How to Increase Your Chances of Winning the Lottery



Recently, I saw a segment on the Rachael Ray Show about how to increase your chances of winning the lottery.

Her guest, Richard Lustig, wrote a book, How to Increase Your Chances of Winning the Lottery, since he won the lottery seven times.

I don’t really advocate playing the lottery instead of looking for a job or saving and investing your money. But I also don’t see anything wrong with playing the lottery for fun if it’s in your budget.

I actually won the first time I bought a lottery ticket. I got 4 out of 6 numbers from a quick pick and won under $100.

Anyway, back to the show. I found it interesting that this author had 3 simple strategies to increase your chances of winning the lottery.

1. Buy several scratchers in a row.

how to increase your chance of winning lottery

Buy several tickets in a row of the same kind of scratcher ticket at once, instead of several different kinds. This will increase your odds of getting a winning ticket.

The Rachael Ray Show bought the same scratcher ticket for everyone in the audience. 17 out of 125 audience members had a winning lottery ticket. Most of them won under $20. Still, those are great odds, aren’t they?

2. Don’t buy quick picks.

Basically, if you buy only quick picks, it doesn’t increase your odds of winning. Your chances of winning are always the same. Instead, play the same numbers each time.

3. Keep your losing tickets.

You can write off losing tickets against taxes paid on your winnings, if you win enough money in a year.

Plus, the author didn’t mention this, but for some lottery tickets, you can send in your losing ticket to be entered into a second chance lottery. The prizes aren’t as big but some people win anything from $1,000 and to even $1 million. And your chances of winning are even greater since most people don’t enter this second chance lottery.

Play responsibly!

Here’s Richard Lustig’s book:

 

learn how to increase your chances of winning lottery

 

Photo Credit: juggernautco

Featured in the Totally Money Blog Carnival #20 – “What Would You Do?” Edition, hosted by Outlaw Finance.


  6 comments for “How to Increase Your Chances of Winning the Lottery

  1. May 10, 2011 at 6:41 am

    Having worked for the National Lottery in the UK I came up against some bizarre notions about increasing your chances playing the lottery. The biggest myths debunked:

    1. If you buy your ticket at the end of the day, it’s more likely to win. Absolute rubbish.

    2. Certain ‘lucky’ numbers are much more likely to come up than others. Again not true at all.

    3. Certain shops are much luckier and produce more winners than others. Again not true. Certain shops appear or sound luckier because they discuss or promote their winners more vigorously than others.

    4. Sticking to the same numbers will increase your chances of winning. No- all draws are statistically random therefore the chances of your numbers coming up is the same every time. Sticking with the same numbers can result in more addictive gaming behaviours. Those who play regularly with the same numbers are more fearful of the consequences of not buying a ticket, fearing that the one week or day they don’t play, ‘their’ numbers will come up.

    Good luck but please play responsibly and don’t get too bogged down in popular myths surrounding lottery play.

  2. May 11, 2011 at 2:18 pm

    Well, as long as it’s in my budget, I believe if I play at least one dollar in a lottery jackpot, at least I have a chance.

  3. July 6, 2011 at 11:35 am

    How much does the book cost? BTW thanks for the tips, good info man.

  4. otto
    February 21, 2012 at 12:58 am

    This advice is absurd. Buying the same tickets doesn’t matter. Quick picks are quicker so they save time. Only lotto “strategy” is to pick numbers other people don’t to reduce your chances or splitting a prize.

  5. September 5, 2012 at 7:33 pm

    Woah this blog is fantastic i love reading your posts. Keep up the great work! You understand, a lot of individuals are hunting round for this info, you could help them greatly.

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