpot is €190 million.
4. Mega Millions USA – 1 : 302 million odds, but the jackpots are simply huge, with a record high of around $ 1500 million!
3. Powerball USA – 1 in 292 million probability to win the jackpot, and the jackpot sizes equal those of Mega Millions. Powerball has had a historical top prize of more than $1500 million, similar to Mega Millions!
2. Eurojackpot – this lottery offers the highest probability to win the jackpot (1 in 95 million). The minimum jackpot is €10 million. Also, when the jackpots reach its cap amount of €90 million, you could win the jackpot with only 5 numbers plus one extra number. That means your probability to win is only 1 in 6 million.
1. GG World Lotto – you may hear the name of this lottery for the first time, but it actually is the best one in terms of payouts and jackpots. First off, this lottery is based on the numbers drawn for Euromillions, so it has the same probabilities. But it is better than Euromillions, because it has a guaranteed minimum jackpot of $100 million, and the payouts for the second, third and fourth-tier prize are much higher compared to Euromillions.
About the scanning of lottery tickets bought online
Do you really need to get a scan of your online lottery tickets?Read more