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However, more and more people these days buy online lottery tickets as it is both easier and gives them access to online lotteries from around the world.
Buying lottery tickets online has never been quite as straight forward as it is nowadays. This is mainly due to the influx of several internet based lottery ticket sales agents offering online lottery tickets in the majority of the major global lotto games.
In an average state lottery, your odds of winning are about 1 in 14 million if you buy one ticket online. If you were to buy 2 tickets, then the odds shift to 1 in 7 million.
So if you were to buy tickets… well you get the idea. Now I got to thinking. How do I buy more lottery tickets without spending more money?
This would be some money that I would set aside every time I would normally play the lottery until the jackpot was really high.
This way I could play all of my money at once, increase my odds of winning the lottery, and potentially come home with a lot more money than if I had picked a different time.
Now that I had a lottery budget, I needed to decide when the best time to play was. I was a statistics major in college so I used an expected value equation to decide when would be the best time to play.
The time to play varies between every lottery because the odds of winning and jackpot amount are always different, but for me it was around 13 million dollars.
Since the best time to play varies for each game, I have done calculations to determine when to play based on each games lottery odds.
When it comes to winning the online lottery, your odds are terrible. You can, however, increase your odds by choosing the right game at the right time.
To do this you must pay attention to the payout and your odds of winning. You must also take into account, not only the jackpot, but the lower payouts as well.
Then divide these numbers by your chances of winning and you will see whether or not you should play. The standard Ohio Classic lottery odds are calculated with a fairly simple formula.
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